Latest family business news.

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Family of entertainers brings new venues, businesses to hometown

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Entering fourth generation, Iowa manufacturer adds new destination 24/7 training, history center

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With this approach, family businesses can think differently about valuation

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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

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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

pfba demco

Entering fourth generation, Iowa manufacturer adds new destination 24/7 training, history center

pfba

With this approach, family businesses can think differently about valuation

More family business news.

Prairie Family Business Association Welcomes New Executive Director

May 2, 2018

Prairie Family Business Association Welcomes New Executive Director VERMILLION, S.D. – The Prairie Family Business Association (PFBA), a University of South Dakota Beacom School of Business outreach program that serves family businesses in the Midwest, […]

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Video: 2018 Family Business Conference

April 30, 2018
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Approaching 100 years, Johnson Feed looks to future

April 19, 2018

Approaching 100 years, Johnson Feed looks to future  Johnson Feed Inc. knows how to adjust with the times. The business began 98 years ago in Fairview as a dray service delivering coal and other supplies […]

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Culver’s co-founder shares family business success story

March 20, 2018

Culver’s co-founder shares family business success story Craig Culver thought he’d found an ideal recipe for a successful restaurant. Start with the vanilla frozen custard he’d loved from a neighborhood stand as a kid. Add […]

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PFBA 25th Annual Conference

Shipshape or shipwreck – How would you rate your business?

March 7, 2018

Shipshape or shipwreck – How would you rate your business? The USS Benfold’s performance ranked it near the bottom of the Navy’s fleet when Capt. Mike Abrashoff became its leader. As part of changing the […]

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Hayzlett builds multifaceted business with help from second generation

February 22, 2018

It likely didn’t come as a surprise to anyone who knew him that Jeffrey Hayzlett issued a news release back in 1986 when his daughter, Lindsey, was born. “We don’t expect to get much work […]

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Consultant offers ‘no-BS family business planning’

February 13, 2018

Consultant offers ‘no-BS family business planning’ “Our family business crisis and how it made us stronger.” “The top nine reasons family businesses fail – and the eight building blocks for creating a sustainable closely held […]

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New ownership takes over at Sioux Corp.

January 15, 2018

New ownership takes over at Sioux Corp.  For almost two decades while driving to the airport before returning home to California or Nevada after Christmas, Jack Finger would broach a tough topic: working at his […]

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Mills Property Management entering third generation

January 10, 2018

Mills Property Management entering third generation Mary Jo Minor’s business revolves around people, from tending to residents’ needs to overseeing property for owners and working with her own family. Based in Brookings, Mills Property Management […]

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Inside the modern L.G. Everist Inc.: Fifth-generation business moves into new downtown headquarters

December 21, 2017

Inside the modern L.G. Everist Inc.: Fifth-generation business moves into new downtown headquarters When L.G. Everist Inc. became the first business to move into the downtown Sioux Falls Washington Square development this week, it marked […]

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Building the ButterBurger brand: How Culver’s took root in Sioux Falls

December 7, 2017

Building the ButterBurger brand: How Culver’s took root in Sioux Falls In the early days of his restaurant career, a slow lunch crowd meant it was time to hit the road. Nick Magera would leave […]

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Sinclair Family of Montgomery’s Receives Boyd Hopkins, Sr. Excellence in Family Business Award

December 7, 2017

Sioux Falls, South Dakota – December 7, 2017 Prairie Family Business Association, an outreach center of the Beacom School of Business at the University of South Dakota, presented the Boyd Hopkins, Sr. Excellence in Family […]

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Father, son build on legacy in plumbing, heating business

December 1, 2017

Father, son build on legacy in plumbing, heating business Through more than 70 years and multiple generations, Redlinger Bros. Plumbing & Heating Co. has navigated through both family and industry transitions. In post-World War II […]

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Strategies for handling conflict especially key in family businesses

November 8, 2017

There’s likely no such thing as a workplace without conflict. That can be especially true in family businesses. But there are strategies for how to identify, prevent and resolve it. Gayle Ver Hey, founder of […]

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FAMILY BUSINESS: How to succeed at succession

November 2, 2017

By Stephanie Larscheid — SIOUX FALLS, S.D. – What makes a family business successful through generations and decades? It all boils down to communication. Those who talk about and plan for the future of their family business tend […]

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Montgomery’s approaches 130 years with eye toward sixth-generation leadership

October 24, 2017

Alexandria was where the train line ended in Dakota Territory and a business began in 1888. The passenger, George H. Montgomery, had gotten on board in his native Wisconsin and gotten off when he could […]

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Fargo Family Receives Regional Family Business Award

October 19, 2017

October 12, 2017 – Fargo, North Dakota The Lillestol Family of Lillestol Research was presented the 2017 Edward Shorma Excellence in Family Business Award in Moorhead, Minnesota, on October 12.  Lillestol Research was founded in […]

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Reptile Gardens renews world record

October 13, 2017

South Dakota often gets attention for its low unemployment rate or favorable business climate, but this No. 1 ranking is not for the squeamish. Reptile Gardens has renewed its title as the world’s largest reptile […]

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Liberty Superstores and Patnoe Family Awarded Coca-Cola Excellence in Family Business Award

October 12, 2017

Rapid City Family Receives Regional Family Business Award October 9, 2017 – Rapid City, South Dakota The Patnoe Family of Liberty Superstores was presented the 2017 Coca-Cola Excellence in Family Business Award in Rapid City, […]

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Fourth-generation auto dealership owners plan more growth

October 4, 2017

Fourth-generation auto dealership owners plan more growth Ernest Patnoe’s motto in the 1930s was “We smile when you come, you smile when you leave.” Almost nine decades later, the family-owners of Liberty Superstores are still […]

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