If you can't make payroll, stop staring at the ceiling in your bedroom and feeling so alone, while you plan how to fire your expensive first hire.
Hold a company meeting, put the accounts up on the wall, explain that you have almost no money left and the company is about to go broke. Be willing to consider ideas, but don't string people along so you can postpone pulling the plug on them. It's possible that your employees (individually or collectively) will come up with solutions that you can't; your lack of transparency about the firm's health may be part of your problem.
Hold a company meeting, put the accounts up on the wall, explain that you have almost no money left and the company is about to go broke. Be willing to consider ideas, but don't string people along so you can postpone pulling the plug on them. It's possible that your employees (individually or collectively) will come up with solutions that you can't; your lack of transparency about the firm's health may be part of your problem.