The mushrooming of the startup ecosystem has generated specialized service providers which fit the requirement of startups. Virtual CFO is one such specialized service provider. Startups normally do not have the resources to hire a full-time CFO. Startups like to keep fixed costs low and having outsourced service provider provides them with the flexibility of choosing services as and when required. A Virtual CFO provides strategic, value add services to a startup which cannot be provided by an accountant.In the United States, VCFO services are typically used by small to medium businesses with annual sales in excess of $1 million.
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