Going Down With The Ship

I took a job 5 years ago in finance for a cleaning company. It’s a small operation with a few offices around the country.

When I first started, this company was in a lot of debt. Five years later they have not improved one bit. Their offices are disaster zones, disgustingly dirty and unkempt. Parking lots never maintained in winter. Lights blown out with hot wires hanging down. Rodent infestations. You get the idea.

They are millions in debt with their suppliers and will lie to them constantly about when they will pay them. The suppliers caught on and basically stopped all credit and business. Of course management freaks out saying how they’re ruining their business and how they’ll take their business elsewhere if they don’t continue financing their cleaning supplies. LOLZ.

They’re at the point where they can’t afford to pay all of their employees. The kicker is that they refuse to cut any expenses. They think they can just keep on going by paying everything late, and think the next big sale will save everything.

The owner has setup a network of LLCs and Corporations and thinks her personal assets are safe from the business. Meanwhile she is hundreds of thousands in debt with the IRS and doesn’t seem to think it is a big deal. She doesn’t know that if the business tanks (very close to doing so) she will lose everything she owns in addition to the business.

How do you even approach something like this? The job is good but it’s hard watching a company sink themselves and refuse to do anything about it. The owner ignores all advice from Finance and she is a very difficult person to work with.

Do you stay on until the very end or ditch ASAP?

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Going Down With The Ship Going Down With The Ship Reviewed by Louhi on novembre 19, 2018 Rating: 5

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