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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

SEPTEMBER 28, 2014

” Stay lean and only raise a big round if you DO find product / market fit and which point you want to loosen the belt quickly and raise the capital to do so. You technically have more gas left but you never know if some unexpected circumstance causes you to run out of gas. You really need to subtract the final month.

Burn Rate 383
Burn Rate Balance Sheet .Net Valuation 383
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10 Things the Bank Will Ask When You Need a Business Loan

Up and Running

APRIL 2, 2015

Nowadays it can be short—perhaps even a lean business plan —but banks still want that standard summary of company, product, market, team, and financials. See Also Introducing Lean Planning: How to Plan Less and Grow Faster. Complete financial statements, preferably audited or reviewed. All of your business’s financial details.

Balance Sheet 60
Balance Sheet SBA Covenant Technical Review 60
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