Learn more about common financial (and startup) terms here. To learn more about Pilot, fill out the form below.
Run rate is a financial metric that estimates future financial performance based on current results. It's often used by startups and other new businesses that don't have a full year of historical data to analyze.
The run rate is calculated by taking a current period's financial results (say a quarter or a month), and projecting them over a full year. For example, if a startup earned $250,000 in revenue in its first quarter, the annual run rate would be $1 million. However, it's important to note that run rate doesn't account for seasonal variations or growth rates, and should be used with caution.
Pilot provides bookkeeping, CFO, and tax services for literally thousands of startups and growing businesses. We've successfully processed over 10 million transactions for our customers and have unparalleled expertise when it comes to helping businesses succeed.
We're the largest startup-focused accounting firm in the United States, and we'd love to help you. To talk to an expert on our team and find out what Pilot can do for you, please click "Talk to an Expert" below, or email us at info@pilot.com.
Get the peace of mind that comes from partnering with our experienced finance team.