Latest family business news.

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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

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Family of entertainers brings new venues, businesses to hometown

pfba kimberly

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

pfba muth electric

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.

Q&A with Brian Kirby – Lindquist & Vennum, LLP

June 24, 2016

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 […]

Keeping a Family a Family and a Business a Business

May 24, 2016

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 […]

Executive director helps guide family businesses

May 24, 2016

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 […]

Franklin G. Larson Excellence in Family Business Receipents

May 13, 2016

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 […]

Q&A with Tom Madison, CFA, CPA – Eide Bailly

May 10, 2016

A question from conference keynote Jolene Brown’s presentation: How can the family business owners be “the bank” for a buyout? What are the tax benefits? A: The primary tax benefit for serving as “the bank” […]

Q&A with Carolyn Thompson – Thompson Law

April 26, 2016

Our 24th annual conference was a great success. With 247 attendees, presenters educated and inspired guests. Keynote presenter Jolene Brown solicited questions from conference attendees, and we will address your questions in each email with […]

24th Annual Family Business Conference Boasts Record Attendance

April 19, 2016

Guests Attending from Five-State Region Sioux Falls, South Dakota – April 19, 2016. Just one week ago, the 24th Annual Prairie Family Business Conference hosted their two-day event at the Hilton Garden Inn Downtown Sioux […]

Keeping Family Businesses In The Family

April 11, 2016

When a person works hard to build up a business, they often want to pass it down to their children. However, the statistics aren’t promising. Most of the businesses in South Dakota are family-owned. Seventy […]

An inside look at the Jolly Time popcorn factory

January 10, 2016

In a recent TODAY’s Sunday’s with Harry, NBC’s Harry Smith has an insiders look at a movie snack staple, Jolly Time popcorn. See a tour of the company’s headquarters in Sioux City, Iowa, and learn more about […]

Craig Lloyd gets ready for ‘rewirement’

November 18, 2015

The first Craig Lloyd development was built with scrap lumber more than 60 years ago in the dirt of western North Dakota. The contractor was 4 or 5 years old. “We’d go around to wherever […]

Prairie Family Business Association Hires New Director

November 13, 2015

The Prairie Family Business Association that helps family businesses succeed in South Dakota, North Dakota, Nebraska and Minnesota a has hired a new executive director. “Stephanie Larscheid brings significant talent, experience and energy to the […]

Association Serves Unique Needs of Family Businesses

October 27, 2015

Denise Tollefson and her brother, Richard Anderson, attended a conference in South Dakota a few years ago hosted by the Prairie Family Business Association, an outreach nonprofit based out of the University of South Dakota. […]

Mills Property Management

October 20, 2015

Mary Jo Minor began her journey with the family business in the early 90’s when she purchased management contracts from her father, Harvey, for existing properties that were being managed by H.E. Mills Construction – […]

Prairie Family Business has new executive director

October 5, 2015

The Prairie Family Business Association has hired Stephanie Larscheid as its new executive director. Larscheid, an Iowa native, has a background in nonprofit work, and her portfolio includes active participation in the Council for Advancement […]

SIA Companies

May 4, 2015

The SIA Companies in Bismarck, ND, has some impressive stats: they’ve been owned and operated by a single family for 35 years, their initial business grew from a home-based location to serving 15,000+ agents, advi­sors, […]

Serenity Assisted Living

March 4, 2015

Serenity Assisted Living in Dilworth, MN is a relatively new family business, having been established in 2006, it is still owned by the first generation. Nevertheless, the company has grown remarkably in the past ten […]

Family Business Association Doubles ND Membership

January 26, 2015

BISMARCK, N.D. (AP) – The Prairie Family Business Association has doubled its membership in North Dakota in the past eight months. The Prairie Family Business Association was founded in 1993 as South Dakota Family Business […]

Limoges Construction

November 15, 2014

Deciding whether or not the family business will get passed down from one generation to the next can be one of the most crucial decisions ever made within the business. You have to decide if […]

Reptile Gardens

July 4, 2014

In 2009, the Brockelsby family of Reptile Gardens in Rapid City, SD, was honored by being presented with the Tom Didier Excellence in Family Business Award for their contributions to the community, as well as […]

Midstates, Inc. Print & Media Solutions

January 10, 2014

Matt Feickert and his brother Justin are the second-gen­eration leaders in a business that has been expanding since the late 70’s. Their father, Roger, founded Quality Quick Print in Aberdeen, SD, in 1979, and over […]

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