Recent News


Posted in: PFBA, Success Stories

August 31, 2021

The first one in the door every morning at BankStar’s Elkton branch is 96-year-old Jack Hegerfeld. “He comes in about 6:30 a.m., opens up the door and prepares the bank for the day,” said Jack’s …

Generations of entrepreneurs celebrate 95 years in family banking Read More »



Posted in: PFBA, Q&A

August 30, 2021

*Part two of a series of stories about Prairie Family Business Association founding members in celebration of our 30th anniversary. Nelson & Nelson CPAS knows something about longevity. As the state’s oldest homegrown accounting firm, …

Three generations look inside South Dakota’s oldest homegrown accounting firm Read More »


stephanie larscheid

Posted in: PFBA

August 12, 2021

Sioux Falls, South Dakota – August 12, 2021. Prairie Family Business Association’s Executive Director, Stephanie Larscheid, has been selected as one of the 4 under 40 award recipients. The Young Professionals Network of the Greater …

Prairie Family Business Association Executive Director Stephanie Larscheid One of Four to Win the Young Professionals Network 4 Under 40 Awards Read More »


pfba building

Posted in: PFBA, Success Stories

August 3, 2021

What would be the worst-case scenario? In 2020, the leaders of Hamlin Building Center asked that question. “We put it on paper,” said Joe Homola, manager of the business with locations in Brookings and Lake …

Building boom means business boom for longtime family companies Read More »



Posted in: PFBA, Q&A

July 29, 2021

*Part one of a series of stories about Prairie Family Business Association founding members in celebration of our 30th anniversary. As an 8-year-old, Bill Shorma remembers shining shoes in the basement of a clothing store …

Nationally honored family business moves into new generation as one owner buys out seven siblings Read More »


reptie gardens

Posted in: Member News, PFBA

June 28, 2021

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 Reptile Gardens turns pandemic changes into permanent successes Read More »



Posted in: PFBA

June 24, 2021

To say the last year has been unpredictable would be an understatement. However, at Prairie Family Business Association, we have continued to strive to provide family businesses with resources to thrive, even in trying times. …

PFBA 2021 Mid-Year Snapshot Read More »


Tollefsons Furniture

Posted in: PFBA, Q&A

June 16, 2021

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 …

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


paul nelson farm

Posted in: Member News, PFBA

May 24, 2021

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 …

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


advisory board snip

Posted in: PFBA

May 20, 2021

Prairie Family Business Association announces two additions to its advisory board. Amanda Lauer John Mackner Amanda Lauer, third generation family member of BankStar Financial based in Brookings, South Dakota, has joined the Prairie Family Business …

Prairie Family Business Association announces advisory board additions Read More »



Posted in: PFBA

May 4, 2021

SIOUX FALLS, S.D. – May 4, 2021. On April 29th and 30th, Prairie Family Business Association hosted their 29th Annual Family Business Hybrid Conference both in-person at the Hilton Garden Inn Downtown Sioux Falls and …

Regional families recognized at record setting family business event Read More »



Posted in: PFBA

April 20, 2021

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. …

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


PFBA beer

Posted in: PFBA

April 14, 2021

As the Leinenkugel family likes to say: Every beer has a story. Theirs is just a little longer. Jacob Leinenkugel started his brewery in 1867 in the logging town of Chippewa Falls, Wisconsin. And even …

Brewing a business: Leinenkugel family shares 6-generation success story Read More »


pfba speaker

Posted in: PFBA, Q&A

April 7, 2021

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 …

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


Leinenkugels red script

Posted in: PFBA, Success Stories

March 25, 2021

SIOUX FALLS, S.D. March 25, 2021 — Prairie Family Business Association will host the 29th Annual Family Business Conference in a hybrid format on April 29-30, 2021. This is the second year that Prairie Family …

Hybrid 2021 Family Business Conference Featuring the Fifth and Sixth Generations of the Leinenkugel Family Read More »