Interesting question posed about the impracticality and impossibilty of a software business qualifying as a "lifestyle" business.
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CFOWISE submitted the following stories to BizSugar
Is There Such a Thing as a Lifestyle Software Business?
Posted by CFOWISE under StrategyFrom http://www.cfowise.com 5280 days ago
Made Hot by: smallbiztrends on November 15, 2009 8:53 pm
I Cannot Predict the Future—Budgeting is Worthless!
Posted by CFOWISE under FinanceFrom http://www.cfowise.com 5287 days ago
Some great tips on how to use budgeting to increase cash flow!
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Build Your Business Model Around People | CFOwise
Posted by CFOWISE under FinanceFrom http://www.cfowise.com 5290 days ago
A company has a new opportunity but misses on its assumptions for labor costs. The result: underpaid employees and a tough decision to cancel the opportunity or adjust the business model to help both the employees and company win.
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This is a great analogy about how, like road maps, the financial model of a business can become outdated pretty quickly!
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Are Your Employees the Best Possible Buyer of Your Business?
Posted by CFOWISE under FinanceFrom http://www.cfowise.com 5298 days ago
A real-life scenario measuring if it would be best for the owner to sell his business to the employees.
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Leadership After the Layoff — A Financial Plan is Key
Posted by CFOWISE under ManagementFrom http://www.cfowise.com 5304 days ago
Sound advice on the role your financial model/plan should play in how you lead your organization after a layoff.
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Here is a great list of the CFOs on Twitter.
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10 Attributes of a Great CFO
Posted by CFOWISE under FinanceFrom http://www.cfowise.com 5304 days ago
Points to consider and to which your CFO should be held accountable...
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One Massive Layoff, or Slowly Let People Go?
Posted by CFOWISE under Human ResourcesFrom http://www.cfowise.com 5306 days ago
I was asked this question today, and I think it deserves a little bit of discussion. I will share my take on the subject, and then share the opinions I received from several of my friends on Twitter. Feel free to add your comments.
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2 Reasons CEOs Have to Care About Revenue Recognition
Posted by CFOWISE under FinanceFrom http://www.cfowise.com 5306 days ago
Every Entrepreneur, Business Owner, Founder, and CEO has to care about revenue recognition for two reasons. First, the accuracy of your financial statements is wholly correlated to your compliance with revenue recognition. Second, your ability to gain and maintain external debt and equity financing increase dramatically. Let's discuss—
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