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.
Many small business owners will rely on the proceeds of selling their business to fund their retirement. It’s important to make sure you get the right valuation, says David Cane
Many of us start a business and happily plough our furrow without thinking long-term as to what needs to be done to make it saleable. When I started my practice 35 years ago, my main concern was to make sure that the mortgage was paid at the end of the month, rather than the sale price many years down the line.
Many business owners look no further than their own connections to find a buyer. This can considerably reduce the prospect of achieving a substantially higher price for the company, as you are dealing with one opportunity only. If you engage a reputable sale agent to attract competing buyers, your reward could be anything between two and five times the price originally offered by a single buyer.
You should not include the sale price of your company with advertised details of its operations and financial summaries. Offers should be invited from buyers after they have carried out their due diligence checks. Otherwise you will not know if you have been offered the highest price.
It is important that you are open in your negotiations and do not sweep anything under the carpet, as this will only come back to bite you. This approach enables you to state that a particular aspect of your business needs attention or to be addressed, and this has been taken into account in the price that you are prepared to accept. In fact, it may be something that the buyer can resolve, which in turn could increase the company profits and the value of the business in their eyes.
Like painting and decorating, selling a business is all in the preparation. That means critically reviewing all areas of your business and not just looking at last year's financials. The review should include sales and marketing, margins on sales, supplies, employees and overheads so that all these will withstand the scrutiny of the buyer and not give them the chance to reduce the sale price.
If the business is incorporated, shares in the company are normally sold in exchange for the sale proceeds. This is the simplest and most tax-efficient way. If the buyer wishes to ‘cherry pick’ assets out of your company and leave the company in your ownership, this can be costlier for you from a tax perspective and, sometimes, for the buyer too. Instead, negotiations may encourage the buyer to purchase the company shares at a lower price and still leave you both better off.
Independent Financial Services provide unbiased, independent sound advice on personal and corporate financial planning to FSB members.
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