Yes, it is a good idea to run financial reports for your small business. Financial reports provide important insight into the financial health of your business. They can provide you with an accurate picture of your business’s income and expenses, as well as give you valuable information about your cash flow. This information can help you make smart decisions about how to use your resources and investments. Furthermore, financial reports can help you identify areas of opportunity where you can improve your performance. Finally, financial reports can help you track your progress towards achieving financial goals. All in all, running financial reports for your small business is a wise decision that can provide you with valuable information to help your business succeed.