5 Tips to Control Your Startup’s Burn Rate

San Jose, Calif. – July 18, 2013 – “Startup entrepreneurs must constantly control and monitor their cash reserves, and there are several basic steps to make this happen,” says Mark Sheffield, a startup expert at the Silicon Valley accounting firm of Abbott, Stringham & Lynch. “A well-managed burn rate, or negative cash flow, can go a long way to ensure investor confidence and the time necessary to build momentum in the business,” he adds.

To control and monitor your startup’s burn rate, Sheffield offers these tips…