Latest family business news.
More family business news.
Learn what the last 25 years have meant to some of our family business members and what has been accomplished by these families. A tribute to Prairie Family Business Association’s 25th Anniversary.
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Earl Brockelsby was a born showman. At 19, he worked as a tour guide at a Black Hills attraction called Hidden City. The owner of that now-closed tourist destination claimed the unique geological formation was […]
Read More >>Prairie Family Business Association – celebrating 25 years of serving family business leaders.
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Few people – if any — probably wanted Mike Abrashoff’s job. When the U.S. Navy commanding officer took over the USS Benfold, the ship’s performance ranked it near the bottom of the Pacific fleet. He […]
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The locals call it Cajun ketchup. To the rest of us, it’s Tabasco sauce – the most well-known pepper sauce in the world. Next year, the brand will turn 150 years old. But every day, […]
Read More >>Howdy Holmes runs a company with an estimated 65 percent market share in his category. The Wall Street Journal calls his brand “retro hip.” He opposes offering coupons or advertising for his products. And he […]
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Keeping the “family” in the family business is all about governance. Providing clear policies and procedures helps clarify roles, define responsibilities and keep family members engaged. While it can be complex, family governance also is […]
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VERMILLION, S.D. – Prairie Family Business Association, an outreach of the Beacom School of Business at the University of South Dakota, will host the 25th annual family business conference March 30-31, 2017, in Sioux Falls, […]
Read More >>A family business retreat is one of the most important strategies used to help strengthen the communication system in a family-owned business.
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By Kent Rhodes, Ed.U. and Kristi Daeda Carl is a robust, energetic man in his early 70s with a booming voice and raucous laugh. For the last 40 years, he’s led the company that his […]
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Sioux Falls, South Dakota – December 13, 2016. Prairie Family Business Association, an outreach center of the Beacom School of Business at the University of South Dakota, hosted the second annual Edward Shorma Excellence in […]
Read More >>Prairie Family Business Association, an outreach center of the Beacom School of Business, will host the Edward Shorma Excellence in Family Business Award and Legacy Tour in Moorhead, Minnesota on Dec. 8. The legacy tour […]
Read More >>As we work with our clients on year-end tax planning we are continually asked when is the best time to make a charitable contribution. This year, with President-elect Trump’s proposed tax reform there is an […]
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On November 22, 2016, J&L Harley-Davidson and the Entenman family received the 2016 Boyd Hopkins, Sr. Excellence in Family Business Award. The Entenman family received their award at a dinner held in their honor at […]
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Oscar Austad was a horrendous golfer. He had little, if any, interest or passion for the game, according to his son, Dave. At 41, he had been fired from three of his five previous jobs. […]
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On October 24, Prairie Family Business Association (an outreach center of the Beacom School of Business at the University of South Dakota) hosted the Tom Didier Excellence in Family Business Award and Legacy Tour in […]
Read More >>I’m going to let you in on a little secret, that’s not much of a secret: estate planning attorneys have been effectively reducing the value of family businesses for years. Now, before you make a […]
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MOORHEAD, Minn. — The Prairie Family Business Association recently hosted its annual North Dakota Family Business Forum at Concordia College in Moorhead, Minnesota, which was attended by 95 family business leaders and family business advisors. […]
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GETTYSBURG, S.D. — The Prairie Family Business Association recently hosted its bi-annual family business retreat in rural Gettysburg, South Dakota. Five families from across the region traveled to the Paul Nelson Farm on the last […]
Read More >>This week’s Q&A features Transition Sponsor, The Event Company. As you think about the second half of summer and the approaching fall, perhaps it’s time to think about how you are taking care of those who make your business […]
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