Recent News

Pactola Lake and reservoir in the Black Hills of South Dakota in the summer

The No. 1 state for family businesses? South Dakota!

March 22, 2023

By Matt Villano – Written for Family Business Magazine South Dakota is home to a greater percentage of family businesses than any other state in the nation.   At least, that was the takeaway from a […]


Family business Thermo King of Sioux Falls enters third generation of leadership

March 15, 2023

As the Thermo King motto goes: “If it heats or cools, we can fix it.” The Sioux Falls authorized dealership offers the sales, service and parts needed to keep trucks, trailers, buses and rail cars […]


Leading at Scale: Family creamery, branding firm to detail strategies that led to growth

March 2, 2023

The owners of Sweet Grass Dairy had reached an inflection point. Second-generation owners Jeremy and Jessica Little recently had purchased the Georgia-based creamery from Jessica’s parents, Desiree and Al Wehner, and it literally was time […]


Nation’s oldest economic forecasting firm to share insight at upcoming event

February 15, 2023

What if you could forecast economic and market conditions precisely enough that businesses could use that data to make timely adjustments? ITR Economics is the nation’s oldest privately held, continuously operating economic research and consulting […]


Next-gen family business members to share insights on leadership development

February 1, 2023

While they and their families run successful auto dealerships, home furnishing stores and ag manufacturing operations, these next-generation business leaders also have a lot in common. They’ve all grown and developed their careers within their […]

pfba's 2023 board bootcamp

First Board Bootcamp event attracts 40+ business owners

January 30, 2023

Prairie Family Business Association hosted its first Board Bootcamp on January 10th. The day-long engagement was held in Fargo, North Dakota, and virtually. Board Bootcamp engaged 42 family business owners, key employees and next generation […]

speaker casey brown promo graphic for the pfba annual conference

Discover your pricing power with insight from expert at upcoming event

January 17, 2023

If you’re excellent at what you do, you should be paid accordingly. The theory sounds simple enough, but often business owners fall short of charging for their own value. Casey Brown has built a career […]


Family business conference to feature lessons from ‘Texas patriarch’ on original Southfork Ranch

December 28, 2022

Douglas Box is the first to tell you his family business story isn’t one to try to emulate. “It’s basically a horror story, a cautionary tale, and you might even hear me say on stage […]


Planning for the future proves priceless for family development company

December 6, 2022

It started with a question to the team: What would you be nervous about if the CEO/owner were no longer around? The answers gave Craig Lloyd the motivation needed to start thinking seriously about succession […]


Transition resources help family-owned banks prepare for succession

December 2, 2022

Published on December 1, 2022 by Jacqueline Nasseff Hilgert at Within families that own banks, there can be a disconnect between parents who control the bank and children in line to take their place. Some parents struggle […]