Great to see a former client, Supertex Furnishing starting on a new journey as part of the Headlam Group.

In business, Cash has always been King, but in the last few months Cash has become more of an Emperor effectively ruling over more than one kingdom!

The concept of an antifragile business put forward by Nassim Taleb in his book Antifragile is of particular relevance in the Covid 19 world. According to the Sunday Times review of the book ‘Something antifragile actively thrives under the impact of the unexpected...’. How important is that concept in the Covid 19 world.

What does Wikipedia have to say about Virtual CFOs?

For some time, I have been convinced that the majority of the Part Time FD services which I provide to ambitious entrepreneurial businesses can largely be provided on a remote or virtual basis.

The Cloud Accounting Software providor Xero is a great proponent of the role of a Virtual CFO. They cite one of the main advantages as ‘ Having access to a Virtual CFO can be a big benefit for a small business.

With working from home destined to be the future for many teams for some time to come, traditional working practices and processes are being re-imagined at speed to adapt to the changing circumstances.

Way back in 2001, I considered a possible career as a Part Time FD. Six years later in 2007, I started out as a Part Time Finance Director. A few years after that I became known as a Portfolio FD. Now it seems I’m about to become a Fractional CFO

Rather than setting New Year resolutions, I choose a word for the year to live by; for 2020 that word was FLEXIBILITY.

Over the last couple of weeks, I have been impressed by the steps which my clients & other businesses have taken to adapt their businesses to cope with both the known and unknown impacts of the corona virus.

‘They don’t understand our business!’

‘When we’re having a tough time, where are they, when we need them most?’

‘Relationship Manager! Where’s the relationship, it’s one sided in their favour!’

"A bank is a place that will lend you money if you can prove that you don't need it"Bob Hope