Prairie Family Business Association

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

Business blooms as Medary Acres Greenhouses enters third generation

Medary Acres Greenhouses has grown from a single small greenhouse to 12 greenhouses selling tens of thousands of hanging baskets, annuals, perennials, vegetable plants and more.

2 years ago

Brother-sister business owners navigate second-generation leadership

After starting more than 40 years ago in Bonesteel as a Redi-Mix plant, Divine Concrete Inc. has grown into a full-service concrete contractor in its second generation of family ownership.

2 years ago

Next generation takes over leadership at J&L Harley-Davidson

Meet Jimmy and Joe Entenman — the new generation leading their family business, J&L Harley-Davidson.

2 years ago

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

Growing family steel business starting transition planning early

It all started in the back of an industrial machine shop in a Sioux Falls industrial park. But 47 years later, P&M Steel has grown to a 7.5-acre full-service steel fabricator serving customers in a 100-mile radius.

2 years ago

After 80 years, Reptile Gardens keeps growing

Learn the story behind Reptile Gardens.

3 years ago

Naval commander: ‘The more control I gave up, the greater command I got’

He was 36 – the youngest commander in the fleet – and leading a ship plagued with low morale, high turnover and terrible performance evaluations. No one expected much improvement. Except Mike Abrashoff.

3 years ago

Global expert shares advice for family businesses

Hear from Charlotte Lamp, a third-generation family member and shareholder in Seattle-based Port Blakely Cos. who has done global research on family-business governance and will speak March 30 in Sioux Falls.

3 years ago

Tabasco CEO shares ‘secret sauce’ behind family business

Meet Tony Simmons, the CEO of Tabasco-maker McIlhenny Co., who will speak March 30 at Prairie Family Business Association’s annual conference.

3 years ago

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