Recent News

Fourth-generation building materials business marks big anniversary with fresh approach  

August 15, 2023

How does a 135-year-old business put a fresh twist on its brand? Ask those five generations away from its founding. That was the approach embraced by Schlachter Lumber, a Gettysburg-based family building materials businesses marking […]


Granddaughter buys jewelry store from grandfather, brands it for the future

August 14, 2023

How does a next-generation family business owner market a fine jewelry store? She makes an NIL, or name, image and likeness, deal that turns out to be a big win-win. Samantha Tupper of Wink’s Fine […]


Third-generation family business scales up going all-in on self-storage industry

July 26, 2023

Add up all the storage units owned by Five Star Storage and they easily would equal the size of a small town. At last count, “we are just shy of 11,500 units and 2 million […]


Family businesses: Board Bootcamp will help optimize board of directors

July 17, 2023

July 17, 2023 This paid piece is sponsored by Prairie Family Business Association. How much does Bill Shorma believe in using a board of directors? “We’ve had five companies, and every one of them has […]

family business connection magazine cover - summer 2023

Second volume of PFBA Family Business Connection issued

June 29, 2023

The Family Business Connection is an annual publication comprised of the most popular family business stories from PFBA. Along with family business stories, you will find interesting family business facts and Prairie Family Business Association […]


Family-owned health services business looks to second generation

June 28, 2023

It can be as simple as light housekeeping or as high-tech as operating a ventilator. It can involve an hour of help, 24/7 care in a home or accompanying someone out of state to a […]


Tackling tough topics at work? Learn the art of challenging conversations

June 1, 2023

“If you had to pick a date for retirement, what would it be?” It’s direct. It’s critical to the family business. But it’s also a tough question for a son to ask his father. “I […]


Law firm marks 20 years helping businesses evolve for the future – including its own

May 22, 2023

The team at Thompson Law has learned in an intensely personal way over the last few years the value of planning for the future. The Sioux Falls estate and business planning firm lost its founder, […]

stephanie taylor and scott stern new PFBA board members

Prairie Family Business Association announces advisory board additions

May 12, 2023

Prairie Family Business Association announces two additions to its advisory board. Stephanie Taylor is a third-generation family member of Sydell, Inc. Sydell is headquartered in Burbank, South Dakota, and specialized in steel equipment for sheep […]


At this retreat, life-changing conversations help family businesses address their future

May 3, 2023

Take three days away from working in the family business to work on the family business? That wasn’t easy for the Sioux Falls owners of Interim Health Care – but it proved invaluable. “There was […]