More family business news.

Texas family business finds help with generational transition connecting in South Dakota

November 28, 2023

How does a Texas-based family business connect with resources available in South Dakota as it transitions to a new generation? It’s all about relationships. SYOXSA is a leading distributor of industrial, medical and specialty gases, […]

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One family business honors another as both find recipe for success

November 9, 2023

Edward Shorma was a serial entrepreneur before the term had taken off. A North Dakota farm boy and son of immigrant parents, Shorma was a shoe cobbler, and “as he had children, he had to […]

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New business development manager brings passion for supporting family businesses

November 6, 2023

Making genuine connections, enhancing the member experience and building partnerships are among the goals for the newest member of the Prairie Family Business Association team. Mason Van Essen recently became the organization’s business development manager. […]

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Brothers prepare to lead packaging solutions business into third generation

October 26, 2023

If your business has to ship it, their business likely can box it. Watertown Box is an independent sheet plant based in Watertown, South Dakota, that creates packaging solutions for the manufacturing, service and retail […]

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Third-generation family manufacturer finds formula to position business for the future

October 5, 2023

Steve Hohn is the second-generation leader of a family business that has grown and thrived for decades, but he was nervous walking into a room filled with outside expertise. “There’s bankers, wealth management people, tax […]

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Longtime agribusiness leaders look to next generation

October 5, 2023

Farmers serving other farmers has been a guiding principle for a Huron family now looking toward its second generation. The roots for Bauman Agency are deeper than that though, beginning with Curt Bauman’s grandparents, who […]

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Fourth-generation building materials business marks big anniversary with fresh approach  

August 15, 2023

How does a 135-year-old business put a fresh twist on its brand? Ask those five generations away from its founding. That was the approach embraced by Schlachter Lumber, a Gettysburg-based family building materials businesses marking […]

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Granddaughter buys jewelry store from grandfather, brands it for the future

August 14, 2023

How does a next-generation family business owner market a fine jewelry store? She makes an NIL, or name, image and likeness, deal that turns out to be a big win-win. Samantha Tupper of Wink’s Fine […]

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Third-generation family business scales up going all-in on self-storage industry

July 26, 2023

Add up all the storage units owned by Five Star Storage and they easily would equal the size of a small town. At last count, “we are just shy of 11,500 units and 2 million […]

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Family businesses: Board Bootcamp will help optimize board of directors

July 17, 2023

July 17, 2023 This paid piece is sponsored by Prairie Family Business Association. How much does Bill Shorma believe in using a board of directors? “We’ve had five companies, and every one of them has […]

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