What to do when your company misses payroll?
johnnyg: A business exists to make money. If it can't pay you, it isn't making money and either should not exist now or will not exist in the near future. There are rare exceptions, but the odds are so bad that I would not take the chance or extend the trust.There aren't enough specifics in your write up to know for sure what to do. However, either you hold equity or you do not and that should be a major factor.If you are an equity holder in this company and it is a funding issue, not a core business issue, I would stay and see it through. Sometimes you can cut way back on the leverage and nurture the core profit with the equity holders you have.If you are an employee, exit as diplomatically and respectfully as you can. Why? You made an agreement with your company to trade services for pay. They have defaulted. It sounds like they have done so without a heads up. This shows a lack of integrity on the part of management and is even more troubling than the cash.There are things in the world that can blind side a good management team - abrupt law changes, competitor introduces game changing technology, key team member leaving, etc. However, pay roll is a cash flow issue and one management teams can look ahead and predict.If a management team can't predict, process and pay payroll, how well can they execute on the things that make your business money?If they can execute on payroll but have chosen not to, or to not tell you, are they people that you should throw your lot in with?