Burn Rate Operations Salary Small Business 
Up and Running
APRIL 6, 2020
It doesn’t matter if times are good or bad, cash is always the lifeblood of any business. You need cash in the bank to operate, to pay employees, and to keep the doors open. If you’re out of cash, you’re out of business. How do you calculate the burn rate? This total number is your Gross Burn Rate.
Steve Blank
MARCH 17, 2020
With the Covid-19 virus a worldwide pandemic, if you’re leading any startup or small business, you have to be asking yourself, “What’s Plan B? Here are a few thoughts about operating in uncertainty in a pandemic. But next the question is, ‘What happens to my business?”. What does your new business model look like?
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Up and Running
MARCH 26, 2020
And we business owners need to make sure that our businesses not only survive this crisis but find ways to thrive. For small businesses, cash flow management in a crisis is absolutely vital. It can mean the difference between stabilizing your business or falling behind. Cut all salaries by 20%.
Berkonomics
APRIL 16, 2020
Many businesses threatened with closure forever. Small businesses are the most vulnerable, even though most have furloughed employees. FINANCIAL: Do you have twelve to eighteen months of cash to cover your “burn rate” now and as you recover? Plan for reductions in fixed overhead, salaries, and other costs now.
Both Sides of the Table
JULY 13, 2013
You know, there were a number of small businesses in San Diego that were producing hard drives and computer assemblies and, you know, a lot of stuff in the IT sector, and I had gone off to meet a bunch of them because I didn’t know if I could get a job. They paid engineers $4,000 more entry-point.
Startup Professionals Musings
JUNE 18, 2012
I now see and believe business plans that budget $1K for all this, versus a previous $20K or more. Founders now routinely use their home to operate their startup until they are well into the revenue phase. That’s a burn rate of at least $10K per month that can be eliminated if you are handy with computers and Quickbooks.
Startup Professionals Musings
FEBRUARY 15, 2011
I now see and believe business plans that budget $1K for all this, versus a previous $20K or more. Founders now routinely use their home to operate their startup until they are well into the revenue phase. That’s a burn rate of at least $10K per month that can be eliminated if you are handy with computers and Quickbooks.
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