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Area Economic Forecast

Washtenaw County is poised for economic growth. After weathering the 5-year economic slump, the forecast is encouraging.

Downtown Retail

The holiday shopping season represents a large chunk of sales for many retailers. With a late Thanksgiving, though, there are six fewer days between Thanksgiving and Christmas this year, making this year the shortest holiday season in more than a decade. A recent report by Adobe Digital Index estimated that these lost six days could cost retailers $1.5 billion in lost sales.

Storybook Village

Margaret Baker had the chance recently to read her children’s book, When I was a Girl I Dreamed, at one of the Storybook Village story times. While we were there, we spoke with owners Barbara and Tom Sims. We wanted hear about their dreams for Storybook Village.

Ann Arbor Art Fair

Baker Strategy Group is located on Main St. right in the heart of the art fair. We thought it would be fun to ask people a few questions about their experience this year. Their answers had some interesting variety but also some clear similarities.

Family Business

Article written for http://www.annarborbusinessmagazine.com/

Family business is big business.  They make up 64% of the U.S. GDP and about 2 out of every 3 jobs in the U.S., according to a study by Joseph H. Astrachan and Melissa C. Shanker.

Family businesses are a large part of the U.S. economy, yet their advantages and management challenges can be quite different from public companies.  Inc. magazine defines a family business as “as any business in which two or more family members are involved and the majority of ownership or control lies within a family.”