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How does that kind of situation ever look good? Failure to make payroll means you no longer have a company.
by pmiller2 9y ago
How does that kind of situation ever look good? Failure to make payroll means you no longer have a company.
- ferentchak 9y agoI know of a company where the owner oftentimes bounced payroll checks (before common direct deposit) for years. Last I checked that company sells ~400 million dollars of goods at a solid margin and prints money while all of his competitors are going to dust. I am sure it's an uncommon story but in his case the hustle worked out for him. In short it doesn't look good but sometimes at least it works.