Rosemary McCoy

A development that families built: The multigenerational legacy of The Steel District

PFBA, Success Stories /

The land has been in the Rysdon family for generations – and determining the best use for it years into the future wasn’t easy. Since 1918, Sioux Steel Co. has served as a cornerstone of the Sioux Falls community, a leading agricultural equipment manufacturer. But it had become clear that building for the future likely […]

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Sioux Falls family business founder to share insight on innovation at upcoming webinar

PFBA, Success Stories /

From wireless infrastructure to a natural food store, Craig Snyder has built a career blending family business entrepreneurship with innovation. His businesses, VIKOR Teleconstruction and Pomegranate Market, show how to adjust, adapt and evolve to meet changing markets. Snyder shared his insights at a webinar hosted by Prairie Family Business Association, “Fostering Innovation in Your

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Connecting on the go: Podcast featuring family businesses highlights relatable themes

PFBA, Q&A /

The stories, strategies and successes driving multigenerational family business success are among the themes of an increasingly popular podcast. The “Family Business Connection” podcast is hosted by Stephanie Larscheid, executive director of the Prairie Family Business Association, and is a go-to resource for inspiring narratives and practical advice designed to help family businesses thrive through generations.

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Upcoming retreat for next-generation family business leaders to focus on ‘using your voice’

PFBA, Q&A /

When third-generation family business member Melissa Moos walked into her first Next Generation Retreat in 2022, she didn’t know anyone. “Probably one of the scariest things I’ve ever done in my life was going hours away from home not knowing anyone who was going to be there,” said Moos, who began in her family business,

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From wine bars to jazz club, extended family brings destination dining, entertainment to Sioux Falls guests 

PFBA, Success Stories /

Dante Tarabelsi was halfway through a mechanical engineering degree when he literally got a taste of what working for his family business could be like. On a trip with his parents to Napa Valley, California, for his 21st birthday, “I was drinking wine overlooking the fog running into the valley and said: ‘How do I

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Sixth-generation business in its ‘cousin consortium’ shares best governance practices

PFBA, Q&A /

Over 135 years, E. Ritter and Company has done business in everything from ice and cotton gin to oil and banking. It has owned or operated a saloon, farm equipment company, software business, IT management services, telephone and internet services, and even fire and life safety businesses. But the consistent elements of the business have

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Family leaders of full-service web, marketing agency help connect MN, SD family businesses

PFBA, Success Stories /

Every other month, Don Raleigh III heads west from St. Paul to Sioux Falls to join a group of people who have become a priceless part of his work-life world. “I don’t even have the words to communicate how connected I feel with my group,” Don said of his Affinity Peer Group organized through the

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From ‘bad news’ to business success, family grows consulting firm centered on tech, culture

PFBA, Q&A /

The phone call from the corporate office came as a shock — and then a catalyst. Almost 25 years ago, Bob Pope received word that the strategic consulting office he worked for in North Dakota would be shutting down in 30 days. “After the shock, we asked ourselves ‘What is the opportunity here?’” his wife,

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advisors and family members at the pfba conference

S.D. leads nation in family businesses — these strategies can help that continue

PFBA /

More than four in 10 businesses in South Dakota are family-owned, ranking the state No. 1 in the nation. That’s according to OnDeck, which recently released an annual family business survey that found 41.5 percent of South Dakota businesses are family owned, more than 2 percentage points ahead of No. 2 Idaho. “The state and

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Sisters bring their family business experience in guiding next-generation leaders  

PFBA /

Whether they’re working one-on-one with a client or addressing a roomful of family business owners, in many ways Jenny Dinnen and Katie Rucker feel like they’re talking to their former selves. That was the impetus behind forming Next Gen Collaborative, a coaching and consulting firm focused on empowering next-generation family business leaders to craft their

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