Ryan Carson published a very instructive (and eye opening!) document with various SaaS cashflow models. Things are not always what they seem :)<p><a href="https://spreadsheets.google.com/ccc?key=0AkxZrw3662U_dEhQa0Y4T3c5RU5mcGd6N0twYXhLZWc&hl=en" rel="nofollow">https://spreadsheets.google.com/ccc?key=0AkxZrw3662U_dEhQa0Y...</a>