More family business news.
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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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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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. 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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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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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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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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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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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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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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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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More than four in 10 businesses in South Dakota are family-owned, ranking the state No. 1 in the nation. That’s according to OnDeck, which recently released an annual family business survey that found 41.5 percent […]
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Whether they’re working one-on-one with a client or addressing a roomful of family business owners, in many ways Jenny Dinnen and Katie Rucker feel like they’re talking to their former selves. That was the impetus […]
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The word definitely is out: This is a can’t-miss conference for family businesses. “A successful conference is when a family leaves the conference and says, ‘We can do this; we can put in the work […]
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Family businesses now can hear directly from other family businesses with the launch of a podcast. Produced by Prairie Family Business Association and hosted by executive director Stephanie Larscheid, the first three episodes of “Family […]
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SIOUX FALLS, S.D. – At the 32nd Annual Family Business Conference, held April 17 and 18, the Prairie Family Business Association (PFBA) presented the following awards to three family businesses from the Upper Midwest: The […]
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The success of a generational transition is not, as one might expect, an outcome of meticulous succession planning. Decades of research have shown that there are three key elements to a successful succession. “Most businesses […]
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There’s likely not a better way to sample family business than this. The third annual Taste of Family Business is open to the public this year, allowing the event to grow beyond attendees at the […]
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For three generations, the Hollenbeck family has raised cattle on a ranch in Corson County. But when it came time to consider the next generation, decisions kept being put on hold. “Probably 10 years ago, […]
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If it hasn’t happened in your family business yet, someone eventually is bound to play the role of Fredo. The fictional member of the Corleone family in “The Godfather” is seen as the weakest of […]
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