JUNE 4, 2018 - VOL. 54 No. 8

Chair's Column
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Cover Story


Family businesses thrive with careful focus on transitioning through generations

They might be the ultimate experts in work-life balance. Mom or Dad doubles as boss, and the dining room table could just as easily become the boardroom table for hundreds of Sioux Falls-area family-owned businesses.

Navigating those unique dynamics can be as challenging as it is rewarding. Managing to do it for multiple generations has proven impossible for all but a select few.

Several Sioux Falls-area businesses aren't just surviving but thriving. Prairie Family Business Association, which serves more than 200 businesses in five states, calls them solid models that others can emulate.

"The trends I notice about the businesses featured are that these families are dedicating time to working on their business rather than only in the business," executive director Stephanie Larscheid said. "They are in peer groups that help them with critical business and family decisions. They seek out experts and build an effective advisory team around the family and the. . .

Read More.

Read the full issue online

Chair's Column

Dave Kapaska Message from the Chair

Celebrating family-owned businesses is so appropriate for this issue of Chamber News, in this remarkable city, because our history of success as a community is due in large part to our willingness to work together. Like a family. Let me explain.

First, having lived and worked other places, I know Sioux Falls' record of achievement is unique. Our strong neighborhoods, vibrant core, thriving business climate and deep commitment to philanthropy all work together to create a quality of life others want to emulate.

I love that!

Your business's healthy bottom line is a reflection, I believe, of the efforts of countless and largely unseen hands – yesterday and today, past and present – to fashion a city where everyone, no matter their circumstances, gets a fair shot at building a life of meaning and purpose. Like family. . .

Read More.

Other News

A meandering road to a nonmeandered waters solution

FSD: The Airport of Choice in the Region

Applications open this month for next Leadership Sioux Falls class

Zeal Growth Accelerator accepts four start-ups

New Chamber Members

Join the Chamber of Commerce

Members Only Section


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