My boss today just told me he had to choose between pay roll and a debt from a Net 30 order…
I knew he was living off credit, I just didn't think it would happen so quickly…
I told him “I can't afford a late pay check”. He seemed grumpy and was passive aggressive and moody about having to have the dilemma to begin with, and I had to hold my tongue. I really wanted to say “that's business and you screwed it up”.
Oh, and he was trying to low-key blame staff for sales, customer turnover, etc. I really didn't appreciate hearing that in the same breath of he can barely make payroll on time…
Red flags that have been piling up since I started are massive over-ordering, import goods not even priced at double wholesale… and I heard he has taken out a massive loan against the shop already. It is only 5 months old!!!
I've been chalking it up to my boss' eccentricities , but after this morning I feel I need to jump ship. I feel massively guilty though because he depends on me, and is including me in his grand scheme of things for the future… but I feel like now they are delusions of grandeur…