MyPR: Burn Rate: A Comprehensive Guide for Startups and Entrepreneurs: We’ve all heard the ominous phrase ‘burning through your cash’ – nobody wants that! But what does the term ‘burn rate’ mean exactly, and is it as bad as it sounds? Let’s learn more. Burn rate is the rate at which a company is losing money. It is typically expressed in monthly terms. E.g. “the company’s burn rate is currently $ 65,000 per month.” In this sense, the word “burn” is a …
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