Prairie Family Business Association
We are the premier resource for helping family businesses thrive for generations. Visit fambus.org
Prairie Family Business Association is the premier network of resources to help family businesses thrive for generations. We provide family businesses with the tools to grow, engage, transition, and prosper through high-quality education, networking, and collaboration. Founded in 1992 as an outreach center to the University of South Dakota Beacom School of Business Professionals, the Prairie Famil
Join us as we celebrate the enduring stories of family businesses on our Family Business Connection podcast. 🎙️
In this episode, we sit down with Jake Quasney, Chief Operating Officer, and Becky Word, Chief of Staff for Lloyd Companies.
As pivotal non-family leaders, Jake and Becky offer a unique view on the evolution of the Lloyd family's succession planning. They share the crucial role employee feedback played in refining the company's strategies and the significant impact it had on the formation of a governance board.
This episode is a must-listen for any family business navigating their succession planning or establishing a board of directors.
Don’t miss this insightful discussion — listen to the full episode at bit.ly/4aEkMN0, on our website at fambus.org/podcast, or on your favorite podcast platform.
And thank you to our episode sponsor, Kyle Kangas of @ VTH works, an EOS Implementor who helps family businesses gain vision, get traction and become healthy.
Thrive for Generations.
Stepping into a leadership role is an exciting challenge, and we're here to support your journey!
Join us for our transformative Next Generation Retreat with Jenny and Katie from Next Gen Collaborative. This event is designed to connect you with fellow emerging leaders, where you'll cultivate the essential skills for your future success.
Set your sights on Keystone, SD, from October 1-3. Open to both members and non-members — this is an opportunity you won’t want to miss!
Secure your spot today at fambus.org/nextgen.
Thrive for Generations.
We've been working diligently behind the scenes, and we're excited to unveil our latest project to our community!
Our website — fambus.org — received a makeover to enhance your experience. It's even more user-friendly and better reflects our focus on you, our members.
Explore the updated site and share it with your family, friends, and business associates—there are countless resources at your fingertips.
Thrive for Generations.
fambus.org
Don’t take our word for it, listen to our members! ✔️
Hear long time Dave Moffat of Moffat Products share his invaluable advice and top tip for new and prospective Prairie Family Business Association members.
"Think of the Association as a swimming pool and dive in" says Dave 🤿
Find the full clip here and keep an eye out for an upcoming bonus tip where Dave will uncover the details of what you can expect when joining PFBA 👀
We’ve spent the last three decades assisting family businesses in all stages as they lead, plan, and grow into the next generation. Learn more about our membership options and join us today at fambus.org/membership
07/08/2024
Almost 25 years ago, Bob Pope received word that the strategic consulting office he worked for in North Dakota would be shutting down in 30 days.
That bad news blossomed into an impressive family business success story for the Pope family, who founded Nexus Innovations on July 1, 2000. They'd dreamed of owning their own business for years, and both were ready for a change.
Today, Nexus Innovations has a robust presence across the Upper Midwest, with offices in Bismarck and Fargo and a team of 23 consultants, supplemented by contractors for various projects.
Learn more about their inspiring journey at bit.ly/3xD6TRM.
And don't forget to tune into our recent episode of Family Business Connection featuring Lorie Pope at bit.ly/4bllU8K and anywhere you listen to podcasts or on our website at fambus.org/podcast.
Thrive for Generations.
fambus.org
07/05/2024
Do you know the Top 5 industries where our family business members are making an impact? Take a guess (and then swipe to find out if you're right)!
In our next 2024 Snapshot, we're giving you a glimpse into the diverse range of industries represented in our members and the influence we have both across the U.S. and within these sectors.
Swipe to discover: Top 5 industries represented by our this year ➡️
Thrive for Generations.
fambus.org/membership
This summer, we're catching you up on some of our favorite episodes of Family Business Connection. 🎙️
In this one, we sat down with PFBA member Lorie Pope, Co-President of Nexus Innovations, to explore the compelling family story behind their success of a technology business that values relationships above all.
