- but all viewpoints of interest nonetheless 
I have an opportunity to set up a business that would close another firm (not mine) within the next month or so - and would put a few people out of a job. I won't be taking them on myself as a) they are not good enough (proof being the state of there firm
) and b) I have a different business model that won't need any full time staff (the secret is in the management process - they don't have any 
) The firm simply too far gone to be worth rescuing (not worth it to me that is - in theory they should be able themselves (and staff / management should be move motivated than me as well), but they lack the skills. or gumption)......benefit to me is I take a competitor off the market ASAP (even a bad competitor is a competitor), and can grab some customers in exchange for some cash and a few other minor side benefits from being seen as successor to the dead firm. For my purposes this is the ideal scenario.The alternative is that I set up the new business anyway and then compete the other firm into bankruptcy. the existing firm will close sooner or later - I have seen there books (from the good old fashioned running out of cash scenario
).....and I would have a fair to good chance of picking up a chunk of their customers.....but it would be more work overall for me and not as conveniant. But for the staff likely a few more months of work, even though the price will be that other suppliers (not me!) will likely lose out when the firm goes broke. But of course whilst that firm is around there is always the chance that someone else might invest in it. Good for the staff - not for me.To my mind it seems a simple choice - f#ck the rival firm over as hard and fast as I can. and let the staff worry about themselves - after all, they be the ones who got themselves into this mess.
But I have had divergent opinions on this
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