Learn more about addiction challenges with this webinar

Learn more about addiction challenges with this webinar Family businesses aren’t immune to issues with addiction and mental health challenges. They actually can experience them more acutely, as loved ones’ struggles impact both at home and at work. Prairie Family Business Association is connecting its members with valuable expertise through a webinar Dec. 6 from [...]

2018-11-21T09:47:45+00:00 November 21, 2018|PFBA|

Pride Neon looks toward next generation with focus on family transition planning

Pride Neon looks toward next generation with focus on family transition planning Until a few years ago, the leaders of Pride Neon Sign Co. didn’t have titles to correspond to their jobs. As family, it didn’t exactly seem necessary. Dick Menke, whose uncle bought the business in 1947, naturally gravitated to the business operations and [...]

2018-11-15T13:55:51+00:00 November 15, 2018|Awards, PFBA|

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

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 [...]

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

Multigenerational auto business focuses on transition planning

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 [...]

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

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

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 [...]

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

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

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 [...]

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

From tacos to saunas, entrepreneurial family builds on business success

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.” [...]

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

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

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 [...]

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

Father-son team leads insurance benefits company into future

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 [...]

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

Reliabank expanding in Sioux Falls as family business enters third generation

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 [...]

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