I’ve focused on helping businesses understand their money and determine how to best navigate the complex world of business financial services. And despite all the progress over the last three decades, we’re still very behind in educating and helping business owners easily and digitally manage their corporate finances.

Understanding Burn and Runway

March 05, 2017 by J Garcia in business

The cash burn and months of runway calculations help operators and investors understand the capital needs. For example, entrepreneurs typically like to raise 18-24 months of runway in a single financing round. Understanding your burn and runway allows operators to calculate the necessary round size.