Learn what the last 25 years have meant to some of our family business members and what has been accomplished by these families. A tribute to Prairie Family Business Association’s 25th Anniversary.
PFBA 25th Anniversary Video Read More »
Prairie Family Business Association – celebrating 25 years of serving family business leaders.
PFBA Highlight Video Read More »
A family business retreat is one of the most important strategies used to help strengthen the communication system in a family-owned business.
Family Business Retreats Video Read More »
MOORHEAD, Minn. — The Prairie Family Business Association recently hosted its annual North Dakota Family Business Forum at Concordia College in Moorhead, Minnesota, which was attended by 95 family business leaders and family business advisors. The presentations: Featured keynote speaker Phil Clemens presented the seven destructive traps of family business and described steps to avoid
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Learn about what features and benefits Prairie Family Business Association has to offer its members – from the Annual Conference is the #1 networking event in the region with national and local speakers, consultants, and valuable information – to monthly webinars, networking, and more!
PFBA Overview Video Read More »
By: Carolyn A. Thompson, Founder Thompson Law, PC, Sioux Falls, SD Every prudent business family should schedule a consultation with a good business succession lawyer so that they can begin discussions on how to keep their family a family and their business a business. Waiting until they “have time,” or “have it all figured out,”
Keeping a Family a Family and a Business a Business Read More »
This week’s Monday Q&A features Stephanie Larscheid, executive director of the Prairie Family Business Association. Question: Tell us a little about yourself. Answer: I grew up on our family’s farm outside of Algona, Iowa, where my dad is a third-generation family farmer. My undergraduate degree is from Iowa State University, and I earned my MBA
Executive director helps guide family businesses Read More »
A question from conference keynote Jolene Brown’s presentation: How can the family business owners be “the bank” for a buyout? What are the tax benefits? A: The primary tax benefit for serving as “the bank” is the ability to defer capital gains tax over the period in which installment payments are received. Generally when considering
Q&A with Tom Madison, CFA, CPA – Eide Bailly Read More »
In a recent TODAY’s Sunday’s with Harry, NBC’s Harry Smith has an insiders look at a movie snack staple, Jolly Time popcorn. See a tour of the company’s headquarters in Sioux City, Iowa, and learn more about this independent, family-owned company.
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The first Craig Lloyd development was built with scrap lumber more than 60 years ago in the dirt of western North Dakota. The contractor was 4 or 5 years old. “We’d go around to wherever we could find used lumber, and we’d build huts,” said Lloyd, whose family was in the lumber business. His grandfather
Craig Lloyd gets ready for ‘rewirement’ Read More »