Articles
How E-Commerce Businesses Benefit From Virtual CFO Services
Without doubt, e-commerce in India is growing due to digital adoption, change in consumer preferences and behaviour, and logistical improvements. Conversely, e-commerce businesses suffer from financial setbacks exclusive to online mode businesses. Because of the low margins, they also have to face GST and TCS compliance, high customer acquisition costs, heavy working capital, frequent returns, […]
Read More
Role of Financial Accounting in Service-Based Businesses
The financial environment of service-based businesses is a completely different scenario compared to product-based organisations. Lacking physical inventory, revenue being frequently time-based, expertise-based, or entailing contracts, and the current costs being primarily human resource-based, the latter makes financial accounting a crucial sustainability and growth factor. In this regard, sound and properly formatted financial accounting is […]
Read More
Why Accurate Business Valuation Matters for Strategic Growth
Often, business valuation is considered as a fundraising, merger or exit activity. However, in reality, business valuation has a far more strategic function in the organisation. It helps the business make strong decisions, plan for sustainable growth, and allocate capital. Any business that wants to grow sustainably and efficiently must know the true value of […]
Read More
How Virtual CFO Services Are Redefining Business Strategy?
Business strategy has changed dramatically in the past few years. Due to the economic volatility and hyper competition in today’s operating environment, an organisational strategy can no longer be determined by one’s gut feel or past business performance. Financial intelligence, real-time insight, and disciplined execution are now a necessity of the function. The importance of […]
Read More
How Automation Consultants Stay Ahead of Technological Changes
The corporate environment is changing rapidly due to technology. Businesses are being altered by AI, RPA, low-code platforms, cloud computing and analytic capabilities. With the changing environment, business automation consultants help in deploying the right technologies, at the right time, to the right one. In order to deliver lasting and future value, automation consultants must, […]
Read More
Common Myths About Private Limited Company Registration
The enrollment of a private limited company is a big milestone for entrepreneurs in India. Although it is also one of the most desired types of businesses, it has remained a victim of misconceptions, which are believed to deter the formalisation of their businesses by founders. These myths can be based on old-fashioned information, fear […]
Read More
How Virtual CFO Services Can Reduce Costs and Boost Profitability
With competition and cost consciousness on the rise, organisations must control costs and drive. A lot of businesses understand they need senior financial leadership, but the full-time appointment of Chief Financial Officer (CFO) is impractical and costly. Opting for a Virtual CFO can be beneficial. Starters’ CFO brings you a virtual CFO service that concentrates […]
Read More
How Virtual CFO Services Facilitate Business Scalability
The way Virtual CFO Services encourages scaling in business One of the most important goals of growing businesses is scalability. Usually, when people consider expansion, venturing into new markets, or more revenue sources, it can be noted that scaling demands much more than ambition. In the absence of robust financial leadership, expansion may subject businesses […]
Read More
Accounting and Bookkeeping Services for Startups and Entrepreneurs
In the case of startups and entrepreneurs, financial management is also crucial as creating a great product or finding people to buy it. However, accounting and bookkeeping are considered rather an afterthought during a start-up business. This strategy may create problems in cash flow, risk of compliance and lack of proper decision making. The financial […]
Read More
CFO Outsourcing for Mid-Sized Business Growth
Financial management is an ever-complicated concept as businesses develop beyond the initial stages of operations into larger organisations. Growth brings increased revenues along with greater challenges such as multi-department budgeting, working capital pressures, regulatory compliance, and strategic investment decisions. At this stage, many mid-tier businesses find that the support of a professional accountant is no […]
Read More