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High Burn Rates Result in Short Startup Runways

Startup Professionals Musings

Investors assume it will only go up with more funding. As a rule, you need to review your burn rate every month, and manage it every day. There’s tremendous leverage in learning to use Microsoft Office, QuickBooks, and how to Google for sample contracts and the latest tax changes. The components are simple - expenses and income.

Startup 92
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Don’t Get Burned By Your Startup Burn Rate

Startup Professionals Musings

Investors assume it will only go up with more funding. As a rule, you need to review your burn rate every month, and manage it every day. There’s tremendous leverage in learning to use Microsoft Office, QuickBooks, and how to Google for sample contracts and the latest tax changes. The components are simple - expenses and income.

Startup 48