More family business news.

Annual family business survey finds strong commitment to business preservation, with opportunities to evolve

October 23, 2024

Family business priorities, perspective and even views on topics such as artificial intelligence are revealed in a new survey of 160 family businesses. Prairie Family Business Association annually, in partnership with USD’s Beacom School of […]

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2024 Shorma Award Winner - Hendricks Family

Celebrating Excellence: The Hendricks Family Awarded the Edward Shorma Award

October 18, 2024

This week, Prairie Family Business Association (PFBA) honored the Hendricks Family of Five Star Storage with the 2024 Edward Shorma Excellence in Family Business Award during a special luncheon at Porter Creek Hardwood Grill in […]

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Connecting on the go: Podcast featuring family businesses highlights relatable themes

September 25, 2024

The stories, strategies and successes driving multigenerational family business success are among the themes of an increasingly popular podcast. The “Family Business Connection” podcast is hosted by Stephanie Larscheid, executive director of the Prairie Family […]

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Prairie Family Business Association announces nominations are open for two family business awards

September 9, 2024

Prairie Family Business Association announces nominations are open for two family business awards. Two awards that recognize and celebrate multigenerational family businesses that positively impact the local economy and the neighboring region are now accepting […]

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Upcoming retreat for next-generation family business leaders to focus on ‘using your voice’

August 29, 2024

When third-generation family business member Melissa Moos walked into her first Next Generation Retreat in 2022, she didn’t know anyone. “Probably one of the scariest things I’ve ever done in my life was going hours […]

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From wine bars to jazz club, extended family brings destination dining, entertainment to Sioux Falls guests 

August 15, 2024

Dante Tarabelsi was halfway through a mechanical engineering degree when he literally got a taste of what working for his family business could be like. On a trip with his parents to Napa Valley, California, […]

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Sixth-generation business in its ‘cousin consortium’ shares best governance practices

July 30, 2024

Over 135 years, E. Ritter and Company has done business in everything from ice and cotton gin to oil and banking. It has owned or operated a saloon, farm equipment company, software business, IT management […]

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John Schwan + Nikki Nelson

Prairie Family Business Association announces two additions to its 15-person advisory board

July 24, 2024

Prairie Family Business Association announces two additions to its 15-person advisory board. John Schwan is the founder, first-generation owner, and CEO of Schwan Financial Group, a financial, estate and business succession planning firm based in […]

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Family leaders of full-service web, marketing agency help connect MN, SD family businesses

July 17, 2024

Every other month, Don Raleigh III heads west from St. Paul to Sioux Falls to join a group of people who have become a priceless part of his work-life world. “I don’t even have the […]

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From ‘bad news’ to business success, family grows consulting firm centered on tech, culture

June 25, 2024

The phone call from the corporate office came as a shock — and then a catalyst. Almost 25 years ago, Bob Pope received word that the strategic consulting office he worked for in North Dakota […]

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