She reflects on how the family ethos influences everything from the company's culture to its succession plan, making it more than just a tech business. Her personal passion not only sets the foundation for operational excellence but also shapes a legacy that resonates throughout the company.
🎙️ Listen to the full podcast at bit.ly/4bllU8K. Or catch this one (and access all our episodes) on your favorite podcast platform or our website at fambus.org/podcast.
And special thanks to this episodes sponsor: @ EOS worldwide, a proven system of simple and practical tools used by entrepreneurial leaders globally.
Thrive for Generations.
Join at fambus.org/membership
06/26/2024
You've got mail! 📩 Our 2024 summer edition of The Family Business Connection is headed to your mailbox.
Explore the top family business stories of the year in our special issue of the Connection. Discover the inspiring journeys of our members and learn what made this past year truly remarkable for them and for PFBA.
Plus other exciting news like our very own South Dakota earning the title of #1 state for Family Business (for the 2nd year in a row!)
Keep an eye out for this edition in your mailbox or access it online at bit.ly/Summer24Connection.
Not a member yet but interested in getting a copy? Drop us a message, and we’ll send one your way!
Thrive for Generations.
fambus.org
🎙️ Did you catch the Family Business Connection podcast episode with Jenn Barlund and Kyle Bender of Falcon Plastics?
In this episode, they discussed the mentorship strategies they used to prepare for their current leadership roles and the importance of communication in a Gen2 to Gen3 transition.
Listen to the full episode to hear how Jenn and Kyle evolved from paper shredders to true leaders in the family business. Found anywhere you listen to podcasts or on our website at fambus.org/podcast.
To learn more about Falcon Plastics and take a deeper dive into injection molding, visit falconplastics.com. And explore even more about this family business in a featured webinar at bit.ly/3UjTiHD.
Remember, you can catch up on the Family Business Connection anywhere this summer—by the pool, at the beach, in the car, or on a plane. We'll be featuring highlights from spring episodes you may have missed, along with brand-new content!
So sit back, be inspired, and Thrive for Generations.
06/24/2024
Every family business, no matter its size, finds a home at PFBA!
Our annual snapshot reveals insights about Prairie Family Business Association, our member base, and our progression. And the latest highlight from our 2024 Snapshot reveals the varied company sizes among our family business members.
We’re dedicated to supporting family businesses of every scale, providing a unique peer network that truly understands your challenges—plus the vital support needed to fuel your growth.
Stay tuned as we unveil more key points from our 2024 snapshot in the upcoming months. Be a part of this representation.
Discover more about our Association and join our thriving community at fambus.org/membership.
06/20/2024
In less than a week you will have the opportunity to learn from Dr. Tom Epperson on helping the family enterprise thrive and creating strategic alignment within the senior leadership team.
The 60-minute webinar will explore the interconnectedness of the three circles:
🔘 Ownership
🔘 Family
🔘 Business
Don't miss out on your chance to gain invaluable insights from one of our incredible family business experts. Learn more and register to attend at bit.ly/3QVmQsY
Thrive for Generations.
fambus.org
06/18/2024
Welcome New Member!
Meet the Keating family of Keating Resources.
Keating Resources acquires and develops real estate on a nationwide basis, with a focus in Florida, Nebraska, North Dakota, South Dakota, Texas, and Wyoming.
Founded by Gerard Keating in 2004, the legacy of Keating Resources is woven from six generations of Keatings who lived and are living the American dream; a dream of freedom and the opportunity to fail or succeed and make an earned living. Today, the company is led by Gerard and his son Alec.
Learn more at keatingresources.com.
If you're looking for family business resources, our association is here to support you at all stages of your journey.
Discover the benefits of a PFBA membership at fambus.org/membership
06/17/2024
Congratulations to YOU 🎉
For the second year in a row, we celebrate South Dakota having the highest percentage of family-owned businesses among all states in America!
