Culver’s co-founder shares family business success story

2018-03-20T15:05:47+00:00 March 20, 2018|PFBA, Success Stories|

Culver’s co-founder shares family business success story Craig Culver thought he’d found an ideal recipe for a successful restaurant. Start with the vanilla frozen custard he’d loved from a neighborhood stand as a kid. Add “ButterBurgers,” a concept a friend shared while they were discussing childhood ice cream spots. "Frozen custard and ButterBurgers. Can’t go [...]

Shipshape or shipwreck – How would you rate your business?

2018-03-07T09:47:45+00:00 March 7, 2018|PFBA, Q&A|

Shipshape or shipwreck – How would you rate your business? The USS Benfold’s performance ranked it near the bottom of the Navy’s fleet when Capt. Mike Abrashoff became its leader. As part of changing the culture, Abrashoff would ask his crew: “What would you do? It’s your ship.” “I found that the more control I [...]

Hayzlett builds multifaceted business with help from second generation

2018-02-22T17:54:07+00:00 February 22, 2018|PFBA, Success Stories|

Hayzlett builds multifaceted business with help from second generation It likely didn’t come as a surprise to anyone who knew him that Jeffrey Hayzlett issued a news release back in 1986 when his daughter, Lindsey, was born. “We don’t expect to get much work out of her in the first 18 years,” he remembers writing [...]

Consultant offers ‘no-BS family business planning’

2018-02-13T10:34:16+00:00 February 13, 2018|PFBA, Q&A|

Consultant offers ‘no-BS family business planning’ “Our family business crisis and how it made us stronger.” “The top nine reasons family businesses fail – and the eight building blocks for creating a sustainable closely held business.” “You don’t have to die to win – success and succession for family business.” If these sound like themes [...]

New ownership takes over at Sioux Corp.

2018-01-15T15:06:30+00:00 January 15, 2018|PFBA, Success Stories|

New ownership takes over at Sioux Corp.  For almost two decades while driving to the airport before returning home to California or Nevada after Christmas, Jack Finger would broach a tough topic: working at his family’s business, Sioux Corp. in Beresford. It never worked out. “After receiving a mechanical engineering degree in 1974 from SDSU, [...]

Mills Property Management entering third generation

2018-01-10T14:03:08+00:00 January 10, 2018|PFBA, Q&A|

Mills Property Management entering third generation Mary Jo Minor’s business revolves around people, from tending to residents’ needs to overseeing property for owners and working with her own family. Based in Brookings, Mills Property Management was born out of her father’s construction and development companies founded in 1949. Mills Property Management became its own entity [...]

Inside the modern L.G. Everist Inc.: Fifth-generation business moves into new downtown headquarters

2017-12-21T12:08:00+00:00 December 21, 2017|Member News, PFBA|

Inside the modern L.G. Everist Inc.: Fifth-generation business moves into new downtown headquarters When L.G. Everist Inc. became the first business to move into the downtown Sioux Falls Washington Square development this week, it marked the latest in a series of pioneering moves for the more than 140-year-old family business. It was founded in 1876 [...]

Building the ButterBurger brand: How Culver’s took root in Sioux Falls

2017-12-07T12:51:50+00:00 December 7, 2017|PFBA, Success Stories|

Building the ButterBurger brand: How Culver’s took root in Sioux Falls In the early days of his restaurant career, a slow lunch crowd meant it was time to hit the road. Nick Magera would leave his Culver’s at 2509 S. Louise Ave. about 2 p.m. with to-go menus and coupons for free food, and start [...]

Father, son build on legacy in plumbing, heating business

2017-12-01T12:47:19+00:00 December 1, 2017|PFBA, Q&A|

Father, son build on legacy in plumbing, heating business Through more than 70 years and multiple generations, Redlinger Bros. Plumbing & Heating Co. has navigated through both family and industry transitions. In post-World War II Watertown, brothers Clark and Howard Redlinger reopened the family plumbing and heating business originally started by their father, Orson. [...]

FAMILY BUSINESS: How to succeed at succession

2017-11-14T11:57:09+00:00 November 2, 2017|PFBA|

By Stephanie Larscheid -- SIOUX FALLS, S.D. – What makes a family business successful through generations and decades? It all boils down to communication. Those who talk about and plan for the future of their family business tend to be more likely to make a successful transition from one generation to the next. It’s not easy. But, if [...]