How to Calculate Burn Rate: Step-by-Step Formula and Practical Examples

Gross burn rate doesn’t take revenue into account, which is why most companies simply measure net burn rate. While we suggest tracking net burn rate (it’s alway what we report on in Finmark), it’s worth noting the difference between the two. Occasionally, we send you a really good curation of profitable niche ideas, marketing advice, […]

How to number invoices: Learn how to assign invoice numbers

Creating properly formatted invoices with itemized services or products, payment terms, and due dates reflects business credibility. There is also accounting software that can help maintain your invoice numbering system after you decide on an identifier to use. This yearly system allows you to quickly see which year an invoice is issued and follows the […]