Accounting 101: The Ultimate Guide to Accounting Basics
Hubspot
MAY 3, 2019
Your burn rate is how quickly your business spends money. To calculate your burn rate , simply pick a time period (such as a quarter or a year). For example, if I spent $500 to fly to and attend a marketing conference, that’s $500 less I owe in taxes for that year. They use this to pay personal taxes.
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