This content was created by Mike Andes. This content was uploaded by Mike Andes. This is a YouTube video titled "$1.2M Business but Employees Aren’t Getting Paid?!" containing a conversation recorded on March 25, 2025, involving multiple speakers including Mike Andes. The discussion revolves around financial challenges faced by a business, including high expenses, being in the red, and issues with payroll.
What are you paying for this? It's expensive. It's like 15 grand a month. Fifteen a month? Yeah. Is there like a year lease on this thing or what do they require? It's three. These are the girls offices. My wife's here. I did not know. She snuck in.
We're so in the red this year or whatnot. But then on paper, you see, oh, they hit 1.2 million. Like, they can't be that far in the red. Well, a lot of stuff goes on behind the scenes. Like, yeah, we are.
We have guys that literally can't get gas right now. So, like.
They are incapable or they.
Don'T have a life. Hey, cars are not working. I'll put it on my personal car trucks for now. Okay. All right, I'll get you cash this evening. Bye. He's buying gas for one of the trucks right now in his personal garden.
We need to basically get at least $200,000 a month, in my opinion, to cover fixed expenses and run a profit.
We're already technically not making payrolls because me and my wife aren't getting paid. It's bad. It's. It's grim. You don't have a business if people don't get paid. I couldn't believe you get the central to Charlotte. Yeah, yeah, yeah.