succession planning

Father-son team leads insurance benefits company into future

Matt Halvorson never had a career backup plan. The family business calling was that strong. Transitioning into ownership, though, has taken deliberate planning. Here’s how he and his dad are doing it.

5 months ago Views

Next-generation family business leaders: This event is for you

Next-generation leaders in family businesses will find enormous value at a two-day event in September.

5 months ago Views

Family alarm business grows into national leader

A business started decades ago by three Sioux Falls police officers selling alarm systems has grown into a national leader helping keep homes and businesses safe.

7 months ago Views

Muth Electric builds on decades of success with plan for the future

It was somewhere in Vietnam – likely while driving a U.S. Army truck or on guard duty – that Dick Muth made a life-changing decision.

1 year ago Views

Innovative auto mechanic ends up building international business

Dillon Moffatt wasn’t thinking about founding a company back in 1954. The self-taught auto mechanic from Minnesota was just trying to see better under the hood of a car. But his business, Moffatt Products, grew into something much bigger.

1 year ago Views

First National Bank: Behind-the-scenes of a CEO transition

Chris Ekstrum is the first nonfamily member to lead The First National Bank in Sioux Falls in its more than 130-year history. Here’s the story of his CEO transition.

1 year ago Views

Nelson & Nelson CPAs thrives in fourth generation

South Dakota’s oldest homegrown CPA firm now includes clients in more than 25 states and many foreign countries.

1 year ago Views

Family businesses thrive with careful focus on transitioning through generations

Managing to transition a family business for multiple generations has proven impossible for all but a select few. Here’s a look at several Sioux Falls-area businesses that aren’t just surviving but thriving.

1 year ago Views

Fourth-generation business leader emphasizes ‘planning to succeed’

Fourth-generation business leader: “Everything in life takes a sales process, whether it is an idea, a product or a service.”

2 years ago Views

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