According to a recent study by OnDeck using data from the U.S. Census Bureau, 41.52% of businesses in South Dakota are family-owned.
At Prairie Family Business Association, we're privileged to champion the growth and progress of family businesses, both in South Dakota and throughout the nation!
Learn more about our efforts to support and guide family businesses in our recent article bit.ly/4bTliYS.
Thrive for Generations.
fambus.org/membership
06/13/2024
Join us for a special Father’s Day episode on the Family Business Connection Podcast! 🎙️
We're excited to welcome Paul Steffes, Founder and Innovation Advisor of Steffes, based in Dickinson, North Dakota.
In this innovation-centric episode, Paul delves into the values that shape his roles as a father, spouse, and grandfather, and how these principles are woven into the fabric of Steffes. He’ll also uncover the family’s unique approach to business operations through the OBM Model—Owner, Board, Management—and the synergy that drives their unified success.
Tune in to gain valuable insights that could enrich your own family business and take a moment this Father's Day weekend to celebrate the pivotal men in your family business.
Find this inspiring episode at bit.ly/45jO8PN, on your favorite podcast platforms, or directly at fambus.org/podcast.
A special thank you to Paul Steffes for joining us and sharing his deep passion, vision, and values in leading his family business.
Thrive for Generations.
fambus.org
06/12/2024
Another event, another chance to support and empower family-owned businesses!
Last week, Peter Hauck, Assistant Director of PFBA, and Mason Van Essen, Business Development Manager of PFBA, participated at the North Dakota Bankers Assn/ South Dakota Bankers Association Annual Convention.
Throughout the event, Mason and Peter represented PFBA as exhibitors, educating bankers from the region on how our programs at Prairie Family Business Association can enhance their businesses and support family enterprises.
Thrive for Generations.
fambus.org/membership
06/10/2024
Welcome New Member!
Meet the Dourson Family of Red River Gorgeous.
The Dourson family owns a short-term rental business in the Red River Gorge, Kentucky, consisting of on and off-grid wilderness cabins and treehouses. Red River Gorgeous has been renting cabins in the Red River Gorge geological area for nearly thirty years. They are one of the few companies that have cabins available right in the National Forest.
Pictured: Husband and Wife (Aaron and Amy Dourson), and children Finn (10 years old), Teagan (7) and Leland (5).
Learn more at rrgcabin.com
If you're looking for family business resources, our association is here to support you at all stages of your journey.
Discover the benefits of a PFBA membership at fambus.org/membership
06/06/2024
It's Throwback Thursday -- Dakota News Now edition!
In this clip, member Jenn Barlund (G3) of Falcon Plastics talks about the value in Prairie Family Business Association programs and how their family business utilized them in the transition from 2nd to 3rd generation.
Tune in to watch the full Dakota News Now segment at bit.ly/4aO7mhI.
Thrive for Generations.
fambus.org
06/04/2024
Mark your calendars! 🗓️✔️ You don't want to miss our next webinar on helping the family enterprise thrive.
Our June webinar will focus on the senior leadership team and how to create strategic alignment within, led by Dr. Tom Epperson, President of InnerWill Leadership Institute.
In just an hour, this webinar will dive into the interconnectedness of the three circles (Ownership, Family, and Business) and focus on how to ensure the family enterprise has the leadership horsepower to deliver on strategy.
Save your spot today. Learn more and register to attend at
bit.ly/3QVmQsY
Thrive for Generations.
fambus.org
06/03/2024
At Prairie Family Business Association, we actively embrace opportunities to educate families about family business transitions and assist them in navigating these transitions smoothly.
Last month, Executive Director Stephanie Larscheid had the honor of speaking at the South Dakota Dental Association Annual Session on "Keeping the Business in the Family". During this discussion, Stephanie shared tactics and strategies to ensure a smooth business and family transition.
The audience included not only owners of dental businesses but also additional family enterprises. This mix of backgrounds led to insightful conversations on business succession across different industries. Stephanie shared her key takeaways for all in attendance: "Succession principles are the same regardless of industry: communication, family meetings, open and honest sharing and working on your plan for a number of years before executing."
