Latest family business news.
More family business news.
Every other month, Don Raleigh III heads west from St. Paul to Sioux Falls to join a group of people who have become a priceless part of his work-life world. “I don’t even have the […]
Read More >>
The phone call from the corporate office came as a shock — and then a catalyst. Almost 25 years ago, Bob Pope received word that the strategic consulting office he worked for in North Dakota […]
Read More >>
The Family Business Connection is an annual publication comprised of the most popular family business stories from PFBA. Along with family business stories, you will find interesting family business facts and Prairie Family Business Association program […]
Read More >>
More than four in 10 businesses in South Dakota are family-owned, ranking the state No. 1 in the nation. That’s according to OnDeck, which recently released an annual family business survey that found 41.5 percent […]
Read More >>
Whether they’re working one-on-one with a client or addressing a roomful of family business owners, in many ways Jenny Dinnen and Katie Rucker feel like they’re talking to their former selves. That was the impetus […]
Read More >>
The word definitely is out: This is a can’t-miss conference for family businesses. “A successful conference is when a family leaves the conference and says, ‘We can do this; we can put in the work […]
Read More >>
Family businesses now can hear directly from other family businesses with the launch of a podcast. Produced by Prairie Family Business Association and hosted by executive director Stephanie Larscheid, the first three episodes of “Family […]
Read More >>
SIOUX FALLS, S.D. – At the 32nd Annual Family Business Conference, held April 17 and 18, the Prairie Family Business Association (PFBA) presented the following awards to three family businesses from the Upper Midwest: The […]
Read More >>
The success of a generational transition is not, as one might expect, an outcome of meticulous succession planning. Decades of research have shown that there are three key elements to a successful succession. “Most businesses […]
Read More >>
There’s likely not a better way to sample family business than this. The third annual Taste of Family Business is open to the public this year, allowing the event to grow beyond attendees at the […]
Read More >>
For three generations, the Hollenbeck family has raised cattle on a ranch in Corson County. But when it came time to consider the next generation, decisions kept being put on hold. “Probably 10 years ago, […]
Read More >>
If it hasn’t happened in your family business yet, someone eventually is bound to play the role of Fredo. The fictional member of the Corleone family in “The Godfather” is seen as the weakest of […]
Read More >>
Willie Robertson, the dynamic and affable CEO of Duck Commander, is not just a television personality — he’s a living success story. From humble beginnings in the Louisiana bayou to becoming a household name through […]
Read More >>
“It’s hard to read the label on your own bottle.” If you and your family business can relate to that thought from a fellow CEO, a workshop coming up will help you gain an enhanced […]
Read More >>
For family and ag businesses, communication, adversity and conflict can be inherent struggles – but also manageable ones. Siblings Megan Hammond, Jackson Hegerfeld and Amanda Lauer have lived it both in their own family businesses […]
Read More >>
The 2023 winner of the Boyd Hopkins Sr. Excellence in Family Business Award is the Roddel family of Auto Body Specialties. For 20 years, the Prairie Family Business Association—an outreach center of the Beacom School […]
Read More >>
Callie Tuschen knows what life is like as a family business owner. Tuschen, co-owner of a local business in Hartford, grew up on a cattle ranch in northwestern South Dakota. She went to school in […]
Read More >>
More families are finding the resources they need to evolve and thrive by connecting with the growing Prairie Family Business Association. This year has seen strong growth in the association’s membership, programs and resources — […]
Read More >>
How does a Texas-based family business connect with resources available in South Dakota as it transitions to a new generation? It’s all about relationships. SYOXSA is a leading distributor of industrial, medical and specialty gases, […]
Read More >>
Edward Shorma was a serial entrepreneur before the term had taken off. A North Dakota farm boy and son of immigrant parents, Shorma was a shoe cobbler, and “as he had children, he had to […]
Read More >>