On November 22, 2016, J&L Harley-Davidson and the Entenman family received the 2016 Boyd Hopkins, Sr. Excellence in Family Business Award. The Entenman family received their award at a dinner held in their honor at the Hilton Garden Inn Downtown, Sioux Falls, on Wednesday, November 16, 2016. Each year, the Prairie Family Business Association and […]
Oscar Austad was a horrendous golfer. He had little, if any, interest or passion for the game, according to his son, Dave. At 41, he had been fired from three of his five previous jobs. “His career had gone nowhere,” Austad said. “Five kids were going to be six.” But Oscar Austad had an empty
Argus Leader highlights Austad’s Golf & the Austad Family Read More »
On October 24, Prairie Family Business Association (an outreach center of the Beacom School of Business at the University of South Dakota) hosted the Tom Didier Excellence in Family Business Award and Legacy Tour in Rapid City, SD. Conrad’s Big “C” Electric, Inc. was honored as the 2016 Tom Didier Excellence in Family Business Award
Tom Didier Award & Legacy Tour Read More »
I’m going to let you in on a little secret, that’s not much of a secret: estate planning attorneys have been effectively reducing the value of family businesses for years. Now, before you make a joke about lawyers’ fees, let me explain. Generally speaking, business owners are looking to maximize the value of their stock,
The Value of a Discount Read More »
GETTYSBURG, S.D. — The Prairie Family Business Association recently hosted its bi-annual family business retreat in rural Gettysburg, South Dakota. Five families from across the region traveled to the Paul Nelson Farm on the last weekend of August to experience a weekend of learning. Featured keynote speaker Mike McGrann delivered sessions on the four pillars
Prairie Family Business Association Hosts Retreat Read More »
This week’s Q&A features Transition Sponsor, The Event Company. As you think about the second half of summer and the approaching fall, perhaps it’s time to think about how you are taking care of those who make your business possible. Question: “How do you steward your clients and business partners throughout the year and annually?” Answer: How we steward our
Q&A with Addie Graham-Kramer – The Event Company Read More »
If someone in your family or business needs a nudge to get their estate plan in order, pass along this helpful Q&A information from Transition Sponsor Lindquist & Vennum, LLP and attorney Brian Kirby. Q: Why does it take so long for estate planning? How do you prevent it from being obsolete? A: Depending upon the complexity
Q&A with Brian Kirby – Lindquist & Vennum, LLP Read More »
Congratulations to H.A. Thompson & Sons, Inc. of Bismarck, North Dakota, for being selected as the 2016 Franklin G. Larson Excellence in Family Business Award. H.A. Thompson & Sons, Inc. is a 4th generation run family business that takes great pride in supporting their community and dedicated employees. Congratulations on your 108 years of excellence!
Franklin G. Larson Excellence in Family Business Receipents Read More »
Our 24th annual conference was a great success. With 247 attendees, presenters educated and inspired guests. Keynote presenter Jolene Brown solicited questions from conference attendees, and we will address your questions in each email with an answer from a sponsor. Carolyn Thompson, Founder of Thompson Law, answers this week’s question. Q: How do you budget
Q&A with Carolyn Thompson – Thompson Law Read More »
Guests Attending from Five-State Region Sioux Falls, South Dakota – April 19, 2016. Just one week ago, the 24th Annual Prairie Family Business Conference hosted their two-day event at the Hilton Garden Inn Downtown Sioux Falls. This annual conference is the #1 educational and networking event in the region for family businesses and with 247
24th Annual Family Business Conference Boasts Record Attendance Read More »