Friday, January 15, 2021

Ideal Putter Length to Sink the Most Putts

Well versed in commercial insurance, Bill Scuorzo serves as president and CEO of the New Jersey-based firm BCG Advisors. Outside of his professional responsibilities, Bill Scuorzo enjoys staying active through several outdoor activities, including playing golf. One of the most difficult skills to master in golf is the putt and many people put themselves at a disadvantage by using a putter that is the wrong length.


You can figure out the ideal length for a putter at home with the help of another person. The process begins by getting into the normal putting position without a putter in hand and without making any adjustments. Then, hang your arms from your body in a natural position while another person measures the distance from the wrist to the ground. For most golfers, this distance will be between 32 and 36 inches and is the ideal shaft length for a putter.

Using this strategy accounts for posture and not just height when considering the ideal putter length. Having a putter that is the ideal length ensures your eyes see the right line as you set up the shot. If you see the incorrect line, you may unconsciously adjust your backswing and end up missing the shot. Shaft length also impacts distance control.

Sunday, January 10, 2021

How to Calculate the Burn Rate of a Startup

An expert in the field of commercial insurance, Bill Scuorzo serves as president and CEO of BCG Advisors in Secaucus, New Jersey. Recently, Bill Scuorzo also became president and CEO of AndAme Investments, which helps struggling small businesses and startups become more efficient. When analyzing the financial situation of a startup, it is critically important to think about the company’s burn rate.


The term burn rate refers to the monthly amount of money that a business is losing. The burn rate is a reminder that a startup will run out of money if it does not begin generating sufficient revenue. Investors often look at the burn rate and future income projections when they decide whether or not to invest in a startup.

To calculate the burn rate, startups need to consider their fixed and variable costs. Fixed costs are those that do not change between months, such as rent, insurance, and loan repayments. Variable costs change with production and typically increase as the company makes more of its product. Burn rate is the difference between monthly expenses and income. Startups can use this number to calculate a runway or the amount of time that the company can survive without bringing in additional revenue. The runway is the company’s current cash balance divided by the burn rate.