In this episode of The New F*Word, host Colin Hewitt is joined by Clayton Coke, Founder and Managing Director of PRMS, to share his insights on ethical debt collection, prevention strategies, and how businesses can protect themselves from bad debt while maintaining positive customer relationships.

What You’ll Learn:

* How to implement ethical debt recovery practices that preserve business relationships

* The Three Buckets Framework for categorizing debtors

* Why conducting proper due diligence before extending credit can prevent major financial headaches

* How to use Companies House effectively to assess potential clients’ creditworthiness

* Why setting appropriate credit limits is crucial for business survival, and how to determine them

* How fractional CFOs can help create robust systems for debt prevention and collection

Clayton Coke is the Founder and Managing Director of PRMS, the UK’s leading provider of Ethical Debt Recovery and Business Debt Prevention training. Clayton has spent over 20 years helping SMEs and professional services businesses protect themselves from bad debt, recover outstanding invoices, and improve cash flow management. Clayton is also the Creator and Host of The Cashflow Show Podcast.

In this episode of The New F*Word, host Colin Hewitt is joined by Peter Turner, CEO of ConnexionCFO, to share his unique approach to fractional CFO services, why traditional CFO models are being disrupted, and how his innovative equity-sharing model attracts world-class CFOs.

What You’ll Learn:

* How world-class CFOs differentiate themselves through storytelling and strategic repositioning

* Why the best fractional CFOs focus on business opportunities rather than just solving current problems

* The game-changing equity-sharing model that enables CFO collaboration and long-term engagement

* How to structure a high-performing finance function beyond just the CFO role

* Why market opportunity, product strategy, and go-to-market approach are crucial focus areas for modern CFOs

* The transformative impact of having the right CFO

* How to effectively work with ADHD founders through structured financial leadership

Peter Turner is the CEO of ConnexionCFO, a pioneering fractional CFO firm that’s revolutionizing how high-caliber financial leadership is delivered to scaling businesses. With 17 years of industry experience and a background as a qualified accountant and CFO, Peter has facilitated the placement of CFOs in over 700 scaling businesses. He’s known for developing an innovative equity-sharing model that allows top-tier CFOs to collaborate and share in their clients’ success. Having founded and successfully sold his own technology company to Experian in 2021, Peter brings unique insights into the evolving role of fractional CFOs, particularly in helping ambitious founders achieve significant growth and successful exits.

In this Greatest Hits episode of The New F*Word Podcast, I revisit my conversation with Elliott Gaspar, Founder of Ox Consult and a hands-on advocate for redefining what it means to be a Fractional CFO.

Elliott shares how his journey, from scaling startups to raising $600M in funding, shaped his perspective on finance as a true value driver rather than just a cost center. We dive into the different types of fractional CFOs emerging in the market, why the industry is still in its early days, and how he’s pioneering a model rooted in problem-solving, practical systems, and trusted founder relationships.

From navigating the “edge of chaos” in high-growth startups to leveraging AI for smarter bookkeeping, Elliott gives a candid look at the challenges and opportunities shaping this fast-growing field.

🔑 You’ll discover:

* The three types of Fractional CFOs and why the hands-on builder stands apart

* Why finance should be seen as a value driver, not a cost center

* Common mistakes founders make when approaching startup finance

* How AI is transforming bookkeeping and decision-making

* The power of community and collaboration in scaling a fractional practice

* Elliott’s personal journey from dyslexia to redefining success in both finance and family life

Elliott’s story shines a light on the future of fractional finance: flexible, tech-enabled, and deeply human.