14th September 2010 - Cornerstone Sets Sights On £3.5m In Two Years

A Stockton-based business solutions company which has more than doubled in size and won scores of industry awards in its first two years has now set its sights on hitting a £3.5m turnover by 2012.

Cornerstone Business Solutions - which was founded by Chris Petty in June 2008 - is predicting a 50pc increase on last year’s £500,000 turnover to £1m. The firm is developing an ambitious growth strategy that will see it create up to eight jobs and become one of the leading suppliers of business critical systems across the UK.

The current workforce of 10 will be reinforced with more engineers and administrative support staff.

Through a number of strategic partnerships and sub-contracting deals – details of which cannot be disclosed at this stage – Cornerstone’s turnover is set to grow to a staggering £3.5m in the next two and a half years and will see the company’s client spread go UK wide.

Mr Petty, who was crowned the 2011 Face of Entrepreneurship for Middlesbrough in the Entrepreneurs' Forum's 'If We Can You Can' campaign was determined to create a company which specialises in helping other businesses work smarter.

He says he has always put customer service and support at the forefront of Cornerstone’s offering – something he thinks is setting the business apart from the competition: “We are delighted with how Cornerstone has evolved in the last two years – it’s been something of a whirlwind with the reception we’ve received from the marketplace and of course all the award nominations and wins.

“However, we know good businesses are built on providing sustainable and consistent service and we are delighted our model works so well – so much so that our client base has grown to more than 100 companies now.

“We are in the final stages of talks with two major players which will see Cornerstone achieve even more aggressive growth over the next two years – we’ve got an excellent team on board and we just can’t wait to move on to the next stage.”

Cornerstone – which has recently moved from small, shared office premises to the prestigious MAP House at Preston Farm Industrial Estate, now employs 10 staff and boasts an enviable client list including Virgin Vie, The Map Group UK, Coors and Middlesbrough Football Club.

The company partners with global technology brands such as IBM, Lenovo, Microsoft, Cisco, Mitel and BT - to provide robust and reliable support for business critical systems.

For more information about CBS and the benefit it can provide to businesses please visit www.cornerstonebs.co.uk¹ or call 0845 2232400.