0
Member Families0
States0
Years Serving Families0
Professional AdvisorsWe exist for hardworking family businesses who dream of creating a legacy for the next generation — those who want to lead successfully, plan accordingly, and transition with confidence.
The business, relational, and generational change this intentional work ignites is why we do we what do. We’d love to get to know your family, understand your business, and connect you to the resources you need to thrive.
Our Purpose
To help family businesses thrive through generations.
Prairie Family Business Association, founded in 1992, is an outreach center of the University of South Dakota Beacom School of Business.
Core Values
P – Professional
We operate in a highly professional manner. From our written communication to our verbal communication and everything in between.
F – Focus
We are focused on our mission each day and strive to provide high value to our members.
B – Building Connections
We help families navigate the complexities of being in business together. Connections are established among fellow members, sponsors, and advisors.
A – Above & Beyond
We deliver on the needs of families and provide them with valuable resources. Customer service is important to us.
Focus Areas
How We Help
You'll receive valuable assistance with succession planning for your family business through educational resources, workshops, and access to expert advisors.
We tailor these resources to address the unique challenges and dynamics of family businesses, providing guidance on developing a succession plan that ensures a smooth transition of leadership from one generation to the next while preserving your family legacy and business continuity.
We educate family businesses through workshops, seminars, and online resources designed to address your specific needs and challenges. By offering insights from industry experts and facilitating peer-to-peer learning, our member families are empowered with the knowledge and skills necessary to thrive in today's competitive business environment.
We assists family businesses with family governance by providing guidance on establishing effective structures and processes for decision-making and conflict resolution within the family. Through workshops, consultations, live case studies, and access to best practices, the association helps families navigate the complexities of governance to foster harmony and continuity across generations.
It would be a pleasure to help your family with strategic planning by providing access to workshops, seminars, and consultations specifically tailored to the needs of your family businesses.
These resources offer guidance on aligning your long-term goals with practical strategies for growth and sustainability, while also providing opportunities to network with other family businesses and access expert advice to navigate market complexities effectively.
Family harmony and communication are supported with resources and workshops focused on fostering open dialogue and resolving conflicts effectively. Through facilitated discussions and access to expert advice, we help our member families cultivate a supportive and cohesive environment, enabling them to navigate challenges and thrive together.
We support family businesses with current and next-generation leadership development through mentorship programs, family and next generation retreats, and access to our network of industry experts. By fostering the growth and development of both current and future leaders within our family businesses, we assist to help ensure a smooth transition of leadership and continuity for generations to come.
The PFBA Team
Stephanie Larscheid
Peter Hauck
Mason Van Essen
Callie Tuschen
PFBA Advisory Board
Tiffany Anderson
Sioux Falls, SD
Aaron Canfield
Sioux Falls, SD
DeVee Dykstra
Vermillion, SD
Megan Howard
Sioux Falls, SD
Amanda Lauer
Brookings, SD
Christie Lloyd Ernst, Chair
Sioux Falls, SD
Nikki Nelson
Fargo, ND
Tim O’Keefe
Aberdeen, SD
Marnie Ochs-Raleigh
St. Paul, MN
TJ Russell
Mandan, ND
John Schwan
Aberdeen, SD
Scott Stern
Freeman, SD
Tura Synhorst
Rapid City, SD
Stephanie Taylor
Burbank, SD
Travas Uthe
Watertown, SD