Financial Terms Glossary

Cash Burn

Formal

Network build and service delivery can take many years, requiring significant long term funding. Budgets detail how much is needed, and sufficient funds raised - by share or loans. Cash Burn is the net cash consumed or 'burnt' each month and when compared to the funds still held gives the time you have left using your current cash resources. Typically quoted as 'we are fully funded until December 2003'.

Informal

I have a large pot of money, and I'm spending it fast. I hope to generate some money in future - but when that begins is uncertain. So how many months can I survive at the rate at which I'm burning cash? After that time I'll need some more if my business is to survive.

What we do

At Shark Finesse we have developed an enterprise-grade cloud application to help businesses standardise and simplify their value engagements across the entire customer journey.

Shark, a business value engagement platform used by 1000’s of customer-facing teams globally (e.g. pre-sales, sales, value teams, and customer success) is easy to use, intuitive and usable directly with the customer to negotiate the likely business returns from investing in a solution.

By adopting the Shark approach you will fundamentally transform conversations with new and existing customers, close more business, and differentiate from the competition.
Find out how

We'd love to hear from you!

Phone
+44 (0)1256 338635
Address
Grove House, Lutyens Close
Basingstoke, Hampshire
RG24 8AG, UK