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Rubric Financial

Finance

Burn Rate

The monthly net cash outflow of a business — how much cash leaves the bank each month after collections.

Burn rate is the diagnostic for businesses operating at a deficit, whether by choice (investing for growth) or by accident (margin compression). Computed as monthly cash inflows minus monthly cash outflows; a positive burn means cash is leaving.

Two flavors: gross burn (all monthly cash outflows, ignoring revenue) and net burn (outflows minus collections). Net burn is what determines runway.

Even cash-flow-positive SMBs benefit from tracking burn during seasonal troughs (Q1 for retail, summer for B2B) to spot trouble before it compounds.

Common pitfalls

  • Computing burn on accrual revenue instead of collected cash — overstates health
  • Ignoring lumpy items (quarterly tax payments, annual insurance renewals, year-end bonuses) — actual cash hit is worse than the monthly average
  • Not separating one-time burn (equipment purchase, settlement) from recurring burn

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