CFO Services
In the early stages of the drug development/ medical device, companies don’t earn revenues, thus reducing the role of a financial controller. Hence the CEOs of these companies require CFOs that are actually strategic – that bring analytical mindset and assist them in answering several questions that creates value in the short/long term:
- · How can we manage the uncertainties that our clients face in the future – financial, clinical, strategic etc.
- · How much cash we are burning every month and when we should start exploring for the funding options?
- · All our peers are taking soft loans, should we also take it? Are we in the life cycle where we can accumulate lot of debts and hence avoid dilution of our shareholders?