Helping you make smart bankruptcy decisions

What are signs that a company is going bankrupt?

I keep seeing signs like not paying til 3 days after, no real good benefits, 1 sick day, not getting new software. My boss said he was going to make changes and it would benefit the people who stick with him. A friend of his told me that he does not have much money any more. He keeps telling us there is a lot of work but it is not being given out by anyone. He seems to be out of the office a lot and doesn't do much to change the situation. What the hell is going on here? The one good thing about this is that he is very flexible, I have been missing a lot of days on purpose but he does not fire me. It is not because of affirmative action because there are many asians here already. Please help!!

He sounds like a poor business man and poor businessmen run poor businesses.