Financial Process: Difference between revisions

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=Process Design=
=Process Design=
==Specifications==
*Radical Transparency
*ongoing balance sheet. Visible to Core Team. Shareable with outsiders on demand.
*Monthly income and expenses. Visible to world.
*True Fan Revenue - updated every month in a clearly visible graph
*10 Month Budget is visible
*Annual Reports Visible
*Budget Rationale - $2.1M+Org Infrastructure
*Prototyping Cost - Total prototyping money spent vs. number prototypes built. Goal: if the cost falls, that means we are succeeding at collaborative.mission-aligned development.
*Core Project Efficiency (total expenditures vs. prototypes built)
*Receipts saving policy
*[[Document Retention Policy]] clear
*Revenue generated from Product Sales.
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<html><img src="https://docs.google.com/drawings/pub?id=1m2T4cjVVZ03Io48_6M2KXik5QXil2zzTNG66CF3Pqo4&amp;w=749&amp;h=383"></html>



Revision as of 20:32, 21 October 2012

Process Design

Specifications

  • Radical Transparency
  • ongoing balance sheet. Visible to Core Team. Shareable with outsiders on demand.
  • Monthly income and expenses. Visible to world.
  • True Fan Revenue - updated every month in a clearly visible graph
  • 10 Month Budget is visible
  • Annual Reports Visible
  • Budget Rationale - $2.1M+Org Infrastructure
  • Prototyping Cost - Total prototyping money spent vs. number prototypes built. Goal: if the cost falls, that means we are succeeding at collaborative.mission-aligned development.
  • Core Project Efficiency (total expenditures vs. prototypes built)
  • Receipts saving policy
  • Document Retention Policy clear
  • Revenue generated from Product Sales.

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