More family business news.

Research shows these 3 elements are key to successful family business transitions

April 10, 2024

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 […]


Here’s your chance to have a ‘taste’ of family business

March 26, 2024

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 […]


How farm, ranch families can help ensure multigenerational success, sustainability

March 20, 2024

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, […]


Avoid ‘the Fredo effect’ in your family business with this expert insight

February 21, 2024

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 […]


Behind the dynasty: Duck Commander CEO to share family business success story in Sioux Falls

February 15, 2024

Willie Robertson, the dynamic and affable CEO of Duck Commander, is not just a television personality — he’s a living success story. From humble beginnings in the Louisiana bayou to becoming a household name through […]


Give your family business brand a checkup – and a plan to accelerate– at this upcoming workshop

January 31, 2024

“It’s hard to read the label on your own bottle.” If you and your family business can relate to that thought from a fellow CEO, a workshop coming up will help you gain an enhanced […]


For ag families, family businesses, communication tools can help reduce conflict

January 23, 2024

For family and ag businesses, communication, adversity and conflict can be inherent struggles – but also manageable ones. Siblings Megan Hammond, Jackson Hegerfeld and Amanda Lauer have lived it both in their own family businesses […]

roddel family of auto body specialists

Roddel Family of Auto Body Specialties receives 2023 Boyd Hopkins Sr. Excellence in Family Business Award

January 2, 2024

The 2023 winner of the Boyd Hopkins Sr. Excellence in Family Business Award is the Roddel family of Auto Body Specialties. For 20 years, the Prairie Family Business Association—an outreach center of the Beacom School […]


Family business roots lead to entrepreneurship, perfect role supporting others

December 27, 2023

Callie Tuschen knows what life is like as a family business owner. Tuschen, co-owner of a local business in Hartford, grew up on a cattle ranch in northwestern South Dakota. She went to school in […]


Prairie Family Business Association leader details new offerings for family businesses this year and beyond

December 21, 2023

More families are finding the resources they need to evolve and thrive by connecting with the growing Prairie Family Business Association. This year has seen strong growth in the association’s membership, programs and resources — […]

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