What makes a business a ‘best place to work?’ Three award winners share their secrets

2018-11-06T11:56:03+00:00 October 22, 2018|PFBA, Success Stories|

What makes a business a ‘best place to work?’ Three award winners share their secrets It takes a workplace culture that inspires loyalty and enthusiasm among employees to be named one of the Best Places to Work by Prairie Business magazine. After nominations were received from more than 1,300 employees, 50 businesses in the upper [...]

Multigenerational auto business focuses on transition planning

2018-10-12T14:57:51+00:00 October 12, 2018|Awards, PFBA|

Multigenerational auto business focuses on transition planning When Black Hills-area drivers think Ford and Lincoln brands, the name McKie immediately comes to mind. The family-owned dealership McKie Ford Lincoln has served Rapid City and the surrounding area since 1979. There are two generations and three family members working in the business, which recently won the [...]

Century-old paper-supply business shares advice for staying current

2018-09-26T15:16:09+00:00 September 26, 2018|PFBA, Success Stories|

Century-old paper-supply business shares advice for staying current Cole Papers Inc. marks 100 years in business this year, and while its products have evolved with changing times, its ownership draws on a strong family-based foundation. President and CEO Chuck Perkins is married to Nancy, whose grandfather founded the business in 1918. He oversees a team [...]

Record project, new storefronts cap big year for third-generation family business

2018-09-10T12:05:22+00:00 September 10, 2018|PFBA, Success Stories|

Record project, new storefronts cap big year for third-generation family business When the Hard Rock Hotel & Casino opened this summer in the former Trump Taj Mahal, it represented more than a big resurgence for Atlantic City. The casino signage, feature walls and flooring inside the $500 million property also equal the largest project for [...]

From tacos to saunas, entrepreneurial family builds on business success

2018-08-20T11:29:13+00:00 August 20, 2018|PFBA, Success Stories|

From tacos to saunas, entrepreneurial family builds on business success If history repeats itself – as appears likely – Penny Paclik’s latest business venture won’t stay small for long. “I don’t want to say I create empires, but I tend to grow whatever I have,” said Paclik, a career entrepreneur and self-described “developer of people.” [...]

Are you a family business transitioning to a new generation? She’s an expert in it

2018-08-14T13:13:04+00:00 August 14, 2018|PFBA, Q&A|

Are you a family business transitioning to a new generation? She's an expert in it Next-generation family business members will be able to step away from day-to-day work and access a panel of experts at an event next month put on by the Prairie Family Business Association. It will be held at the Buffalo Ridge [...]

Father-son team leads insurance benefits company into future

2018-07-27T10:30:28+00:00 July 27, 2018|PFBA, Q&A|

Father-son team leads insurance benefits company into future Matt Halvorson never had a career backup plan. The family business calling was that strong. After coming to the office as a kid with his dad, Dave, he knew the insurance business was for him. Since 1985, North Dakota-based Halvorson Company has helped small to midsize businesses [...]

Reliabank expanding in Sioux Falls as family business enters third generation

2018-07-23T15:07:45+00:00 July 23, 2018|PFBA, Success Stories|

Reliabank expanding in Sioux Falls as family business enters third generation  It took David W. Johnson’s father, Walter, a little longer to become a business owner than he thought it might. His eventual business, Farmers State Bank of Estelline, was established by Fred Beskow in 1920 with $25,000 cash. Originally located in South Shore, it [...]

Next-generation family business leaders: This event is for you

2018-06-28T11:27:36+00:00 June 28, 2018|PFBA, Q&A|

Next-generation family business leaders: This event is for you Next-generation leaders in family businesses will find enormous value at a two-day event in September. Prairie Family Business Association will hold its annual Next Generation Retreat on Sept. 11 and 12 at the Buffalo Ridge Resort & Business Center. This event is geared for those who [...]

In two years, multigenerational Stensland Family Farms becoming household name

2018-06-20T09:47:10+00:00 June 20, 2018|PFBA, Success Stories|

In two years, multigenerational Stensland Family Farms becoming household name Two years ago, you couldn’t find a dairy product with a Stensland Family Farms label on it. Today, there are gallons of milk, quarts of ice cream and blocks of cheese sold at major retailers and locally owned stores in 16 cities throughout southeast South [...]