Balance Sheet Cost Covenant Management 
Both Sides of the Table
SEPTEMBER 28, 2014
So if your costs are $500,000 per month and you have $350,000 per month in revenue then your net burn (500-350) is equal to $150,000. We want a strong balance sheet (um, ok. but that’s our firm’s money on your balance sheet. Gross burn is the total amount of money you are spending per month.
YoungUpstarts
JUNE 17, 2020
This means: compiling a balance sheet, listing all of your assets, all of your payables (or “liabilities”), including what may become a liability down the road (i.e., Following from that, is there an operational plan that can be implemented to lower costs while salvaging the competitive advantage of the company? Chapter 11.
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