Rosemary McCoy

Chick-fil-A chairman to keynote upcoming family business conference

PFBA /

Chick-fil-A Inc. chairman Dan Cathy will share his experience growing a family business at next week’s Prairie Family Business Association annual conference in Sioux Falls. Cathy, who will speak via videoconferencing at the event April 28-29, served as CEO of the Atlanta-based fast-food chicken restaurant his father founded from 2013 until 2021 when he transitioned […]

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Has your family business considered using EOS? This is the best way to start

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Shea Peffly was convinced to make a career change when she saw firsthand how effective the Entrepreneurial Operating System, or EOS, could be. Developed by Gino Wickman and described in his bestselling book “Traction: Get a Grip on Your Business,” EOS tools are being used by more than 80,000 companies to improve the operational value

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People, planet, profit: 3 elements that lead toward true sustainability in business

PFBA, Q&A /

It is possible: Creating sustainable practices in business can lead to retaining people and increasing profits. And Heidi Sanborn is someone who helps businesses make it happen. The California-based founder and executive director of the National Stewardship Action Council since 2015, she will speak at the annual Prairie Family Business Association conference on how family

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Struggling with culture in your business? Their strategies will help

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Ask family businesses – or any businesses, for that matter – what could be improved, and increasingly culture is at the top of their list. “This is a hot topic for our members,” said Stephanie Larscheid, executive director of the Prairie Family Business Association. “We keep hearing from family businesses about the need to enhance

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Joseph Astrachan

Family business expert to address family dynamics, best practices

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With more than 40 years of experience working with family businesses – plus his own – Joseph Astrachan has vast expertise in helping families navigate the unique environment that’s created when work and family intertwine. Astrachan’s own family business background includes an extended family that has owned businesses ranging from container and tanker shipping and

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Entrepreneurial strategist to help address business issues in real time at upcoming event

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Mike Michalowicz has definitely lived the ups and downs of business. By his 35th birthday, he founded and sold two multimillion-dollar companies. Confident he had identified the formula for success, he became a small-business angel investor – and proceeded to lose his entire fortune. Then, he started all over again, driven to find better ways

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Looking back and ahead, The First National Bank embraces next generation and family business best practices

PFBA, Q&A /

A bank doesn’t reach 136 years old without learning to evolve, transition and plan for the future. So it’s probably not surprising that the Baker family of The First National Bank in Sioux Falls became early members of the state’s first and only association dedicated specifically to supporting family businesses. “From very early in our

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3 family businesses to offer inside look at succession planning do’s and don’ts

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They’ve been there, done that, and now are sharing their experiences. Three family businesses will share strategies and pitfalls around succession planning at an upcoming webinar through the Prairie Family Business Association. It will be held Jan. 7 at 10 a.m. CST and be presented by: Dave and Jan Johnson, second-generation owners of Reliabank, which

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