Ted Clark

 We talk about the challenges of owning a family business and how common these types of feuds are with Boston Business Journal reporter Grant Welker and Ted Clark, Director of the Northeastern University Center for Family Business.

“It’s right out of Machiavelli’s ‘The Prince,’ ” said Ted Clark, who heads the Center for Family Business at Northeastern University in Boston. ‘‘One of the princes was getting out of control and he had to be dealt with.”

“James is going to be under a microscope, and everyone will be comparing him to a legend,” said Ted Clark, executive director of the Center for Family Business at Northeastern University. “It’s going to be really hard to measure up.”

A car cleaning company, a supermarket group serving the Hispanic community and an electrical contractor took top honors Wednesday night in Northeastern University’s annual family business awards. As in many business competitions, judges looked at areas such as innovation and positive community impact. In a departure from the usual criteria, the panel assembled by the […]

The survey found family-owned businesses with solid, formal succession plans are scarce. Nearly 75 percent said they do not have a documented succession plan in place for senior roles in the company, PwC said. This maybe because many businesses think succession plans are a long, drawn-out process, said Ted Clark, executive director of the Northeastern […]

Almost all American farms are still owned by families and slightly fewer, 87%, rely primarily on family labor. But family firms dominate other sectors too, like construction,manufacturing, and automobiles. “Run well, family businesses can be some of the best,” says Ted Clark of the Northeastern University Center for Family Businesses. “They invest for the long […]

Ted Clark, executive professor of entrepreneurship and innovation at Northeastern University, where he also serves as the director of the Center for Family Business, says that though Hibbert’s thriving Orange County locations prove that her business model works, she needs to keep in mind that Fashion Camp is a niche business. Therefore, Clark believes that […]