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Understanding Runway and Burn Rate: The Key to Cash Flow/Part 5 of the “Designing your Business” Masterclass Series
Gross burn rate is an important thing to measure. Burn rate is the pace at which a firm is running through its capital ahead of it generating any positive cash flow. It allows you to answer the question: “If we don’t sign another project, how many months can we stay in business? How long is our runway?” This webinar looks at the key performance indicators associated with your runway and burn rate and teaches you how to estimate your projected income.
Earn 1 AIA LU.