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.

10 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.

11 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.

1 year 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.

2 years 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.

2 years 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.

2 years 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.

2 years 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.

2 years 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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