Whether you're interested in the smaller business community, are planning to start a business or have an existing business, we have a package for you.
Our most popular package is FSB Business Essentials which includes a whole range of benefits and products designed to make your business fly
A suite of legal benefits including a dedicated helpline, bundled insurance products and a range of online information to keep your business safe. Plus a whole range of negotiated benefits to help save you money and win business.
Our Business Creation package is designed to make starting a business simpler, allowing you time to focus on what's important - making it a success.
Specialist company formation benefits, access to FSB networking, business banking and a range of products to help get you setup in business.
Joining FSB Connect is free and is a great way to be part of the FSB Community and have your voice heard.
You'll be able to access specialist networking events with like-minded members of the community and have your say in our Big Voice survey panel.
Whatever your circumstances, we have a package to suit you and your business. Click the button below to see which benefits are included in each package and start your FSB journey.
'Within a few weeks of joining we'd taken advantage of FSB’s Online Legal Documents. We started a graduate programme and access to these documents gave us an understanding of the legal side, and has helped us to create a number of processes and procedures.'
'When we first took on a member of staff, we used the online legal document template library. FSB does more important stuff than you think it does, there are lots of member benefits, probably more than we actually use.'
'Having somebody like FSB behind you is fantastic. There is a whole team behind the organisations, whatever is required: support, advice, finance, you know that you’re not alone, you’ve got FSB.'
We represent a diverse range of businesses from retailers to marketing agencies and just about everything in between. Take a look at more member stories and see how we could help your business fly.
More Member Stories
We offer three packages to suit your business needs. Joining FSB Connect is free, our Business Essentials package starts at £172.50 in the first year and our specialist Business Creation package has an introductory price of £99 in the first year.
There are many reasons why businesses fail, but often these problems can be solved if management are alert, seek help and act quickly. The following three areas often come up:
This is the most common reason a business underperforms. It occurs when a business fails to adapt to changes in its industry, or to customers’ evolving needs.
An obvious example is Blockbuster Video, which failed to keep up with technological changes and consumer habits. The majority of its customers had moved onto mail order DVDs and video streaming while the business was still operating bricks-and-mortar rental stores.
Overtrading occurs when a business grows faster than it can sustain with its current finance. In practical terms, this typically means sale orders and purchases increasing, but the business runs out of cash to pay its suppliers before the increased sales can be converted to cash. In a worst-case scenario, this can force a profitable business to cease trading.
Overtrading can be difficult to spot early on because the symptoms – an increase in sales and profitability – are positive. Later signs such as monthly additional borrowing or dependency on specific customer payment to make it through the month are typical cash flow problems.
The ultimate reason for a business failing, whatever the underlying problem, is almost always down to it running out of cash; whether due to losses, overtrading or loss of a major client.
When cash becomes an issue you will often find yourself fire-fighting. If the matter is not addressed promptly and managed effectively, the situation will escalate and often result in business failure.
When faced with a working capital problem, you must understand why. Has turnover suffered? Is the business profitable? Is further finance required? Take a step back, identify where the principal problems lie and put a resolution plan in place. At the same time, manage your cash so payments can continue to be made while the underlying problem is addressed.
A cash flow forecast, ideally with a profit-and-loss forecast, detailing each cash inflow and outflow is essential to manage the position. Review each payment, establishing which are essential, which may be delayed and where cost could be cut altogether without adverse effects.
FSB Financial Healthcheck has been providing unbiased, independent sound advice on personal and corporate finance for over 20 years.
National Federation of Self Employed & Small Businesses LimitedSir Frank Whittle Way / Blackpool / FY4 2FE. National Federation of Self Employed & Small Businesses Limited (FSB) is registered in England, number 1263540