The halfway point is late enough to see the pattern and early enough to change the year. Six months of actual sales, expenses, collections, and cash movement reveal which assumptions held up and which need attention before Q3 gathers speed.
Reliable answers start with current books. Use accounting software for small business to bring the profit and loss statement, balance sheet, receivables, payables, and cash activity through the same cutoff date. If one report ends in June and another is current only through May, the comparison can point you in the wrong direction.
