Sitting here waiting for life to get back to normal or at least whatever the new normal is, I find I have a lot of time to contemplate the response of small and medium sized businesses to the Covid-19 epidemic. What surprised me most was early on the SME’s were saying that they couldn’t meet their bills as they came due. In many ways this mirrored the response of many individuals who were living paycheque to paycheque. As soon as they lost their paycheque, they had no savings