A method for monitoring the voltage of each of a plurality of cells of a battery pack is provided. The method may include monitoring a voltage potential for each of a plurality of cells in a battery pack utilizing a single channel of battery control unit within the battery pack. If, during discharge of the battery, e.g., the battery is being used to power a hand tool, the voltage potential of any cell is determined by the battery control unit to be below a predetermined minimum voltage, the battery control unit discontinues a current flow from battery pack to the tool. Additionally, during charging of the battery pack, if a voltage differential between any one of the cells and any other one of the cells is determined to be above a predetermined maximum differential, the battery control unit reduces the voltage potential stored in the cell having the higher voltage potential.