I've just spent the best part of two days in London, in an underground bunker, trying to sort out a business in which I have an investment. Actually, that's not strictly true. I spent two days and most of two nights doing it.
The problem is a simple one. The guy who runs the business ( Mr. Interweb) is a brilliant IT and Interwebthingy bloke, but really rubbish at admin and recording things. So although lots of cash had come in, and not all of it gone out, there was no tie up between the figures. It was further complicated by the fact that he was due 25% for his expenses, and he took the 25% from the top line, rather than the cash received.
But it was all amicably sorted. He at least knew he was making a mess, and had the guts to ask for help. How many others in a similar situation would do this? People are too afraid nowadays about covering their backsides, when a simply " Sorry, I screwed up" would both enhance the perpetrators reputation for honestly, and cost less in the long run to sort out.
In the long run, this could be a highly profitable business, but at the moemnt its scale is too small for the overhead.
But its growing.
Anagram of the day: PLEASING TO MAN
Answer tomorrow. It was in the Telegraph Crossword on Friday, and - a clue - if I hadn't lived nearby I would never have got it.
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