Latest family business news.

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With this approach, family businesses can think differently about valuation

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Webinar to offer practical AI strategies for family businesses

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Agribusiness families point to common factor in achieving business success, longevity

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PFBA executive director prepares for next chapter, reflects on family business success

muth family presented with hopkins family business award - muth electric

Muth Electric Wins Boyd Hopkins Sr. Excellence in Family Business Award

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Family of entertainers brings new venues, businesses to hometown

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Entering fourth generation, Iowa manufacturer adds new destination 24/7 training, history center

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With this approach, family businesses can think differently about valuation

pfba webinar

Webinar to offer practical AI strategies for family businesses

PFBA

Agribusiness families point to common factor in achieving business success, longevity

More family business news.

Multifaceted development, construction family business takes steps toward generational transition

September 8, 2025

What began as a single sidewalk installation grew into a family business helping shape the landscape of South Dakota’s capital city and beyond. Mark and Glennis Zarecky returned to their hometown in the early 1980s […]

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Stop the Fighting on the Way to the Funeral Home: How to avoid family conflict with proactive planning

August 11, 2025

No family should be dealing with conflict and grief at the same time – but it happens far too often, especially in family business. Promises are made, but contracts aren’t created. Facts are assumed, but […]

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Multigenerational bank ready for leadership transition, focus on fourth generation

July 30, 2025

A 50-year career in banking leadership wraps up this week for Dave Johnson – but thanks to intentional planning, his family and his business are ready for it. “In my opinion, managing succession – or […]

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Family business podcast debuts second season with lessons learned from multigenerational companies

July 23, 2025

From how family businesses are structuring their transitions to what to know about having tough conversations, you’ll get an unfiltered look from families in the latest season of “Family Business Connection.” This podcast, produced by […]

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family business connection magazine from pfba - 2025 edition

Fourth edition of Family Business Connection magazine issued

July 8, 2025

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 program […]

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In every generation, family business members find powerful value in Affinity Peer Groups

June 30, 2025

At first, Amanda Neppl wasn’t so sure about joining a group of family business peers. A second-generation member of Patzer Woodworking, she decided to try anyway and became part of an Affinity Peer Group about […]

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Family business checkups offer easy look into potential improvements

June 25, 2025

In 10 minutes, Chris Lidel received almost instant insight into his family business. As he and his brother, Todd, compared their answers to an online family business checkup, “we could see the discrepancies and have […]

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Fueling growth: Payroll solution provider helps family business modernize

May 28, 2025

A third-generation powerhouse in the energy industry, Stern Co. has grown from a small family business into a leading fueling distribution and consultation partner. Founded as an oil supplier in 1976, Stern has grown into a company of […]

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3 Family Businesses Honored with Awards from Prairie Family Business Association

May 1, 2025

Three family businesses were honored this week for their success across multiple generations. More than 500 people attended the 33rd annual Family Business Conference from the Prairie Business Association, where the following awards were presented: […]

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Preview a ‘taste’ of family business at one-of-a-kind dinner

April 21, 2025

From iconic brands to emerging chefs, family businesses represent them all — and will give a sampling of their work at an upcoming event. Taste of Family Business has become a popular element of the […]

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Multigenerational ranch, lodge to host family business retreat

April 10, 2025

From the time Nick Jorgensen’s great-grandfather claimed a homestead in Tripp County, there was a commitment to ensuring the family’s ag operation endured. “It was always part of the ethos of the family to make […]

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Tech futurist to detail possibilities with AI for family businesses

March 18, 2025

A tech trend forecaster and futurist will lend an inside look this spring into the opportunities AI presents for family businesses. Sean Watson serves as senior vice president of special projects at Trend Hunter, a […]

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Preeminent thought leader on generational wealth to share insight at family business conference

March 5, 2025

Prepare to unlearn what you thought you knew about family business succession planning — and tackle the sometimes taboo topic of generational wealth — when an internationally known expert comes to Sioux Falls next month. […]

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Beyond the boardroom: Family businesses to offer insight into board approach

February 19, 2025

One is an advisory board, the other a fiduciary board. One dates back to the 1980s; the other was formed eight years ago. But for both Muth Cos. and Steffes Group, utilizing a board of […]

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First-time event puts focus on needs of female family business members

February 12, 2025

Being a woman in a family business brings a unique dynamic. “You’re often both a business leader and an emotional leader. You’re a support for the employees, for the family, children, spouses; there are so […]

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In first season, family business podcast shares multigenerational stories

January 28, 2025

In less than an hour, you can hear the inside story of a family business’ path from startup to success.

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Planning for the long game: Austad’s Golf family to share succession story

January 13, 2025

What does it take to evolve as a third-generation golf retail industry leader? The Austad family will share their story at an upcoming event. 

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From content to connection, 2024 brings year of support for family businesses

December 30, 2024

Family businesses throughout the region increasingly are finding ways to learn from one another and share their stories of success. The Prairie Family Business Association experienced a year of membership growth, strong programming and an […]

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Third-generation Radio Flyer CEO to detail path from irrelevance to reinvention

December 17, 2024

Even the most iconic children’s toys don’t necessarily endure for generations. By the 1990s, Radio Flyer wagons were on the verge of extinction as a struggling family business needed a path into the future. Robert […]

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Interstate Office Products family business award

Interstate Office Products recognized for excellence in family business

December 4, 2024

The Gaspar family was driving from Sioux Falls to Huron recently when the road trip turned into a reflection on their family business. They were headed north to honor their mother and grandmother, LaVonne Gaspar, […]

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