Frequently Asked Questions

Why do I need a part time CFO?

There are many reasons that your organization may need the help of a part time CFO like us. We solve a range of problems for businesses such as:

Cash is like oxygen for a business. Without excess funds at the end of each month, your organization will never grow to reach its full potential. We help you to find ways to improve your cash flow and, by extension, grant you peace of mind.

You need a clear, current picture of your organization as it stands right now in order to find ways to improve. We’ll organize the financial data you have right now into easily understood, helpful reports.

Even if you have accurate reports, you need the right accounting and bookkeeping processes to ensure that your data is always current. We’ll find the right processes that are tailored to your specific business needs and will help you maintain clean and reliable books.

Every business needs a roadmap. With the information we get from the reliable financials we set up, we help you set short-term and long-term goals and strategies that will keep your business on the right track towards growth and eventual financial freedom for you – the business owner.

 

  • All of the above can lead to high stress, which is not good for you or your organization. Our goal is always to take pressure and anxiety off of your plate so that you can do what you do best. We can handle the rest. That’s why we refer to ourselves as a “true partner for your business.”

Cash is like oxygen for a business. Without excess funds at the end of each month, your organization will never grow to reach its full potential. We help you to find ways to improve your cash flow and, by extension, grant you peace of mind.

If the answer to any of these questions is yes, that is why you need a Business General Practitioner.

Do you have a business plan? Do you have excellent systems and structures in place? Are you scale-able? Are you able to work remotely? Is your business malleable?

If the answer to any of these questions is no, that is why you need a Business General Practitioner.

If you are still not convinced, schedule an intro meeting.

We are teachers first, business professionals second. Instead of an individual, businesses get an entire team, custom built for their business. To truly discover why businesses choose us, give us a call. Still not convinced? Schedule an intro meeting
Many don’t realize that finance is like medicine. Just as you wouldn’t want to have your dentist operate on your heart, you don’t want to have your CPA helping you with every aspect of your business, such as business planning. Similar to medicine, having a group of highly talented and specialized professionals with a general practitioner coordinating all of your needs is ideal. Schedule an intro meeting
Each relationship is different. For some clients, we meet weekly to go over personal and business finances, review the business plan, and answer any & all questions. For other clients, after we have set them up to run their business remotely, it may just be a phone call and some emails each month. No business is quite the same, therefore our Business GP services are tailored to each specific client. To review an example client, view case studies of our past projects or to discuss how we may be able to help you specifically, give us a phone call today or schedule an intro meeting.

If you want to learn more about our methodology, check out our case studies or set up a call with us to discuss your specific needs. ​

Why choose Fox & Partners?

We are so much more than a traditional part time CFO. Fox & Partners makes it a priority to be a true partner for your business, meaning that our services go beyond cleaning up your financials. Our roots actually lie in education, which means that we not only provide useful, accurate financial reports, but we also teach you how to read and leverage the information in them. With every action we perform, we help you to gain a better understanding of your business and the steps you need to take in order to help it grow and thrive.

 

We also provide additional support, acting as a sounding board as you work through business challenges even if they are not directly related to your bottom line. We’ve helped our clients with staffing issues, accounts receivable processes, personal finances, goals for personal growth, and beyond.

Please set up a call with us to find out more about how we can partner with your organization.

What does a relationship with Fox & Partners look like each month?

Two business people shaking hands

One of the things that is unique about Fox & Partners is that we do not have a rigid part time CFO methodology. In other words, we take a tailored approach to every client each month. For some, this means weekly calls to tackle whatever roadblocks are in their way at the moment. For others, we transition from those more frequent calls to monthly check-in conversations to ensure that everything is running smoothly.

While every case is different, we can tell you that we never lock our clients into contracts and we do not charge an hourly fee. We earn our keep each month, ensuring that we are always providing value to you and your organization for as long as the partnership lasts.

Find out more in an introductory call with us.

How long will it take to see results from Fox & Partners?

Again, every case is different, but we do have an ideal timeline we like to work from in the beginning of our relationships.
Action items for a part time CFO include:
  • Organizing financial information
  • Creating reports and processes
  • Identifying problems to solve
  • Implementing (and constantly updating) the right strategy
If a client provides all of the documentation and resources in a timely manner, we can start to see movement in just a few months. We do, however, advize that clients anticipate up to a year to see solid ROI and clear impact. This kind of transformation takes patience and dedicated effort, but it will pay off down the line.   Learn more in an introductory conversation with us.

You say that you operate as a “Business GP.” What does that mean?

We often like to say that our methodology is similar to that of a general practitioner. Just as your doctor would, we conduct “tests” on your financials to evaluate the overall “health” of your business. We help you to understand our findings (or, the “test results”) so that we can decide on the best ways to move forward and “treat” the problem areas in your business. We like to form reliable, long-standing relationships with our clients, just like a good doctor does with their patients. We’ll even refer you to “specialists” who are experts in their fields who can help you with any additional problems you may be having.

 

Want to learn more about our approach? Set up a call with us to discuss your specific needs.

Let’s Work Together

With a wide range of knowledge, including finance, marketing and vision building and an ability to bring-in and communicate with various specialists to ensure optimal care, Fox and Partners is uniquely suited to bring to the business world what the medical world has had for decades – a warm first point of contact, a professional with a breadth of knowledge and coordination for all of your business and financial needs.