@keyangle45: Title: Understanding Burn Rate and Profit Margin Introduction: Knowing your company’s financial health is crucial. Learn about two key metrics: burn rate and profit margin. Burn Rate:Definition: How quickly your company spends its cash.Calculation: Subtract beginning cash from end cash, divide by months.Example: Start with $100,000, end with $80,000, for 1 month: Burn Rate = $20,000/month. Insight: Shows how long cash reserves will last, vital for planning. Profit Margin:Definition: Measures profitability by comparing revenue to expenses.Calculation: Divide net income by total revenue, express as a percentage. Example: Net income $50,000, revenue $200,000: Profit Margin = 25%.Insight: Reflects operational efficiency and profitability. Conclusion: By tracking burn rate and profit margin, businesses gain insights for better decision-making and sustainable growth. #startups #business #keyangle #businesstips #businessowner #businessclass #BusinessTalk, #fintech fintech #StartupVibes, #EntrepreneurLife #SmallBizTips, #BusinessHacks, Keyangle #AfricanEntrepreneur, #StartupChallenge, #BusinessMotivation , #InnovateTogether, #YoungEntrepreneur , #BusinessInspire, #BizDevelopment technology #technews #techupdates #tech

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