To learn more about our programs and all of the ways we can assist your family business, head to fambus.org/membership.
Thrive for Generations.
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 behind forming Next Gen Collaborative, a coaching and consulting firm focused on empowering next-generation family business leaders to craft their own narrative within the family business legacy.
Katie and Jenny were keynote speakers at our 32nd Annual Family Business Conference last month where they shared their insights + most helpful tips for transitioning into ownership of your family business.
"I am always having to honor what someone else created -- the stewards of someone else's history" says Katie.
Read the full article about these two incredible entrepreneurs and twin sisters at bit.ly/4auer6w
Take advantage of the early bird discount for the Next Gen Retreat in the Black Hills of South Dakota in October. Take $100 off registration before May 31st. Save your spot at fambus.org/nextgen
Thrive for Generations.
05/24/2024
Welcome New Member!
Meet the Van Buskirk Family of Van Buskirk Companies (VBC).
VBC was established in 1971 by Myron Van Buskirk, and, to this day, the family-operated business is considered one of the most respected real estate development and commercial construction companies in the Sioux Falls area.
With Myron mostly behind the scenes these days, his three sons continue to model the same values of leadership and integrity while operating VBC.
To date, Van Buskirk Companies has developed twenty one neighborhoods, sold over 3,000 home sites, built and managed over a million square feet of commercial space, and has been responsible for creating some of the region’s most in-demand commercial properties, including Lake Lorraine and The Bridges at 57th Street.
Learn more at vbclink.com
If you're looking for family business resources, our association is here to support you at all stages of your journey.
Discover the benefits of a PFBA membership at fambus.org/membership
In our ongoing exploration of the deeper meaning behind "Thrive for Generations," we're excited to connect with Scott Stern, an Advisory Board Member of Prairie Family Business Association and the President of Stern Companies, an oil & energy firm based in Freeman, South Dakota.
"Prairie Family Business Association is so vital because their mission is not just to help family businesses survive but their mission is to help them thrive and that's really a noble calling and why I'm honored to be a part of Prairie Family Business Association."
Discover your 'Why PFBA' at fambus.org/membership.
Thrive for Generations.
05/20/2024
This Wednesday, hear from guest presenter Jude Rake on, "How Servant Leaders Achieve Better Results" at our May webinar.
Jude's career has included leadership roles at many Fortune 500 companies as well as roles as a key non-family C-suite leader. Today, he uses that experience to help family-owned businesses, private boards, chief executives, and leadership teams achieve improved results and sustainable growth.
In his interactive presentation, Jude will touch on your most requested topics: communication, culture, innovation, leadership, strategy, and succession. He's here to help family business owners and leaders stay ahead of the leadership curve.
Register to attend at bit.ly/3vkaWRH.
Thrive for Generations.
fambus.org
05/17/2024
“A successful conference is when a family leaves the conference and says, ‘We can do this; we can put in the work and communication to make this business last through the next generation,’” said Stephanie Larscheid, executive director of Prairie Family Business Association.
Prairie Family Business Association’s Annual Conference filled to capacity once again this year, drawing more than 350 family business members from 16 states and an additional 150-plus attending virtually.
In a recent article, our PFBA team members share their favorite highlights and key takeaways from the conference.
Swipe to see insights from Stephanie Larscheid -- Executive Director, Callie Tuschen -- Office Manager, Mason Van Essen -- Business Development Manager and Peter Hauck -- Assistant Director.
Read the full article at bit.ly/3K0uPkH
📣 And don't forget! Our 33rd Annual Family Business Conference is now OPEN for registration with a limited time discount until May 20. Register at fambus.org/2025
📣 Last chance! Our early bird pricing for the 2025 Family Business Conference expires on May 20th!
The 33rd Annual Family Business Conference will be your biggest opportunity to connect and network with other family business leaders while learning from industry experts -- helping you to truly Thrive for Generations.
