2020 Tokyo Olympics cost estimate reportedly comes in 7 times over budget

e 2020 Olympics and Paralympics — to be held in Tokyo, Japan — are estimated to cost seven times more than what was originally budgeted, Japanese newspaper The Mainichi reported on Friday. Hosting the mega-events would cost Japan 801.1 billion yen ($7.03 billion), the report said, citing the country’s Board of Audit. That’s the agency that reviews government expenditure. Japan, the world’s third-largest economy, had earlier estimated that the games would cost around 112.7 billion yen, according to the report. Hosting the Olympics has become an expensive venture, and a number of past hosts…

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5 Ways to Keep Your Small Business in Compliance

As you strive to grow your small business, there is one thing to keep in mind: ensuring its compliance. Each state has its own set of business laws to abide by. If you fail to do what the state requires, you can lose your protections and accrue fees and penalties. Here are five basic things you need to do to keep your business safe. Small Business Compliance Tips Confirm Your Business Is in Good Standing You need to make sure your business is in good standing is important; check to ensure…

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Digital Transformation: A Small Business How-To Guide

By now, most businesses know the hype around digital transformation. I’m often asked what’s really meant by this term, and how small businesses in particular should go about the transformation. To answer those questions, we need to start by debunking a few myths. First, digital transformation isn’t about having a website and ordering online, though those capabilities are often crucial components. Digital transformation is really about deploying the latest technologies to simplify processes a business undertakes, improve and expand services and products it provides and rethink every outcome it seeks…

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Week Plan App Aims to Stop Small Business Owners from Feeling Overwhelmed

Week Plan is a weekly planner and task manager being marketed to small business owners who may feel like they have a bit too much on their plate. The app seeks to ratchet down that overwhelmed feeling by steering you to the tasks that matter most, instead of trying to get everything done. The subscription-based software represents one option for small business owners to improve their time management skills. Small Business Trends spoke with Aymeric Gaurat-Apelli founder of Week Plan to find out how the software works for small businesses. He’s a software engineer…

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65% of Retailers Will Offer Same-Day Delivery by 2019

Small businesses are always looking for ways to have a competitive advantage in the market. Now they are not only competing on price and customer service, but also on speed. According to a recent report by Go People, a Sydney-based on-demand delivery and courier startup, 65% of retailers will provide same-day delivery services by the year 2019. “Globally speaking, same day delivery is no longer just a concept. Instead, it’s the standard practice in many industries nowadays,” writes Nick Hartman, Marketing and Communications Manager for Go People, on the company’s blog. “Fashion retailers,…

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Consumer Email Use Up 17% Over Last Year, Is Your Business Engaging?

The fourth annual Adobe Consumer Email Survey has revealed consumer use is up 17% year over year. This is despite the fact there are now more channels available for consumers to interact and engage with their favorite brands. The survey points out consumers are checking their personal email an average of 2.5 hours on any given weekday. This is in addition to spending an average of 3.1 hours checking their work email. Suffice it to say, email is not going anywhere anytime soon. This includes small businesses looking for an affordable and…

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