The Your Burn widget in Headsup tracks how fast you’re burning money. 

 

Based on your cash flows and expenses, the widget displays information about the money you've spent, your rate of spending, and the projected cash your business will have at the end of a given period. 

 

  • Money In refers to the total amount of money received during a specific month, excluding non-operational transactions, such as transfers or credit card payments. 
  • Money Out is the total amount of money spent in the same period—your expenses—excluding non-operational transactions such as transfers, credit card payments, or personal expenses. 
  • Burn is your company's net monetary consumption during this period, calculated by subtracting money in from money out and excluding non-operational transactions such as transfers, credit card payments, or personal expenses. This is the pace at which your business uses its money reserves.
  • Runway is a projection of the time, in months, before your business will exhaust its money reserves, calculated by dividing the total bank balance for the displayed month by the monthly burn. Runway gives you a rough estimate of the amount of time left before your business needs to secure additional funding or generate more revenue to stay afloat.