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.
'I just felt wow, I want to be part of this organisation so I joined.'
'Having someone there like the FSB who you can just call on for those other things you’re not quite sure on, it’s been invaluable.'
'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 £172.50 in the first year and our specialist Business Creation package has a fixed price of £129.
Making major changes to a business can take a variety of forms, which can be carried out for a number of reasons.
You might need to downsize due to a changing market, relocate to save money, or restructure to reflect changes in the way your business operates. Whatever the reason, there are things to consider when restructuring. To help, this blog explains how to restructure your business.
There are several reasons why you might restructure your business, which come with different issues to consider.
You might be reducing the size of your business. This could be due to changes in the market, a lack of demand, or making the business easier to manage.
Downsizing might involve removing specific services from your business to streamline your offering. Or it might mean reducing your workforce to save on wage bills in the face of decreasing demand.
Part of this might mean that you decide to reassign staff to other departments, or sell unused equipment. Or you might even have to consider the possibility of making redundancies. These things can help to ease a financial burden on a business. But when considering downsizing, it’s important to consider if this is the right move for you, as it might be that your business has peaks and troughs in terms of the amount of work coming in. Downsizing during a quiet period might also result in you being unable to fulfil demand for your services when business picks back up.
Part of your restructuring might involve moving an element of your business to a new location. This could be new premises which accommodates new services, or it could be that you move a production process overseas. As with downsizing, your employees should become a major consideration at this point: Do you offer them the option to potentially relocate as an alternative to redundancy, for instance?
Your management team might be changing. For instance, a director could be retiring or leaving the business.
In this case, you should assess how their duties are going to continue. Are they amalgamated into other roles or will that staff member be replaced, for instance?
Regardless of the reason, there are key aspects to focus on when restructuring your company.
Clear purpose – You should be certain that restructuring is the only option available to you. It can be hard on a business and its staff to undergo drastic changes, so ensure that you’re positive restructuring is for the best.
Clear communication – Restructuring can be confusing. So it’s important that you make sure you staff, suppliers and anyone else who stands to be affected by the changes is kept informed of what is going on. This is especially important in the event that staff are going to be made redundant. Failure to communicate properly during this time can lead to staff taking your business to an employment tribunal, with a significantly higher chance of winning a claim against you.
Consider your options – Any restructuring should require a degree of planning and legal documentation. For example, if a director leaves your company, and they originally had some degree of ownership of the business, this might need to be changed. This could change the degree of ownership for a business, especially if this was a partnership. This might also mean you need to change the way your business is taxed, for instance, if the person leaving is your nominated partner responsible for filing tax information.
Looking at the options available to you and finding the right way to restructure your business, without running afoul of the law, isn’t always easy.
At FSB, we aim to help businesses and their owners, going through business changes that can involve legal proceedings, by providing access to our employment protection and law advice service. This service gives you access to:
Our FSB Employment Protection service is included as standard with our FSB Business Essentials package. To find out more about how we could help your business, please visit our FSB Employment Protection page. Or to see how else we could help your business, take a look at our package comparison page.
A wealth of important information and advice, available online in-case you face dismissal or discrimination claims and employment tribunals.