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Annual family business survey finds strong commitment to business preservation, with opportunities to evolve

Family business priorities, perspective and even views on topics such as artificial intelligence are revealed in a new survey of 160 family businesses. Prairie Family Business Association annually, in partnership with USD’s Beacom School of Business, surveys family businesses about the topics, issues and programs they view as key to their success and longevity. “At […]

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2024 Shorma Award Winner - Hendricks Family

Celebrating Excellence: The Hendricks Family Awarded the Edward Shorma Award

This week, Prairie Family Business Association (PFBA) honored the Hendricks Family of Five Star Storage with the 2024 Edward Shorma Excellence in Family Business Award during a special luncheon at Porter Creek Hardwood Grill in Fargo, North Dakota. This prestigious award recognizes multigenerational family businesses in the Fargo area that make a significant positive impact

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Prairie Family Business Association announces nominations are open for two family business awards

Prairie Family Business Association announces nominations are open for two family business awards. Two awards that recognize and celebrate multigenerational family businesses that positively impact the local economy and the neighboring region are now accepting nominations. For Fargo-area family businesses, the Edward Shorma Excellence in Family Business Award was established by the Shorma family through

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John Schwan + Nikki Nelson

Prairie Family Business Association announces two additions to its 15-person advisory board

Prairie Family Business Association announces two additions to its 15-person advisory board. John Schwan is the founder, first-generation owner, and CEO of Schwan Financial Group, a financial, estate and business succession planning firm based in Aberdeen, South Dakota. Nikki Nelson is a second-generation owner of Western Products, a collection of companies centered in Fargo, North

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Third volume of the Family Business Connection

Third volume of PFBA Family Business Connection issued

The Family Business Connection is an annual publication comprised of the most popular family business stories from PFBA. Along with family business stories, you will find interesting family business facts and Prairie Family Business Association program information. The Family Business Connection is available in print format or in digital format below. If you would like to have

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Edney Family wins Vicki Clarke Award at PFBA Conference

Three Family Businesses Honored with Awards From Prairie Family Business Association

SIOUX FALLS, S.D. – At the 32nd Annual Family Business Conference, held April 17 and 18, the Prairie Family Business Association (PFBA) presented the following awards to three family businesses from the Upper Midwest: The Lloyd All In Award: VanLiere family of Industrial Machine & Engineering (Brookings, S.D.) The Lloyd All In Award was presented

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roddel family of auto body specialists

Roddel Family of Auto Body Specialties receives 2023 Boyd Hopkins Sr. Excellence in Family Business Award

The 2023 winner of the Boyd Hopkins Sr. Excellence in Family Business Award is the Roddel family of Auto Body Specialties. For 20 years, the Prairie Family Business Association—an outreach center of the Beacom School of Business at the University of South Dakota—has presented the award to a Sioux Falls-area family business.  Prior to the

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family business connection magazine cover - summer 2023

Second volume of PFBA Family Business Connection issued

The Family Business Connection is an annual publication comprised of the most popular family business stories from PFBA. Along with family business stories, you will find interesting family business facts and Prairie Family Business Association program information. The Family Business Connection is available in print format or in digital format below. If you would like to

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stephanie taylor and scott stern new PFBA board members

Prairie Family Business Association announces advisory board additions

Prairie Family Business Association announces two additions to its advisory board. Stephanie Taylor is a third-generation family member of Sydell, Inc. Sydell is headquartered in Burbank, South Dakota, and specialized in steel equipment for sheep and goats. When she’s not working in her family business, Stephanie is an entertainment and music industry attorney. Scott Stern

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