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Thank you for the insight. I did have that discussion already and was told not to worry about it, we just need to "tighten up." I was told I needed to change some billing practices, which I thought was a deflection. There weren't really any substantive solutions other than "make more money and pay more money to the IRS."
IMO, these responses are a red flag:
1) "Don't worry about it" sounds like he is not worrying about it - and wants you to do likewise. (Maybe there is nothing to worry about, but, he doesn't sound concerned about your concerns)
2) "A NEED to tighten-up" and/or "change some billing practices" says action is still pending
3) "Make more money and pay more money to the IRS" is an end-game, not a viable plan and substantive action to address and resolve the problem. The IRS will not settle for a brush-off if it comes to that.
Have you seen any indication that other employees or top management are getting antsy? -- As others have suggested, it is probably time to firm-up your other offer along with a future growth path (Do not simply change jobs without having some type of performance-based financial and position growth path established going in). Then, if you are willing to negotiate with your current owner, tell him you are planning on leaving and why (also mentioning that you feel your contribution to the company growth has been undervalued). If you are not willing to negotiate, you should still leave on as good terms as possible.
IMO, these responses are a red flag:
1) "Don't worry about it" sounds like he is not worrying about it - and wants you to do likewise. (Maybe there is nothing to worry about, but, he doesn't sound concerned about your concerns)
2) "A NEED to tighten-up" and/or "change some billing practices" says action is still pending
3) "Make more money and pay more money to the IRS" is an end-game, not a viable plan and substantive action to address and resolve the problem. The IRS will not settle for a brush-off if it comes to that.
Have you seen any indication that other employees or top management are getting antsy? -- As others have suggested, it is probably time to firm-up your other offer along with a future growth path (Do not simply change jobs without having some type of performance-based financial and position growth path established going in). Then, if you are willing to negotiate with your current owner, tell him you are planning on leaving and why (also mentioning that you feel your contribution to the company growth has been undervalued). If you are not willing to negotiate, you should still leave on as good terms as possible.
This is a small business, I am next at the top. Other employees have left recently. Not because of money but bad morale and being treated poorly.
I cannot digest and analyze each of the above postings but I would like to call your attention to a comment about the employer purchasing a new, expensive home. I don't know what the laws are in the state where this home is located but think back to the actions of ENRON executives who built/purchased mansions in Florida. The reason why they did this is that Florida laws protect a primary residence from litigation, even bankruptcy. Withdrawing money from the business and investing it in a residence may be a technique to protect capital.
I worked for someone who was in a similar position once - as a bookkeeper! I had no idea when I was hired. It was a part time job and I was broke, but I did have other income to fall back on. I almost quit immediately but decided to stick it out. I ended up being there 4 years.
He was way behind on his taxes and had used credit cards to keep the business afloat. The difference was that he did not take a paycheck at all, his wife worked and was able to afford the mortgage and he really busted his butt to get the business afloat again. If you don't feel any of these things are happening, you should leave, especially if you have a good offer in hand. Good luck!
I worked for someone who was in a similar position once - as a bookkeeper! I had no idea when I was hired. It was a part time job and I was broke, but I did have other income to fall back on. I almost quit immediately but decided to stick it out. I ended up being there 4 years.
He was way behind on his taxes and had used credit cards to keep the business afloat. The difference was that he did not take a paycheck at all, his wife worked and was able to afford the mortgage and he really busted his butt to get the business afloat again. If you don't feel any of these things are happening, you should leave, especially if you have a good offer in hand. Good luck!
Well he's still taking a huge paycheck and his wife doesn't work.
OP, Contact the corp who made the offer. With no further procrastination.
Got ya. I will.
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