Worldwide industry leader experiencing unprecedented growth as it enters third generation

2019-07-01T21:51:40+00:00 July 1, 2019|PFBA, Success Stories|

Worldwide industry leader experiencing unprecedented growth as it enters third generation Whatever lessons in business might follow likely will be no more memorable than the summer assignment Nathan Sletten scored at his family business around the age of 14. “I started in the warehouse, and a bunch of trophies had come in wrong from the [...]

From typewriters to time tracking, family business shows staying power

2019-06-06T08:17:03+00:00 June 6, 2019|PFBA, Success Stories|

From typewriters to time tracking, family business shows staying power Chances are anyone who began in business selling typewriters isn’t still in business today without the ability to evolve with the times. Fittingly, tracking time itself happens to be an ingredient behind the success of Time Management Systems, which has grown into a multistate organization [...]

Unconventional banker builds multigeneration success

2019-05-01T15:36:38+00:00 May 1, 2019|PFBA, Success Stories|

Unconventional banker builds multigeneration success Frank Larson was not a typical banker. First, he was a lawyer, who bought his first bank at age 40. Second, while his portfolio of banks grew, he never worked in the business day to day. Instead, Larson set the tone, vision and values of Starion Bank with the power [...]

Family woodworking business finds steady growth in its second generation

2018-12-24T09:39:57+00:00 December 24, 2018|PFBA, Success Stories|

Family woodworking business finds steady growth in its second generation  It probably signaled the career that was to come for Tom Patzer when he was the only kid in high school to spend every study hall in the shop classroom and his resulting projects were displayed in the window of the principal’s office. Fast-forward a [...]

What makes a business a ‘best place to work?’ Three award winners share their secrets

2018-11-06T11:56:03+00:00 October 22, 2018|PFBA, Success Stories|

What makes a business a ‘best place to work?’ Three award winners share their secrets It takes a workplace culture that inspires loyalty and enthusiasm among employees to be named one of the Best Places to Work by Prairie Business magazine. After nominations were received from more than 1,300 employees, 50 businesses in the upper [...]

Century-old paper-supply business shares advice for staying current

2018-09-26T15:16:09+00:00 September 26, 2018|PFBA, Success Stories|

Century-old paper-supply business shares advice for staying current Cole Papers Inc. marks 100 years in business this year, and while its products have evolved with changing times, its ownership draws on a strong family-based foundation. President and CEO Chuck Perkins is married to Nancy, whose grandfather founded the business in 1918. He oversees a team [...]

Record project, new storefronts cap big year for third-generation family business

2018-09-10T12:05:22+00:00 September 10, 2018|PFBA, Success Stories|

Record project, new storefronts cap big year for third-generation family business When the Hard Rock Hotel & Casino opened this summer in the former Trump Taj Mahal, it represented more than a big resurgence for Atlantic City. The casino signage, feature walls and flooring inside the $500 million property also equal the largest project for [...]

From tacos to saunas, entrepreneurial family builds on business success

2018-08-20T11:29:13+00:00 August 20, 2018|PFBA, Success Stories|

From tacos to saunas, entrepreneurial family builds on business success If history repeats itself – as appears likely – Penny Paclik’s latest business venture won’t stay small for long. “I don’t want to say I create empires, but I tend to grow whatever I have,” said Paclik, a career entrepreneur and self-described “developer of people.” [...]

Reliabank expanding in Sioux Falls as family business enters third generation

2018-07-23T15:07:45+00:00 July 23, 2018|PFBA, Success Stories|

Reliabank expanding in Sioux Falls as family business enters third generation  It took David W. Johnson’s father, Walter, a little longer to become a business owner than he thought it might. His eventual business, Farmers State Bank of Estelline, was established by Fred Beskow in 1920 with $25,000 cash. Originally located in South Shore, it [...]

In two years, multigenerational Stensland Family Farms becoming household name

2018-06-20T09:47:10+00:00 June 20, 2018|PFBA, Success Stories|

In two years, multigenerational Stensland Family Farms becoming household name Two years ago, you couldn’t find a dairy product with a Stensland Family Farms label on it. Today, there are gallons of milk, quarts of ice cream and blocks of cheese sold at major retailers and locally owned stores in 16 cities throughout southeast South [...]