Strategy
Formulation
Normally entities do not have detailed strategy in place when they have begun the operations. They have a product line to build or an idea to develop. All these processes are fine at the initial stage but during the growth phase if strategy is not defined/documented, it can lead to multiple issues. Some of these strategies are defined in early growth stage and some during growth phase of business as the need arises.
A Virtual CFO supports in:
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Identifying the SWOT of Entrepreneur/Business
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Defining Core and Non-Core area (what to do and what not to do)
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Defining next 3-5 years Business Plan
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Developing, defining, and implementing Matrix
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Planning and implementing future organization structure
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Allocation of resources for next 3-5 years
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Creating an informal Board for all Strategic Decisions
