Recovery Scenarios: Mind the Burn Rate

Recovery Scenarios: Mind the Burn Rate

As we work with our accounting and technology clients, we are mindful of strategies to get through the next few quarters intact. Mind your V’s and U’s.

A great article on how to “extend your runway” from our friends at Brainyard:

https://www.netsuite.com/portal/business-benchmark-brainyard/industries/articles/cfo-central/burn-rate.shtml

“Founders, who are by nature optimists and not prone to preoccupation with downside scenarios, tend to favor the second half of that concept more than the first. Finance leaders may need to inject a dose of reality, because the current situation carries so much uncertainty that if your company does not prepare for downside scenarios, you might not be around for the bounce.”

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