But can a start-up afford a full time CFO?

A CFO is an expensive resource. So obviously start-ups can’t hire a full time CFO. But they can opt for fractional or virtual CFO services like Prudent Virtual CFO. A virtual CFO Service is cost effective and many start-ups take advantage of it.

Why does a start-up need a CFO?

A CFO brings expertise in financial planning, analysis, and strategy. These are of extreme importance in fund raising for a start-up.

But even more important, a CFO can help a start-up on every step of their journey. From registering the business to establishing financial discipline in the company. A good CFO Service like Prudent CFO helps you be prepared for due-diligence, assists you in creating business plans and pitch decks. Also helps you in acquiring IPR and good talent.