More family business news.
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 […]
Read More >>
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 […]
Read More >>
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.
Read More >>
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 […]
Read More >>
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 […]
Read More >>
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 […]
Read More >>
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. […]
Read More >>
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 […]
Read More >>
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. […]
Read More >>
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 […]
Read More >>Learn about what features and benefits Prairie Family Business Association has to offer its members – from the Annual Conference is the #1 networking event in the region with national and local speakers, consultants, and […]
Read More >>If someone in your family or business needs a nudge to get their estate plan in order, pass along this helpful Q&A information from Transition Sponsor Lindquist & Vennum, LLP and attorney Brian Kirby. Q: Why does […]
Read More >>By: Carolyn A. Thompson, Founder Thompson Law, PC, Sioux Falls, SD Every prudent business family should schedule a consultation with a good business succession lawyer so that they can begin discussions on how to keep […]
Read More >>
This week’s Monday Q&A features Stephanie Larscheid, executive director of the Prairie Family Business Association. Question: Tell us a little about yourself. Answer: I grew up on our family’s farm outside of Algona, Iowa, where […]
Read More >>
Congratulations to H.A. Thompson & Sons, Inc. of Bismarck, North Dakota, for being selected as the 2016 Franklin G. Larson Excellence in Family Business Award. H.A. Thompson & Sons, Inc. is a 4th generation run family business […]
Read More >>