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New businesses are in a delicate situation where they are not earning revenues. However, they are spending money to invest in equipment, pay expenses, overheads, and more. Therefore, it is very important for Pakistani startups and new businesses to keep track of the money they are spending. It is also necessary to understand exactly how much money they can spend before going bankrupt. Burn rate and runway are two calculations that are useful in this situation. It is used by startup companies and investors to track the amount of monthly cash that a company spends before it starts generating its own income, and how long they can continue to spend that money before going bankrupt.
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