Burn Rate: What It Is, Why It Matters, and How Small Businesses Should Use It

Burn rate is a KPI that shows how quickly a business is using its cash over time. It is most often discussed in startups, early-stage companies, and businesses that are investing heavily before they become sustainably profitable. For small business owners, burn rate matters because it answers a very practical question: How fast are we […]

EBITDA: What It Is, Why It Matters, and How Small Businesses Should Use It

EBITDA is a financial KPI that helps business owners understand how the business is performing before interest, taxes, depreciation, and amortization are taken into account. That may sound technical at first, but the idea is practical. EBITDA is used to look at the earnings power of the business from its core operations without some accounting […]