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Firms were randomly assigned to one of three groups: (1) control, (2) record-keeping encouragement, or (3) record-keeping plus fortnightly business analytics (the ``Performance Report'')---simple summaries of key business metrics over time. After one year of these interventions, we find that receiving the Performance Report leads to substantial increases in profits, sales and the value of inventory alongside improvements in the accuracy of owners' knowledge of their own sales, inventory management and the quality of record-keeping. In contrast, encouraging record-keeping alone has no measurable effect, suggesting that merely keeping records is not sufficient to improve business outcomes. Our findings indicate that efforts to support microenterprises should move beyond record-keeping training and provide tools to enable business owners to understand and monitor their business performance over time.", "occurrence_notes":null, "guid":"152050-21912767@events.umich.edu", "permalink":"http:\/\/events.umich.edu\/event\/152050", "building_id":"1005177", "building_name":"North Quad", "campus_maps_id":"553", "room":"4325", "location_name":"North Quad", "has_livestream":0, "cost":"", "tags":["Economics","seminar","Development"], "website":"http:\/\/www.lsa.umich.edu\/econ", "sponsors":[ { "group_name":"Department of Economics", "group_id":"3302", "website":"http:\/\/www.lsa.umich.edu\/econ" }, { "group_name":"Economic Development Seminar", "group_id":"3557", "website":"" }, { "group_name":"Department of Economics Seminars", "group_id":"3566", "website":"" } ], "image_url":"https:\/\/events.umich.edu\/media\/attachments\/2026\/09\/event_152050_original-1.png", "styled_images":{ "event_thumb":"https:\/\/events.umich.edu\/media\/cache\/event_thumb\/media\/attachments\/2026\/09\/event_152050_original-1.png", "event_large":"https:\/\/events.umich.edu\/media\/cache\/event_large\/media\/attachments\/2026\/09\/event_152050_original-1.png", "event_large_2x":"https:\/\/events.umich.edu\/media\/cache\/event_large_2x\/media\/attachments\/2026\/09\/event_152050_original-1.png", "event_large_lightbox":"https:\/\/events.umich.edu\/media\/cache\/event_large_lightbox\/media\/attachments\/2026\/09\/event_152050_original-1.png", "group_thumb":"https:\/\/events.umich.edu\/media\/cache\/group_thumb\/media\/attachments\/2026\/09\/event_152050_original-1.png", "group_thumb_square":"https:\/\/events.umich.edu\/media\/cache\/group_thumb_square\/media\/attachments\/2026\/09\/event_152050_original-1.png", "group_large":"https:\/\/events.umich.edu\/media\/cache\/group_large\/media\/attachments\/2026\/09\/event_152050_original-1.png", "group_large_lightbox":"https:\/\/events.umich.edu\/media\/cache\/group_large_lightbox\/media\/attachments\/2026\/09\/event_152050_original-1.png", "event_large_crop":"https:\/\/events.umich.edu\/media\/cache\/event_large_crop\/media\/attachments\/2026\/09\/event_152050_original-1.png", "event_list":"https:\/\/events.umich.edu\/media\/cache\/event_list\/media\/attachments\/2026\/09\/event_152050_original-1.png", "event_list_2x":"https:\/\/events.umich.edu\/media\/cache\/event_list_2x\/media\/attachments\/2026\/09\/event_152050_original-1.png", "event_grid":"https:\/\/events.umich.edu\/media\/cache\/event_grid\/media\/attachments\/2026\/09\/event_152050_original-1.png", "event_grid_2x":"https:\/\/events.umich.edu\/media\/cache\/event_grid_2x\/media\/attachments\/2026\/09\/event_152050_original-1.png", "event_feature_large":"https:\/\/events.umich.edu\/media\/cache\/event_feature_large\/media\/attachments\/2026\/09\/event_152050_original-1.png", "event_feature_thumb":"https:\/\/events.umich.edu\/media\/cache\/event_feature_thumb\/media\/attachments\/2026\/09\/event_152050_original-1.png" }, "occurrence_count":1, "first_occurrence":21912767 } , "154000-21917010": { "datetime_modified":"20261023T153102", "datetime_start":"20261105T143000", "datetime_end":"20261105T163000", "has_end_time":1, "date_start":"2026-11-05", "date_end":"2026-11-05", "time_start":"14:30:00", "time_end":"16:30:00", "time_zone":"America\/Detroit", "event_title":"Korean Performing Arts Initiative | Ensemble PHASE Masterclass with Sinaboro", "occurrence_title":"", "combined_title":"Korean Performing Arts Initiative | Ensemble PHASE Masterclass with Sinaboro: Ensemble PHASE", "event_subtitle":"Ensemble PHASE", "event_type":"Workshop \/ Seminar", "event_type_id":"21", "description":"Join us for a special masterclass with Ensemble PHASE and Sinaboro, the University of Michigan\u2019s Korean percussion ensemble!\n\nThis masterclass offers Sinaboro members an opportunity to learn from Ensemble PHASE\u2019s innovative approach to Korean traditional performing arts, exchange musical ideas, and explore new possibilities for performance and collaboration.\n\nThe public is welcome to attend as audience members! Come experience this unique opportunity to witness musical exchange and artistic learning in action.\n\nWe look forward to seeing you there!\n\nEvent Poster: https:\/\/myumi.ch\/nVJ45\n\n*If there is anything we can do to make this event accessible to you, please contact us at outreachkorea@umich.edu. Please be aware that advance notice is necessary as some accommodations may require more time for the university to arrange.*", "occurrence_notes":null, "guid":"154000-21917010@events.umich.edu", "permalink":"http:\/\/events.umich.edu\/event\/154000", "building_id":"1000440", "building_name":"Earl V. Moore Building", "campus_maps_id":"52", "room":"Britton Recital Hall", "location_name":"Earl V. 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