More family business news.
July 17, 2023 This paid piece is sponsored by Prairie Family Business Association. How much does Bill Shorma believe in using a board of directors? “We’ve had five companies, and every one of them has […]
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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 […]
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It can be as simple as light housekeeping or as high-tech as operating a ventilator. It can involve an hour of help, 24/7 care in a home or accompanying someone out of state to a […]
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“If you had to pick a date for retirement, what would it be?” It’s direct. It’s critical to the family business. But it’s also a tough question for a son to ask his father. “I […]
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The team at Thompson Law has learned in an intensely personal way over the last few years the value of planning for the future. The Sioux Falls estate and business planning firm lost its founder, […]
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Prairie Family Business Association announces two additions to its advisory board. Stephanie Taylor is a third-generation family member of Sydell, Inc. Sydell is headquartered in Burbank, South Dakota, and specialized in steel equipment for sheep […]
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Take three days away from working in the family business to work on the family business? That wasn’t easy for the Sioux Falls owners of Interim Health Care – but it proved invaluable. “There was […]
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A Sioux Falls family with a half-century history of business success has been named winners of the first Lifetime Achievement Award from the Prairie Family Business Association. For the first time in the organization’s 31-year […]
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Tim Meagher is a self-described city boy. His wife, Megan, grew up visiting both sets of grandparents’ farms in northeast South Dakota on weekends. Now, their business, Vanguard Hospitality, the restaurant group they co-own with […]
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The family business clearly was in Matt Nielsen’s blood early. “During the summer or school vacation, I would ask my dad if I could come to the office for the day,” he said. “We were […]
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By Matt Villano – Written for Family Business Magazine South Dakota is home to a greater percentage of family businesses than any other state in the nation. At least, that was the takeaway from a […]
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As the Thermo King motto goes: “If it heats or cools, we can fix it.” The Sioux Falls authorized dealership offers the sales, service and parts needed to keep trucks, trailers, buses and rail cars […]
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The owners of Sweet Grass Dairy had reached an inflection point. Second-generation owners Jeremy and Jessica Little recently had purchased the Georgia-based creamery from Jessica’s parents, Desiree and Al Wehner, and it literally was time […]
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What if you could forecast economic and market conditions precisely enough that businesses could use that data to make timely adjustments? ITR Economics is the nation’s oldest privately held, continuously operating economic research and consulting […]
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While they and their families run successful auto dealerships, home furnishing stores and ag manufacturing operations, these next-generation business leaders also have a lot in common. They’ve all grown and developed their careers within their […]
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Prairie Family Business Association hosted its first Board Bootcamp on January 10th. The day-long engagement was held in Fargo, North Dakota, and virtually. Board Bootcamp engaged 42 family business owners, key employees and next generation […]
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If you’re excellent at what you do, you should be paid accordingly. The theory sounds simple enough, but often business owners fall short of charging for their own value. Casey Brown has built a career […]
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Douglas Box is the first to tell you his family business story isn’t one to try to emulate. “It’s basically a horror story, a cautionary tale, and you might even hear me say on stage […]
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It started with a question to the team: What would you be nervous about if the CEO/owner were no longer around? The answers gave Craig Lloyd the motivation needed to start thinking seriously about succession […]
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Published on December 1, 2022 by Jacqueline Nasseff Hilgert at bankbeat.biz Within families that own banks, there can be a disconnect between parents who control the bank and children in line to take their place. Some parents struggle […]
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