The amount of cash that a company consumes each month in order to continue operations. Occasionally refers to total expenses, but more commonly used to refer to cash receipts minus cash expenses when the difference is negative. Example: My company has a burn rate of $00,000 and $1,000,000 in cash on our balance sheet, so we have 10 months of runway.
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Coworking spaces have swept the globe during the past 20 years. Freelancers, consultants, start-ups, and big businesses may all work together in one location.
The perks of working from home are clear. Many people like having no commute, and they find they save money when they don’t go into the office.
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