In my experience, the first rule of business is to pay your lawyers, accountants and all your professional advisers well. Always pay well for the best advice because it ends up being cheaper in the long run.
Are you comfortably middle class? Being comfortably middle class used to mean never having to worry about your job being taken by a machine. The people whose livelihoods have been decimated by computer chips are those that did society's heavy lifting.
On the face of it the debacle arose from particular circumstances, not least the exquisite embarrassment of a top seven national auditor by revenue failing to audit itself properly whilst embarking on the sort of giddy, risky buying splurge its clients generally avoid.
I really envy Accountants. Clever kids who do well at school, they understand maths, they study economics and business, they work hard and qualify as Accountants. When they search for a new job they look up the 'Positions Available' under 'A' for Accountant.
As the rate of technological innovation accelerates, we are not only seeing a new generation of digitally enabled, entrepreneurial businesses emerge, but likewise, traditional industries are being disrupted and existing small and medium businesses are being given a renewed competitive advantage.