Virtual CFO Services

What is a Virtual CFO?

A Virtual CFO for startups offers expert financial support remotely, skillfully assisting businesses with financial strategy, budgeting, and problem-solving. They proactively help improve cash flow, secure funds, streamline operations, and plan for growth. By leveraging Virtual CFO Services, companies can conveniently access exceptional financial guidance without the cost of a full-time in-house CFO.

The Virtual CFO Services we offer to Startups:

The Virtual CFO for startups is crucial in their early stages and can help them get a better understanding of their financial situation, allowing them to make informed decisions. Here are some of the key services that we provide to Startups:


Accounting and Finalization - to handle all accounting functions and prepare final accounts to summarize financial performance.
Management Information System and Analytics - offer real-time financial insights to track performance and identify trends.
Budgeting and Cash Flow Management - help startups manage cash flow and avoid potential financial disasters.
Effective Financial Planning - provide effective financial planning to allocate resources and meet financial goals.

Requirements to Apply for Virtual CFO Services:

  • Monthly Recurring Revenue of less than 10 Lakhs – Our focus is on assisting early-stage startups who cannot afford a full-time CFO.
  • Consistent Compliance Filing – The accounting, tax returns, GST returns, and any other compliance must already be managed.

How Virtual CFO Services Function:

  • Step 1 – Understanding Client Needs: Based on the client’s business dynamics, we determine the broader objectives and outcomes required for this outsourced accounting process.
  • Step 2 – Client Sign Up: A mandate is signed between LFS and the client that outlines our deliverables, commercials, and other clauses for reference.
  • Step 3 – Data Collection: The startup’s financial data is collected for further assessment.
  • Step 4 – Analysis: Regular calls are conducted with the founder to analyze and streamline the data.
  • Step 5 – Continuous Monitoring: Continuous support is provided to prevent the startup from making incorrect financial decisions.


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Early-stage startups with an MRR of up to 10 Lakhs and who maintain consistent compliance filing. Startups looking to improve operational efficiency or make better financial decisions would also benefit from LFS’s Virtual CFO services.


LFS has over 6 years of experience in raising funds, led by CA Devansh Lakhani who has helped over 10 startups secure funding.


A monthly retainer fee is charged as this service requires a monthly time allocation to the startup.

Enquire Now for more information.


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