Latest family business news.

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PFBA executive director prepares for next chapter, reflects on family business success

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Muth Electric Wins Boyd Hopkins Sr. Excellence in Family Business Award

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Family of entertainers brings new venues, businesses to hometown

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After helping grow her family’s businesses, new business development manager focuses on reaching other families

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The next chapter: What to know about capturing your family business’ story

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Vitamix family business leader to share success story at annual family business conference

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A Year-Round Guide to Supporting Family Businesses

pfba stephanie

PFBA executive director prepares for next chapter, reflects on family business success

muth family presented with hopkins family business award - muth electric

Muth Electric Wins Boyd Hopkins Sr. Excellence in Family Business Award

pfba browns 01

Family of entertainers brings new venues, businesses to hometown

More family business news.

Falcon Plastics wraps up history-making year

December 23, 2019

2019 is a year that will stand out in the nearly 45-year history of Falcon Plastics, a family-owned company bringing its custom products to clients worldwide. Founded in 1975 by Don and Carol Bender, Brookings-based Falcon […]

Hard work, humility lead Fiegen into third generation

December 17, 2019

It’s a third-generation family business that literally has helped build Sioux Falls and beyond, and just won a big honor. Enjoy the story of Fiegen Construction.

As cancer closed in, law firm focused on its future

November 27, 2019

Carolyn Thompson had one final message, and she was determined to deliver it. On Sept. 12, two weeks after she was told her cancer had recurred and would soon take her life, Thompson stood in […]

Family guides gas company into new territory

November 25, 2019

It’s a multigeneration family business that’s likely entering its most exciting era yet. The story of A-OX Welding Supply begins within two companies: Dakota Welding Supply, which was founded in 1944, and A&B Welding Supply, […]

Husband-wife duo leads food company with focus on empowering others

November 22, 2019

A shared business philosophy, a commitment to communication and a sense of humor are just some of the keys to how this husband and wife navigate their shared company as a couple. Kurt and Valerie […]

Contractor that strives to ‘be excellent’ builds for the future

October 23, 2019

It has taken Kari Karst awhile to think of her business as a family business. But over its 57-year history, BX Civil & Construction Inc. actually has had ties to three family business. Under Karst’s […]

Returning family business leader shares vision for the future

October 2, 2019

Stephanie Larscheid enjoyed being executive director of the Prairie Family Business Association enough that when the opportunity came to return, she seized it. Larscheid, who led the association from 2015 until early 2018 before returning […]

Lloyd Cos. honored among 30 exceptional family businesses

October 2, 2019

Summer break is a little different for the third generation of Sioux Falls-based Lloyd Cos. The six kids, who range in age from 6 to 12, have been known to spend part of their time […]

Master workplace coach to share insight at upcoming event

September 16, 2019

Master workplace coach to share insight at upcoming event When it comes to business coaching, Pete Walsh – literally – is a master. The owner of Peak Performance Coaching is a former corporate executive who […]

New Executive Director Announced for Prairie Family Business Association

August 30, 2019

Vermillion, SD – The Prairie Family Business Association (PFBA), a University of South Dakota Beacom School of Business outreach program that serves family businesses in the Midwest, welcomes Stephanie Larscheid as its executive director. “We […]

Hitting their stride: Family business goes global with Strider balance bikes

August 19, 2019

Hitting their stride: Family business goes global with Strider balance bikes Two-year-old Bode McFarland was the talk of the town on two wheels – a little Black Hills bicyclist who started turning heads back in […]

Born entrepreneurs: Canfield family evolves, expands through decades of business growth

August 7, 2019

Born entrepreneurs: Canfield family evolves, expands through decades of business growth If life had taken a different path, Larry Canfield could have found himself – literally – digging into business ownership. “We were ditch diggers,” […]

Family business helps companies promote their brand, reward employees

August 7, 2019

Showing appreciation is among the best ways to improve performance and customer satisfaction in the workplace. That’s the premise for a family business that has found a unique niche helping businesses brand themselves and reward […]

Family-owned fuel stop, C-store chain shares insight on workforce success

July 1, 2019

Family-owned fuel stop, C-store chain shares insight on workforce success Spend even a little time on the road in South Dakota this summer, and chances are you’ll be stopping at this multigeneration family business. Dakota […]

Worldwide industry leader experiencing unprecedented growth as it enters third generation

July 1, 2019

Worldwide industry leader experiencing unprecedented growth as it enters third generation Whatever lessons in business might follow likely will be no more memorable than the summer assignment Nathan Sletten scored at his family business around […]

From typewriters to time tracking, family business shows staying power

June 6, 2019

From typewriters to time tracking, family business shows staying power Chances are anyone who began in business selling typewriters isn’t still in business today without the ability to evolve with the times. Fittingly, tracking time […]

Family business offers one-of-a-kind shopping experience

June 6, 2019

There’s no shopping experience in South Dakota quite like Prairie Edge and Sioux Trading Post. From an expansive selection of Native American art, botanicals and herbs to the one of the world’s largest collections of […]

Unconventional banker builds multigeneration success

May 1, 2019

Unconventional banker builds multigeneration success Frank Larson was not a typical banker. First, he was a lawyer, who bought his first bank at age 40. Second, while his portfolio of banks grew, he never worked […]

Third-generation Coca-Cola bottling family helps share best practices with others

April 19, 2019

Third-generation Coca-Cola bottling family helps share best practices with others L.E. “Mike” Messinger had a work ethic from his very first experience in business that would lead him to build a multigenerational family company. In […]

National tutoring business leader to offer advice on managing change

March 21, 2019

National tutoring business  leader to offer advice on managing change When Anne Huntington arrives in Sioux Falls next month to share her family business story, she will be in the midst of living the topic […]

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