Archives 2024

The Federation of Small Businesses (FSB) has hit out at HM Revenue and Customs (HMRC), after the tax office launched a new crackdown on thousands of small firms. Speaking to the Independent, FSB National Chairman John Walker warned that HMRC plans to target small and medium-sized enterprises (SMEs) with paperwork spot checks were only likely to add to the pressures already facing businesses and said it contradicted the government’s pledge to cut red tape. “We have spoken to HMRC and expressed our concerns about this a number of times. But as far as they and ministers are concerned it is a policy aim to make this happen,” he explained. “There is a huge difference between the rhetoric of the government about helping small businesses and what it is doing in reality.” Shadow Business Secretary Chuka Umunna insisted that HMRC must adopt an even-handed approach to both large and small companies, pointing out that the Public Accounts Committee recently expressed concern over its “cosy” dealings with big business. Conservative backbencher Priti Patel was also critical of the move, claiming many of her business-owning constituents had approached her with examples of “harassment” from HMRC. If that’s not enough, small business have also been warned this week that conditions are likely to remain turbulent over the coming year, even though confidence remains resilient. Forum of Private Business (FPB) Chief Executive Phil Orford insisted that small and medium-sized enterprises (SMEs) must be aided in their quest for growth if Britain is to avoid a double-dip recession.

However, he suggested there may be some cause for optimism as the new year gets underway. “Clearly 2012 will again be challenging,” he explained. “Confidence is low but, despite the difficulties they face, there is some optimism among small business owners. More than a quarter of our members surveyed recently plan to grow in the next six months.” Mr Orford pointed out that the impending Diamond Jubilee and the London Olympics could provide the UK’s small firms with a timely shot in the arm, and said some SMEs had recently reported some improvement in orders and turnover. Recruitment and Employment Confederation Chief Kevin Green last week predicted that small companies would be the driving force behind the British jobs market in 2012, despite ongoing weakness in the labour market. With working in this way allowing people to earn money in something they love without having to set up their own business, it looks at though the amount of freelancers will continue to increase for some time, or at least until the economy starts to settle down at the very least.

It has been observed that the market of Nokia has been fallen considerably as there are other competitors have captured the new Smartphone market since the inception of smart phones revolution. Nokia has been struggling for its falling market share in India in particular as Samng Sung has offered many other smart phones devices at lowers cost. Therefore, Nokia is looking at new devices and application developers to change its fortunes, according to Nokia officials. Most importantly, Nokia can also adapt to use SEO company service for further promotion of their retail shops. SEO company services are now sorting out different attitude in their business to come up for a good solution in their present business status, so Nokia can make the best use of SEO company services for its best prospect of market gaining needs. Nokia India managing director D Shivakumar said in an interview about the present status of this company, “We will make them all multi-millionaires recently. The success enjoyed by Indore-based Twist Mobile whose seven apps have seen more than 19.3 million users over the last eight months.

We want our partners to be profitable and successful. We show developers the market opportunity because we look at the consumer trend. Because of our insight, we are able to tell developers what they should be working on and we can ensure that the guy makes money. When you do that, most people tend to stick to the same platform and do more for you. Nokia Store has more than 177 developers across the world with more than 1 million downloads, of which 41 are in India.” Sivakumar further said, “On services and applications, we want to be a company which is more local than anybody else in any ecosystem. We will have the best content, we will have the most relevant local content and we will have all the best developers working on the Nokia platform.

UID will be a big enabler. Tomorrow when UID does the KYC, a lot more people will get added into the financial sector. UID will create a huge cycle of growth, which will be around handheld devices and applications, when the API’s are out.” However, Harsh Chitale, the chief executive officer of HCL Info systems said with regard to this, “They filled the gap with dual-SIM phones, which have grown 53% in June to October period compared to January to May period. They also introduced the touch-and type phones, which together with smart phones grew 46%.”