Rosemary McCoy

Family-owned Reptile Gardens turns pandemic changes into permanent successes

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If you thought the COVID-19 pandemic threw a curveball your way, try managing through it with 1,000 animals – including 200 species and subspecies of reptiles. That was the scenario faced at Reptile Gardens, the family-owned Rapid City attraction that dates back to 1937. “We always open the first Saturday in March, and last year […]

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Fourth-generation family business builds on tradition of quality home furnishings, flooring

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Since 1925, the name Tollefson’s has come to be associated with a reputation for excellence in the home furnishings and flooring business. Based in Minot, N.D., this fourth-generation family business does a lot of things right. Tollefson’s Retail Group operates as Slumberland Furniture, Tollefson’s Carpetland, Carpet Garage Flooring Center and Tollefson’s Contract Flooring, with locations

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In a place where pheasants flourish, families find clarity for their businesses’ futures

Member News, PFBA /

For years, family businesses from South Dakota and beyond have come to the Paul Nelson Farm, where a beautiful setting serves as the backdrop for some tough conversations. The exceptional lodge in Gettysburg — a family business itself — hosts five to seven families through the Prairie Family Business Association each August. This year’s retreat

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How does a century-old business decide to sell? This leader will tell you

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If you’ve ever had your eyes examined, you’ve had an up-close look at the product that launched a family business success story. Eric Allyn’s great-grandfather William invented the ophthalmoscope in 1915 in upstate New York. More than a century later, the medical device that examines eyes and its sister product, the otoscope, still bear the

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Top-rated speaker offers path to ‘you on your best day’

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In business, every day is showtime. But is your performance hitting the mark? Michael Allosso is the No. 1-rated speaker for Vistage International, the world’s largest CEO-enrichment organization, bringing his 25-plus years as one of the nation’s preeminent communications and self-awareness specialists. He has worked with CEOs, marketing executives, managers, sales teams, attorneys and many

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When it’s time to sell the family business – including to family – keep tax strategy in mind

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Sell your business – or part of it – to family and avoid taxes. Does it sound like a potential path for you? Then you’ll want to draw on Andrew Knutson’s expertise at the upcoming annual conference of the Prairie Family Business Association. Knutson is the owner and managing attorney at Thompson Law PLLC in

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Highly recommended family business speaker to share how ‘culture trumps everything’

PFBA /

Like many business owners, Mark Moffatt has heard a lot of speakers. But this one was different. “I joined a Sioux Falls Vistage peer group awhile back and heard Dr. Gustavo Grodnitzky speak in February 2020. He was the best speaker I’d heard yet since joining,” said Moffatt, general manager of family-owned Moffatt Products in

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Optimize your business’ board: Attend this upcoming Board School

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Whether your business uses a board of directors, is thinking about starting one or if you serve on a board, an upcoming Board School could be for you. Prairie Family Business Association’s Board School is designed for business owners who: • Are considering establishing an advisory or fiduciary board.• Want to increase the value and

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‘Stop fighting on the way to the funeral home’ with this family business strategy

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Jolene Brown brings a few nontraditional tools when she meets with family businesses. The veteran professional speaker and family business consultant starts with a mirror. “Most people want me to work with them to fix somebody else,” she explains. The mirror is a redirect. “We have to start with the people at the table and

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