PFBA Highlight Video
Prairie Family Business Association – celebrating 25 years of serving family business leaders.
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Family Business Retreats Video
A family business retreat is one of the most important strategies used to help strengthen the communication system in a family-owned business.
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Prairie Family Business Hosts North Dakota Forum
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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PFBA Overview Video
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!
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Keeping a Family a Family and a Business a Business
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,”
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Executive director helps guide family businesses
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
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Q&A with Tom Madison, CFA, CPA – Eide Bailly
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
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Mills Property Management
Mary Jo Minor began her journey with the family business in the early 90’s when she purchased management contracts from her father, Harvey, for existing properties that were being managed by H.E. Mills Construction – a company started by Harvey in 1949 and is the roots of Mills Property Management, Inc. Since then, Mary Jo
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Prairie Family Business has new executive director
The Prairie Family Business Association has hired Stephanie Larscheid as its new executive director. Larscheid, an Iowa native, has a background in nonprofit work, and her portfolio includes active participation in the Council for Advancement and Support of Education and work with organizations such as the University of Iowa Foundation, Family Visitation Center and Principal
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SIA Companies
The SIA Companies in Bismarck, ND, has some impressive stats: they’ve been owned and operated by a single family for 35 years, their initial business grew from a home-based location to serving 15,000+ agents, advisors, and reps in all 50 states, and in the last 5 years they have began taking the steps to make