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The LivePlan Blog

Posts Tagged: metrics in a minute

What Is Cash Burn Rate?
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What Is Cash Burn Rate?

Cash burn rate is the rate at which a company uses up its cash reserves or cash balance. Here’s how to calculate your burn rate, and tips for reducing it.

What Are Direct Costs? COGS Definition
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What Are Direct Costs? COGS Definition

Direct costs (also known as costs of goods sold—COGS) are the costs that can be completely attributed to the production of a specific product or service. Here’s why this is important for growing and running your business.