Tenon boss Andy Raynor has put his faith in the opportunism of British
business owners to ride out a predicted economic downturn.
‘Entrepreneurs scrap. They are tough. They will probably view a downturn as
much as an opportunity to increase performance,’ he told
The firm, which has less than £20m of debt, focuses on the entrepeneurial
market to generate the bulk of its revenues. Raynor is curently spearheading
Tenon’s ambitious push to become a £250m turnover business by 2012.
Tenon had sales of £137.5m and profits before tax of £12.4m in the year to
June 2007. Brokers at Numis forecast an increase in pre-tax profits to £14.2m
Revenue and profitability growth in on the rise for CPA firms, found a survey from the American Institute of CPA’s and its subsidiary CPA.com
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Carter Backer Winter has acquired Edwards Financial Services, expanding its financial planning department
New growth opportunities in Aberdeen, North East Scotland, are being invested in by Grant Thornton