Lloyd Cos. honored among 30 exceptional family businesses

2019-10-02T08:50:59-05:00October 2, 2019|PFBA, Success Stories|

Lloyd Cos. honored among 30 exceptional family businesses Summer break is a little different for the third generation of Sioux Falls-based Lloyd Cos. The six kids, who range in age from 6 to 12, have been known to spend part of their time away from school learning in a real-world way within their family business. [...]

Hitting their stride: Family business goes global with Strider balance bikes

2019-08-19T15:24:44-05:00August 19, 2019|PFBA, Success Stories|

Hitting their stride: Family business goes global with Strider balance bikes Two-year-old Bode McFarland was the talk of the town on two wheels – a little Black Hills bicyclist who started turning heads back in 2006. “Parents and grandparents were surprised at this tiny boy who could rip around on a bike so well,” his [...]

Born entrepreneurs: Canfield family evolves, expands through decades of business growth

2019-08-07T15:47:18-05:00August 7, 2019|PFBA, Success Stories|

Born entrepreneurs: Canfield family evolves, expands through decades of business growth If life had taken a different path, Larry Canfield could have found himself – literally – digging into business ownership. “We were ditch diggers,” he said. “We did water and sewer and trenching, underground work, in Sioux Falls.” His father, Robert, and uncle, Claude, [...]

Worldwide industry leader experiencing unprecedented growth as it enters third generation

2019-07-01T21:51:40-05:00July 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

2019-06-06T08:17:03-05:00June 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

2019-05-01T15:36:38-05:00May 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

2018-12-24T09:39:57-05:00December 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

2018-11-06T11:56:03-05:00October 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

2018-09-26T15:16:09-05:00September 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

2018-09-10T12:05:22-05:00September 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 [...]