The word definitely is out: This is a can’t-miss conference for family businesses. “A successful conference is when a family leaves the conference and says, ‘We can do this; we can put in the work and communication to make this business last through the next generation,’” said Stephanie Larscheid, executive director of Prairie Family Business […]
Sold-out conference provides big takeaways for family businesses Read More »
Family businesses now can hear directly from other family businesses with the launch of a podcast. Produced by Prairie Family Business Association and hosted by executive director Stephanie Larscheid, the first three episodes of “Family Business Connection” launched this week. Stephanie Larscheid, executive director of Prairie Family Business Association, and Kyle Bender, executive vice president
In their own words: Family businesses share stories through new podcast Read More »
The success of a generational transition is not, as one might expect, an outcome of meticulous succession planning. Decades of research have shown that there are three key elements to a successful succession. “Most businesses don’t fail because they can’t solve the business problems. They usually fail because of a lack of alignment on the
Research shows these 3 elements are key to successful family business transitions Read More »
There’s likely not a better way to sample family business than this. The third annual Taste of Family Business is open to the public this year, allowing the event to grow beyond attendees at the Prairie Family Business Association Annual Conference. “This is a meaningful gathering where our family business members are able to experience
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For three generations, the Hollenbeck family has raised cattle on a ranch in Corson County. But when it came time to consider the next generation, decisions kept being put on hold. “Probably 10 years ago, we talked with an attorney, and we knew we really should set something up because we want to be able
How farm, ranch families can help ensure multigenerational success, sustainability Read More »
If it hasn’t happened in your family business yet, someone eventually is bound to play the role of Fredo. The fictional member of the Corleone family in “The Godfather” is seen as the weakest of his brothers, an embarrassment to the family and a proverbial weak link. “I’ve seen Fredos in the best of families
Avoid ‘the Fredo effect’ in your family business with this expert insight Read More »
Willie Robertson, the dynamic and affable CEO of Duck Commander, is not just a television personality — he’s a living success story. From humble beginnings in the Louisiana bayou to becoming a household name through the smash-hit reality TV show “Duck Dynasty,” Robertson’s journey is an inspiring testament to the power of his faith in
“It’s hard to read the label on your own bottle.” If you and your family business can relate to that thought from a fellow CEO, a workshop coming up will help you gain an enhanced perspective that will help accelerate your business goals. Conducted by Six-Point Creative, the workshop From Stuck to Sustainable: Three Steps
For family and ag businesses, communication, adversity and conflict can be inherent struggles – but also manageable ones. Siblings Megan Hammond, Jackson Hegerfeld and Amanda Lauer have lived it both in their own family businesses and as they help others. The third-generation family business leaders help lead both Brookings-based BankStar Financial and Advantage Land Co.
For ag families, family businesses, communication tools can help reduce conflict Read More »
Callie Tuschen knows what life is like as a family business owner. Tuschen, co-owner of a local business in Hartford, grew up on a cattle ranch in northwestern South Dakota. She went to school in Timber Lake and graduated from Oregon State University. She briefly worked as a teacher using the Waldorf methodology before beginning
Family business roots lead to entrepreneurship, perfect role supporting others Read More »