Financial Operations Insights, Guides, and Tools

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Kate Dymedenko 6/6/26 Kate Dymedenko 6/6/26

Biotech Burn Rate and Runway: How to Build a Cash Forecast That Holds Up

We’ve all heard the expression “time is money,” but nowhere is it more meaningful than in biotech. In this industry, cash is the clock. Every dollar spent either moves a project forward or delays progress towards a milestone. Unlike most sectors, biotech startups often operate for years without revenue, underscoring the importance of understanding and managing cash burn and cash runway.

Kate Dymedenko 12/8/25 Kate Dymedenko 12/8/25

280E vs. Your Bottom Line: How to Minimize the Damage Legally

Every cannabis operator knows only too intimately the woes of IRC 280E. This tax rule prohibits legitimate cannabis businesses from deducting normal and customary business expenses like rent, utilities, payroll, marketing, and office equipment, or any business expense, unless it can be attributed to the cost of goods sold (COGS).