Recent News

South Dakota’s Retailer of the Year finds right fit with family-owned shoe business

June 30, 2022

To find a 28,000-square-foot shoe store in a community of about 22,000 people tells you this isn’t a typical shoe store. Actually, Trav’s Outfitter is the South Dakota Retailer of the Year, honored in 2022 […]


CEO of one of nation’s oldest family businesses will help guide others at upcoming retreat

June 13, 2022

A sixth-generation owner of one of the nation’s oldest family businesses will help other families as they look to the future at an upcoming retreat. Kevin Hancock is the CEO of Hancock Lumber Co., a […]


Tollefson family of Tollefson’s Retail Group, Inc. receives Franklin G. Larson Excellence in Family Business award

June 7, 2022

Sioux Falls, South Dakota – June 7, 2022. Prairie Family Business Association, an outreach center of the Beacom School of Business at the University of South Dakota, awarded the Franklin G. Larson Excellence in Family […]


New research offers family business insight across generations

May 25, 2022

How do hundreds of USD students feel about joining a family business? De Vee Dkystra asked them. “Not very much research has been done on this topic, and we wanted to know how college-age students […]


Family-owned Auto Body Specialties grows into third generation

May 18, 2022

If you’re not familiar with the business, your first guess likely is that Auto Body Specialties is a place to take your vehicle for body work. “It’s common for people to think we’re a body […]


Regional families recognized at record setting family business event

May 5, 2022

Prairie Family Business Association hosted their 30th annual Family Business Hybrid Conference on April 28 and 29 both in-person at the Hilton Garden Inn Downtown Sioux Falls and virtually for attendees from 20 states and […]


Prairie Family Business Association announces advisory board additions

May 4, 2022

Prairie Family Business Association announces three additions to its advisory board. Megan Howard, second generation family member of The Howard Group in Sioux Falls, South Dakota, has joined the advisory board. Marnie Ochs-Raleigh, first generation […]


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

April 21, 2022

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 […]


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

April 6, 2022

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 […]


Five reasons why you should come to the 2022 virtual family business conference

March 25, 2022

The family business conference will unite your family through real family business lessons and strategies that can help your business live on for the next generation. Why should you join us on April 28th and […]