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.
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.
'I just felt wow, I want to be part of this organisation so I joined.'
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'What you can save by taking up some of the membership offers will save you your membership fee.'
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 £177 in the first year and our specialist Business Creation package has a fixed price of £133.
There are a variety of different types of business you choose to start, each with their own advantages and disadvantages. Similarly, they each come with their own obligations when it comes to when and how to register your business.
Business registry can be a confusing process, to help ease that confusion we’ve looked at the different types of business and how you register them.
If you are running a small business from home, you will likely register your business one of two ways: as a sole trader, or a partnership. The registry for these types of business are very similar.
All that you need to do as a sole trader is register with HMRC. This registers your business but also binds you to certain responsibilities such as managing your own tax and submitting a VAT return if your turnover exceeds £83,000.
The main benefit to registering as a sole trader is the simplicity. Once you have informed HMRC, you are ready to begin trading. However, your personal assets are unsecured through this route, meaning that any debt or claims made against you may be settled from your own pocket.
In a partnership, you register with the HMRC, however you are also required to choose a nominated partner for the business.
The nominated partner is responsible for managing the partnerships tax returns and business records. The partners of a business split the profits between themselves and are responsible for paying their own tax on their share.
A partnership could ease some of the burdens through each partner having their own skillset - creating a well-balanced team – or through providing a larger amount of financial support, which is known as a sleeping partner.
To register your business as a Limited Liability Company is slightly more complex. If you open an LLC, your business is a separate legal entity, and your personal and business assets are also separate. Because of that separation, you must register your business with Companies House alongside registering with HMRC.
The additional information you will need to register as an LLC is:
All shareholders – even if there is just one – need to write and sign a memorandum and articles of association, which state your agreement to run a business and sets out rules for how the company is run. The final step is to register for corporation tax within three months of starting your business.
If you are also a shareholder in your company, you can choose to pay yourself a smaller salary but pay dividends from company profit. As dividends are taxed differently to salary, you will pay less tax overall. The second major benefit can be taken from the name: limited liability. If any significant debt is incurred, or large claims made against you, your personal assets are safe.
There are a many aspects to consider when it comes to what style of business suits you best, and it is certainly a topic you want to give due consideration to.
FSB Business Creation provides people looking to establish their own business access to a range of services designed to help and support new start-ups. This includes help with the process of business registry and company formation.
FSB Business Creation also includes access to:
To find out more about how you could benefit from FSB Business Creation get in touch with a member of the team or visit our FSB Business Creation page.