How Virtual CFOs Are Driving New-Age Startup Finance Operations
India, Nov. 30 -- No matter how young or old a business is, and whether it is a startup or an enterprise, financial planning is proving the key to long-term business stability. If anything, 2020 has proven that financial planning and having a roadmap are crucial to dodge unprecedented economic impacts. While enterprises have the luxury and the capital to spend on finance leaders, the same cannot be said for startups, who - at least in the early stages - are primarily geared for product development and technology.
Most startups only consider financial planning after they have raised funds or when they are in the process of raising funds. While large organisations have full-time CFOs on payroll, it is not feasible for startups to spend in ...
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