Plus, an expanded facility to host more family businesses than EVER before.
Register today for $100 off your ticket: fambus.org/2025.
05/14/2024
We are only a week away from our next family business webinar, "How Servant Leaders Achieve Better Results" with guest presenter Jude Rake, and we want YOU to join us.
Jude Rake is the founding principal of JDR Growth Partners, a consulting
firm that helps family-owned businesses, private boards, chief executives, and their leadership teams achieve improved results and sustainable growth.
With the ever-evolving landscape of family business dynamics, the leadership bar is being raised now more than ever. In this webinar, Rake will discuss how family business owners and leaders can stay ahead of the inevitable curve.
Register to attend at bit.ly/3vkaWRH.
Thrive for Generations.
fambus.org
05/13/2024
We're thrilled to begin unveiling highlights of our 2024 snapshot – offering you insights into our achievements and milestones at Prairie Family Business Association.
To kick things off, we're proud to announce that we've grown to encompass 266 remarkable PFBA members!
And for us, these are not just numbers. They represent 266 family-owned businesses who have placed their trust in us to provide guidance, support, and a pathway to success for themselves and future generations.
Our relentless focus and passion is to foster a culture of support and empowerment for family businesses, ensuring their enduring success.
Explore more about our Association and become a part of our thriving community at fambus.org.
Join us today!
Thrive for Generations.
05/09/2024
We're thrilled to announce a special Mother’s Day edition of our podcast, Family Business Connection. This episode celebrates the crucial role women play in family enterprises.
Join Stephanie Larscheid, Executive Director of Prairie Family Business Association, as she engages in conversation with Mary Jo Minor, President of Mills Property Management .
In this episode, Mary Jo shares the similarities and differences between transitioning from G1 to G2 and G2 to G3 in her family business. She discusses her deliberate approach to leading her family and business through shared values and work ethics.
As Mother’s Day approaches, Stephanie and Mary Jo explore Mary Jo’s position as the matriarch of her family business and her deep commitment to this integral role.
Tune in to gain valuable insights that could benefit your own family business and take a moment to honor the women in your family business this holiday weekend.
You can find this episode at bit.ly/3UAdF2h and anywhere you listen to podcasts or on our website at fambus.org/podcast.
Thrive for Generations.
fambus.org
05/08/2024
At the 32nd Annual Family Business Conference last month, we were honored to present the prestigious Lloyd All In award to the VanLiere Family of Industrial Machine & Engineering.
The VanLiere Family not only excels in their family business but has also jumped "all-in" to the Prairie Family Business Association programs expanding their knowledge and commitment to their family and business.
"The family participated in their first family business conference in 2021 and has not looked back — as they have proceeded to further their commitment to their family business with each passing year."
Join us in celebrating the VanLiere Family for their outstanding dedication. Learn more about all of our award winners this year in this article: bit.ly/4aMamfc.
Thrive for Generations.
05/06/2024
Add this to your calendar 🗓️ (and read for a discount!)
As a Next Generation family business leader, you face a unique challenge. Positioned at the crossroads of your family’s legacy and your own future, you’ve been tasked with writing a sequel to your family’s business success story.
That's why we're proud to announce the 2024 Next Generation Retreat led by sisters Katie Rucker and Jenny Dinnen of Next Gen Collaborative.
This event will help you with:
✔️ Family Business Dynamics
✔️ Leadership & Communication Skills
✔️ Enterprise Roles & Responsibilities
✔️ Peer Connections
Registration is live now. The early bird discount of $100 off expires May 31st. Save your spot at fambus.org/nextgen
Thrive for Generations.
Click here to claim your Sponsored Listing.
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Contact the organization
Telephone
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Address
4801 N Career Avenue
Sioux Falls, SD
57107
Opening Hours
| Monday | 8am - 5pm |
| Tuesday | 8am - 5pm |
| Wednesday | 8am - 5pm |
| Thursday | 8am - 5pm |
| Friday | 8am - 5pm |
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