On March 20, economic research and consulting firm ITR Economics Partners announced a new partnership with FocusCFO, a provider of embedded fractional CFO services for a wide range of small and medium-sized businesses in a variety of industries.

“I am very enthusiastic about this new partnership with ITR Economics,” said Michael Stier, Director of Marketing and Area President for the Carolinas at FocusCFO. “Our clients will greatly benefit from incorporating a greater understanding of economic trends and events from ITR Economics with our customized financial guidance, resulting in a degree of informed planning and decision making not previously available to owners and executives of SMBs. We fully expect the result of this partnership will be far better outcomes for clients.”

In its announcement, ITR Economics called FocusCFO “a natural fit.” FocusCFO’s financial expertise is expected to pair with ITR Economics’ accurate sales and industry forecasting, according to the announcement.

According to ITR Economics, partnership goals include:

• Increasing understanding of economic events impacting business’s financial performance.
• Educating SMBs on financial trends to provide clarity and guidance for executives.
• Actionable advice from the team of expert economists and chief financial officers’ perspectives.

“I’ve been working closely with FocusCFO to bring this partnership to life,” said Kimberly Clark, Vice President of Sales and Marketing at ITR Economics. “We share the same vision of helping as many businesses as we can grow stronger through accurate, actionable insights derived from what may appear to be ‘simply data.’ In essence, we are data translators who both help executives make sense of the trends and support them using reliable foresight of what is to come. We are committed to providing the best information to those who work with us, and this common goal will only help strengthen the position of those who follow both our organizations.”

ITR Economics is led by CEO & Principal Brian Beaulieu and President & Principal Alan Beaulieu. Click here to read MDM’s recap of Alan Beaulieu’s recent NAW Executive Summit presentation.