"Ford, Ferrari, Porsche, Marantz are still in business. The founders are long gone." So is ARC.
You need to play it smart like Bill Johnson has. Selling the company 2-3 years before passing away although it should not considered as a "one man operation" before Bill sold ARC. ARC will be around for many years to come i am sure.
I anticipate 2 more will be folding shortly. Benz and VDH as both owners/designers are getting up in age. Too many one man operation business have no succession plan. No sons or daughters interested in continuing the legacy. The owner/designer dies, the company folds.
ARC is an exception and so will VPI as son Matt will take over from Harry eventually. I'm sure there will be others.......i hope.
You need to play it smart like Bill Johnson has. Selling the company 2-3 years before passing away although it should not considered as a "one man operation" before Bill sold ARC. ARC will be around for many years to come i am sure.
I anticipate 2 more will be folding shortly. Benz and VDH as both owners/designers are getting up in age. Too many one man operation business have no succession plan. No sons or daughters interested in continuing the legacy. The owner/designer dies, the company folds.
ARC is an exception and so will VPI as son Matt will take over from Harry eventually. I'm sure there will be others.......i hope.