Latest family business news.
More family business news.
Prairie Family Business Association hosted their 30th annual Family Business Hybrid Conference on April 28 and 29 both in-person at the Hilton Garden Inn Downtown Sioux Falls and virtually for attendees from 20 states and […]
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Prairie Family Business Association announces three additions to its advisory board. Megan Howard, second generation family member of The Howard Group in Sioux Falls, South Dakota, has joined the advisory board. Marnie Ochs-Raleigh, first generation […]
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Chick-fil-A Inc. chairman Dan Cathy will share his experience growing a family business at next week’s Prairie Family Business Association annual conference in Sioux Falls. Cathy, who will speak via videoconferencing at the event April […]
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Shea Peffly was convinced to make a career change when she saw firsthand how effective the Entrepreneurial Operating System, or EOS, could be. Developed by Gino Wickman and described in his bestselling book “Traction: Get […]
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The family business conference will unite your family through real family business lessons and strategies that can help your business live on for the next generation. Why should you join us on April 28th and […]
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It is possible: Creating sustainable practices in business can lead to retaining people and increasing profits. And Heidi Sanborn is someone who helps businesses make it happen. The California-based founder and executive director of the […]
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Ask family businesses – or any businesses, for that matter – what could be improved, and increasingly culture is at the top of their list. “This is a hot topic for our members,” said Stephanie […]
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As the story goes, Ray Syverson Sr. arrived in Sioux Falls with not much more than a bucket of tools. He’d learned the tile business from family in Wisconsin and then saved up enough train […]
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With more than 40 years of experience working with family businesses – plus his own – Joseph Astrachan has vast expertise in helping families navigate the unique environment that’s created when work and family intertwine. […]
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Mike Michalowicz has definitely lived the ups and downs of business. By his 35th birthday, he founded and sold two multimillion-dollar companies. Confident he had identified the formula for success, he became a small-business angel […]
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If you want to know what other CEOs will be doing in the years ahead, look at what Craig Larson is doing now. “He’s such a futuristic person; he thinks way ahead of the game, […]
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Is the time right to work on your transition and your next generation of ownership? Over the holidays, many families find themselves talking about the future. “When I retire.” “When you take over.” “You can […]
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A bank doesn’t reach 136 years old without learning to evolve, transition and plan for the future. So it’s probably not surprising that the Baker family of The First National Bank in Sioux Falls became […]
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They’ve been there, done that, and now are sharing their experiences. Three family businesses will share strategies and pitfalls around succession planning at an upcoming webinar through the Prairie Family Business Association. It will be […]
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The way Dave and Ryan Austad see it, the game of golf has stuck. “In 2020, everyone golfed because it was safe. After a dicey March, April and May, the sport just saw an explosion,” […]
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Sioux Falls, South Dakota – November 16, 2021. Prairie Family Business Association, an outreach center of the Beacom School of Business at the University of South Dakota, presented the Boyd Hopkins Sr. Excellence in Family […]
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This year has brought changes in tax laws, which are resulting in higher taxes in many instances. Estate planning and business succession attorney Andrew J. Knutson of Thompson Law and Adam Sweet, who leads Eide […]
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At an age when most people would be retiring, W. Fredrick and Ferne Edney became business owners. It was 1951, and Fredrick had spent a career bringing wind power to rural homes that previously didn’t […]
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Sioux Falls, South Dakota – October 26, 2021. Prairie Family Business Association, an outreach center of the Beacom School of Business at the University of South Dakota, awarded the Edward Shorma Excellence in Family Business […]
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*Part three of a series of stories about Prairie Family Business Association founding members in celebration of our 30th anniversary. If you’re going to work in the water tower business, it helps to appreciate the […]
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