From tacos to saunas, entrepreneurial family builds on business success

From tacos to saunas, entrepreneurial family builds on business success If history repeats itself – as appears likely – Penny Paclik’s latest business venture won’t stay small for long. “I don’t want to say I create empires, but I tend to grow whatever I have,” said Paclik, a career entrepreneur and self-described “developer of people.” [...]

2018-08-20T11:29:13+00:00 August 20, 2018|PFBA, Success Stories|

Are you a family business transitioning to a new generation? She’s an expert in it

Are you a family business transitioning to a new generation? She's an expert in it Next-generation family business members will be able to step away from day-to-day work and access a panel of experts at an event next month put on by the Prairie Family Business Association. It will be held at the Buffalo Ridge [...]

2018-08-14T13:13:04+00:00 August 14, 2018|PFBA, Q&A|

Father-son team leads insurance benefits company into future

Father-son team leads insurance benefits company into future Matt Halvorson never had a career backup plan. The family business calling was that strong. After coming to the office as a kid with his dad, Dave, he knew the insurance business was for him. Since 1985, North Dakota-based Halvorson Company has helped small to midsize businesses [...]

2018-07-27T10:30:28+00:00 July 27, 2018|PFBA, Q&A|

Reliabank expanding in Sioux Falls as family business enters third generation

Reliabank expanding in Sioux Falls as family business enters third generation  It took David W. Johnson’s father, Walter, a little longer to become a business owner than he thought it might. His eventual business, Farmers State Bank of Estelline, was established by Fred Beskow in 1920 with $25,000 cash. Originally located in South Shore, it [...]

2018-07-23T15:07:45+00:00 July 23, 2018|PFBA, Success Stories|

Next-generation family business leaders: This event is for you

Next-generation family business leaders: This event is for you Next-generation leaders in family businesses will find enormous value at a two-day event in September. Prairie Family Business Association will hold its annual Next Generation Retreat on Sept. 11 and 12 at the Buffalo Ridge Resort & Business Center. This event is geared for those who [...]

2018-06-28T11:27:36+00:00 June 28, 2018|PFBA, Q&A|

In two years, multigenerational Stensland Family Farms becoming household name

In two years, multigenerational Stensland Family Farms becoming household name Two years ago, you couldn’t find a dairy product with a Stensland Family Farms label on it. Today, there are gallons of milk, quarts of ice cream and blocks of cheese sold at major retailers and locally owned stores in 16 cities throughout southeast South [...]

2018-06-20T09:47:10+00:00 June 20, 2018|PFBA, Success Stories|

Our new leader brings broad experience with businesses

Our new leader brings broad experience with businesses Laura Schoen Carbonneau is used to working with businesses of all ages and sizes. She has spent the past 12 years leading the Pierre Area Chamber of Commerce and began her newest role as the executive director of the Prairie Family Business Association this week. We caught up [...]

2018-06-07T15:03:38+00:00 June 7, 2018|PFBA, Q&A|

Building together: Muth, Lloyd share in family business success

Building together: Muth, Lloyd share in family business success Doing business in the early 1980s wasn’t easy. Trying to grow a business was even harder. But those trying times bred a business relationship and friendship between Dick Muth, Craig Lloyd and their respective businesses and families that endures. “From ’80 to ’85, his business was [...]

2018-05-18T16:37:15+00:00 May 18, 2018|Awards, PFBA, Success Stories|

Family alarm business grows into national leader

Family alarm business grows into national leader A business started decades ago by three Sioux Falls police officers selling alarm systems has grown into a national leader helping keep homes and businesses safe. Back when Midwest Alarm Co. was founded in 1967, basic residential alarm systems were run off landline telephones that caused a light [...]

2018-05-10T11:41:18+00:00 May 10, 2018|PFBA, Success Stories|

Photo Gallery – 2018 Annual Family Business Conference

Photo Gallery - 2018 Annual Family Business Conference Click to check out the photo gallery from the 2018 Annual Family Business Conference that was held in Sioux Falls, SD in April 2018. " order_by="sortorder" order_direction="ASC" returns="included" maximum_entity_count="500" display_type="photocrati-nextgen_basic_slideshow"]

2018-05-08T11:53:44+00:00 May 8, 2018|Photos|