Let's discuss what a savings burn rate is, its importance, and how to calculate it. I'll also offer a burn rate example and tips for how to improve your rate.

"Burn rate" refers to how much cash a company consumes in a certain period, commonly monthly, to cover all of their expenses. Most commonly, it's used to discuss companies that are unprofitable and ...

Learn why burn rate is vital for business sustainability, how to calculate it, and what it means for future company finances.