While working for an accountant, Hurley was surprised when the accountant would do the books and file the tax return without taking the time to educate or offer tips for improvement.
Why a Business GP?
What is a Fractional CFO?
Hurley noticed many similarities between the medical and business world including a growing divide between the “working man” and these professionals, lots of paperwork and bureaucracy and an inability to communicate with and educate clients properly. A glaring difference between the two was the medical world offered a general practitioner and the business world did not. Hurley knew from personal experience just how helpful a GP was in the medical world and was beginning to understand how critically this was needed in the business world.After spending months talking with both sides, business professionals and creative business owners, Hurley put together a solution – A fractional CFO that acted as a Business GP
Adapting the benefits of a Medical GP for the business world
According to a quick online search a GP is a doctor that has a wide range of medical and surgical knowledge and cares for a diverse range of patients.
As a business GP we have a wide range of business and financial knowledge and work with a diverse range of clients.
A medical GP focuses on preventative medicine as well as caring for acute and chronic conditions as they arise. They will refer their patients for specialist management when required and will communicate with the various specialists involved to ensure optimal patient care.
At Fox & Partners we focus on working with our clients to put a good foundation in place similar to preventative medicine practices. We also handle and solve more acute/critical issues as well and bring on any professionals that are needed to handle these items, such as a business purchase, a breakup between business partners, a liquidity event or tax return issues.
A Medical GP should be the first port of call if there are any medical problems or questions that need answering. Ideally a GP should coordinate the overall medical care of their patients.
Fox & Partners is always the first point of communication for all of our client’s business concerns and, as our org chart demonstrates, we coordinate the overall business care for our clients.
Similarly,
fractional CFO services
offer a unique blend of financial expertise and strategic support to organizations, on a part-time, retainer, or contractual basis. What distinguishes and
makes them similar to a General Practitioner in the medical world is their ability to go beyond the realm of bookkeeping. They accomplish this by communicating and educating clients properly so that they can make informed decisions that help their business grow and remain healthy.
Comparable to a business general practitioner (GP) in the medical world,
fractional CFO
companies
offer comprehensive services that address any type of financial challenge. Providing
flexible and scalable financial assistance that ensures that organizations have the dynamic
support needed to navigate the financial landscapes of today efficient.
This is so helpful in the medical world because it feels good to have someone to talk to, who we trust, who doesn’t cost too much and who works with us through every medical issue. After working with a handful of clients it was clear that fractional CFO consulting had similar positive impacts in the business world.
What Our Clients Have to Say
