Today we are going to talk about burn rate, or cash burn rate to be more specific. Your burn rate is the speed at which your cash balance is going down. If you had $1mm in cash on January 1st, and now it is October 1st and you have $250,000 left, your burn rate is $750,000/9, or $83,333/month.
Money $aving Tip: If contractors in your area are able to haul the concrete to a recycler, you can save a significant amount of money by no longer having to pay per ton dump fees at the landfill. A modest patio or sidewalk (200 sq ft) costs $400 - $600 in some parts of the country.
1 Most sidewalks are going to be created with concrete. 2  There are other various forms of concrete, such as stamped concrete, that can bring the price up. 3  Most contractors will charge per square foot of the sidewalk. 4  On average, plan on spending anywhere from $5 to as much as $10 per square foot. The website Amherst.NY.US states that if a homeowner needs to have a sidewalk installed, the prices can range from $6 to $8 per square foot. 2  According to the website Turtlesoft.com, the actual material for a typical sidewalk can cost the contractor about $2.50 per square foot.