New staff for growing Cramlington accountancy firm Graeme Tennick & Co

A Northumberland-based accountancy firm is going from strength to strength after taking on two new staff and expanding

Graeme Tennick and the accountancy team
Graeme Tennick and the accountancy team

A Northumberland-based accountancy firm is going from strength to strength after taking on two new staff and expanding after only two years in business.

Graeme Tennick & Co was set up in 2012 by Tennick, 31, at his home in Cramlington, Northumberland.

With a desire to run his own business from a young age, Tennick took a keen interest in the family business, A1 Industrial Trucks. However his career path took a different route after he studied for an accountancy degree while working at a small practice in Gateshead. After various senior finance positions with PriceWaterhouseCoopers and then for Northumberland County Council, Tennick set up his own practice.

Initially he worked with Business Northumberland, which runs workshops for start-ups.

Now Tennick has gained clients both nationally and internationally and the future is looking bright.

He said: “Working from home worked well for me in the beginning as I was able to keep the costs down and I only had a relatively modest number of clients.

He added: “As soon as I started working with more and more clients, I needed extra space and a move to local Apex Business Village allowed me the flexibility I needed for growth.”

Tennick, who initially invested £10,000 of personal savings in the firm, now hopes the business will achieve a regular year-on-year six-figure turnover. He is also keen to offer young people struggling to get into the accountancy business the chance of work experience.

He said: “I wouldn’t be where I am today if someone hadn’t given me a chance to prove myself, so helping others is something I strive to do in the future. It’s always good to give something back to the community in which you live.

“I’m hoping that the business will grow 100% over the next three years.”

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