CPA firm knows what startups need

CEO (or equivalent): Jeff Allain, president

2015 Revenue: $679,259

2013 Revenue: $208,781

Revenue growth: 225%

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Pawtucket-based New Economy CPA helps entrepreneurs reach their fullest potential.

Founding Partner and President Jeff Allain believes employees fulfill the company’s vision of financial expertise and go out of their way to serve its core market.

“They are working with [more than] 100 clients in 12 different states,” said Allain, from startups to mature companies.

In just three years, New Economy has gone from a startup – like its clients – to 10 employees, with offices in Rhode Island, Boston and New York City, and nearly $1 million in revenue.

Using web-based programs to assist clients outside the company’s core locations – and not billing by the hour – this institution is not only accessible, but affordable.

“Typically startups and entrepreneurs are unable to afford access to highly specialized individuals,” stated Allain. “New Economy has allowed for this option by providing expertise on a fractional basis, which allows for companies to tap into as much or as little help as they need and when they need it.”

New Economy works to understand clients’ needs, and charges based on perceived value given, aligning the New Economy’s incentives and creating strong relationships, according to Allain.

With clients near and far, New Economy aims to use new technology and affordable services to give entrepreneurs all the tools they need to become successful. •

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