diff --git a/README.md b/README.md
index dfd13e1..4ec5b16 100644
--- a/README.md
+++ b/README.md
@@ -1,4 +1,4 @@
-## FaaS Node.js Runtime Framework
+# Node.js Function Framework
 
 [![Node.js CI](https://github.com/boson-project/faas-js-runtime/workflows/Node.js%20CI/badge.svg)](https://github.com/boson-project/faas-js-runtime/actions?query=workflow%3A%22Node.js+CI%22+branch%3Amaster)
 [![codecov](https://codecov.io/gh/boson-project/faas-js-runtime/branch/main/graph/badge.svg?token=Z72LKANFJI)](https://codecov.io/gh/boson-project/faas-js-runtime)
@@ -6,18 +6,69 @@
 This module provides a Node.js framework for executing a function that
 exists in a user-provided directory path as an `index.js` file. The
 directory may also contain an optional `package.json` file which can
-be used to declare runtime dependencies for the function.
+be used to declare runtime dependencies for the function. You can also
+provide a path to an arbitrary JavaScript file instead of a directory
+path, allowing you to execute a single file as a function.
 
 The function is loaded and then invoked for incoming HTTP requests
 at `localhost:8080`. The incoming request may be a
 [Cloud Event](https://github.com/cloudevents/sdk-javascript#readme.) or
-just a simple HTTP GET request. In either case, the function will receive
-a `Context` object instance that has a `cloudevent` property. For a raw HTTP
-request, the incoming request is converted to a Cloud Event.
+just a simple HTTP GET/POST request. The invoked user function can be
+`async` but that is not required.
 
-The invoked user function can be `async` but that is not required.
+## Function Signatures
 
-### CLI
+This module supports two different function signatures: HTTP or CloudEvents. In the type definitions below, we use TypeScript to express interfaces and types, but this module is usable from JavaScript as well.
+
+### HTTP Functions
+
+The HTTP function signature is the simplest. It is invoked for every HTTP request that does not contain a CloudEvent.
+
+```typescript
+interface HTTPFunction {
+  (context: Context, body?: IncomingBody): HTTPFunctionReturn;
+}
+```
+
+Where the `IncomingBody` is either a string, a Buffer, a JavaScript object, or undefined, depending on what was supplied in the HTTP POST message body. The `HTTTPFunctionReturn` type is defined as:
+
+```typescript
+type HTTPFunctionReturn = Promise<StructuredReturn> | StructuredReturn | ResponseBody | void;
+```
+
+Where the `StructuredReturn` is a JavaScript object with the following properties:
+
+```typescript
+interface StructuredReturn {
+  statusCode?: number;
+  headers?: Record<string, string>;
+  body?: ResponseBody;
+}
+```
+
+If the function returns a `StructuredReturn` object, then the `statusCode` and `headers` properties are used to construct the HTTP response. If the `body` property is present, it is used as the response body. If the function returns `void` or `undefined`, then the response body is empty.
+
+The `ResponseBody` is either a string, a JavaScript object, or a Buffer. JavaScript objects will be serialized as JSON. Buffers will be sent as binary data.
+
+### CloudEvent Functions
+
+CloudEvent functions are used in environments where the incoming HTTP request is a CloudEvent. The function signature is:
+
+```typescript
+interface CloudEventFunction {
+  (context: Context, event: CloudEvent): CloudEventFunctionReturn;
+}
+```
+
+Where the return type is defined as:
+
+```typescript
+type CloudEventFunctionReturn = Promise<CloudEvent> | CloudEvent | HTTPFunctionReturn;
+```
+
+The function return type can be anything that a simple HTTP function can return or a CloudEvent. Whatever is returned, it will be sent back to the caller as a response.
+
+## CLI
 
 The easiest way to get started is to use the CLI. You can call it
 with the path to any JavaScript file which has a default export that
@@ -37,6 +88,9 @@ function handle(context) {
 module.exports = handle;
 ```
 
+Additionally, if your JavaScript file exports more than a single function,
+an exported `handle` function will be invoked.
+
 You can expose this function as an HTTP endpoint at `localhost:8080`
 with the CLI.
 
@@ -44,9 +98,9 @@ with the CLI.
 npx faas-js-runtime ./index.js
 ```
 
-### Usage
+## Usage as a Module
 
-In my current working directory, I have an `index.js` file like this.
+In the current working directory, there is an `index.js` file like this.
 
 ```js
 const { start } = require('faas-js-runtime');
@@ -57,10 +111,11 @@ const options = {
   logLevel: 'info'
 }
 
-// My function directory is in ./function-dir
+// The function directory is in ./function-dir
 start(require(`${__dirname}/function-dir/`), server => {
   // The server is now listening on localhost:8080
-  // and the function will be invoked for each HTTP
+  // and the function defined in `function-dir/index.js`
+  // will be invoked for each HTTP
   // request to this endpoint.
   console.log('Server listening');
 
@@ -74,7 +129,7 @@ like this.
 
 ```js
 module.exports = async function myFunction(context) {
-  const ret = 'This is a test function for Node.js FaaS. Success.';
+  const ret = 'This is a test for Node.js functions. Success.';
   return new Promise((resolve, reject) => {
     setTimeout(_ => {
       context.log.info('sending response to client')
@@ -104,15 +159,10 @@ $ curl -X POST -d '{"hello": "world"}' \
   -H'Ce-id: 1' \
   -H'Ce-source: cloud-event-example' \
   -H'Ce-type: dev.knative.example' \
-  -H'Ce-specversion: 0.2' \
+  -H'Ce-specversion: 1.0' \
   http://localhost:8080
 ```
 
 ### Sample
 
-You can see this in action, executing the function at `test/fixtures/async`
-by running `node hack/run.js`.
-
-### Tests
-
-Just run `npm test`.
+You can see this in action by running `node hack/run.js`.