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How and Why to Manage Cash Flow

Up and Running

You think about what it’ll cost to manufacture your widgets, how many widgets you can sell, and how much you can sell them for. If you buy a widget for $100 and sell it for $150, you should end up with $50 profit, and you have $150 in the bank. Sell a widget . And so on … sell three widgets . How does this happen?

Widget 90
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SayAhh’s Revenue Projections

Feld Thoughts

The expense forecast tends to be organized by what the money is being spent on such as office space, employee salaries, or computer hardware and software. In the straightforward example of a widget manufacturer, expenditures on electricity (the “what”) can get spread across multiple line items on the Income Statement.

Revenue 127
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Piercing the Corporate Veil of Sweat Equity

grasshopperherder.com

Without receiving a real salary, I’d be wary of signing a non-compete in an area which I have domain expertise in. Which country’s laws does the corporate entity operate under? The founder who owns 51% of Company B can elect to pay himself a salary of $1 USD. You don’t have a defensible business model.

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CEO Friday: Why we don’t hire.NET programmers

blog.expensify.com

net is the only framework in which you can build an app for all the major mobile operating systems (iphone, android, wp7). You’re also living in an anti-Microsoft fantasy land if you think that all things that need to be done can be done with widgets and APIs provided in.Net. It’s an *freaking open source*.net

Java 107