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What Is the FSB? How the Federation of Small Businesses Can Help

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If you’re thinking about opening a company or need help with any aspect of your business, you can consider becoming a member of the Federation of Small Businesses. FSB members get free access to various tools and resources, from legal advice to digital marketing and productivity tips, that can help them grow and achieve their business goals. Learn about the opportunities and help that the FSB offers to small businesses.

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What is the FSB?

The Federation of Small Businesses (FSB) is a not-for-profit member-led organisation established over 45 years ago with the mission to provide help and advice to small business owners. It’s the UK’s leading organisation helping businesses grow. It also regularly represents their issues and connects them to local MPs and the government.

Resources offered by the FSB

Members of the FSB have access to comprehensive services and programmes offered by the organisation, including:

Legal and tax advice

Members of the FSB get access to the organisation’s online legal hub with thousands of templates and documents available to them for free. Some of the features of the FSB Legal Hub include resources and advice about employment law, taxes, workplace health and safety or business law. On top of that, their Legal Protection Scheme gives the members access to helplines and tax support services.

Insurance

The organisation’s members also have exclusive access to the FSB Insurance Service, the first company created by the Federation of Small Businesses aiming to provide insurance services to small businesses. This includes both traditional and cyber insurance upgrades and a free insurance advice line.

Funding platform and loans

The FSB Funding Platform is a place where FSB members can find information and get help applying for funding that best suits their business needs. The programme offers 24/7 help from finance experts and advisors who can assist you to find the best financing solutions that will work for you. Some of the funding options the FSB offers are term and property loans, short-term funding or cash flow finance.

Cyber protection

The FSB Cyber Protection offers you resources to learn about and protect from cyber threats and risks. This programme also includes access to helplines and experts providing useful cybersecurity advice. The FSB even offers cyber insurance and up to £10,000 cover for third-party claims or £5,000 for first-party claims to cover losses from a cyber attack.

Crisis management

The FSB PR/Crisis Management offers useful resources on how to effectively approach and handle crisis management for your small business. With this programme, the FSB aims to help its members deal with potentially damaging situations and issues such as accidents at the workplace.

How the FSB can help small businesses

The Federation of Small Businesses offers its members free, on-demand webinars and masterclasses. They also make it easier to learn about and get to know other businesses. Here are some things the FSB can help you with:

1. Learn about business basics

The FSB offers products and advice that allows its members to feel confident in starting and running their businesses. Thanks to their Business Basics resources, you can learn about accepting payment, managing staff, doing taxes, financing and more. They even offer cybersecurity and COVID-19 resources, helping small business owners learn how to eliminate risks and threats for their businesses.

Related: Grow Your Business

2. Find funding

The FSB makes it easier to locate and apply for various kinds of funding that will match your business needs. The organisation offers its members access to the FSB Funding Platform, where finance experts can help you make smart financial decisions for your business.

3. Manage and implement digital marketing strategies

Comprehensive online digital tools offered by the FSB allow business owners to learn about designing and implementing marketing strategies, boosting customer engagement online or the importance of a consistently delivered content strategy.

4. Boost productivity

On top of business and finance-related resources, the FSB offers small business owners productivity tips to boost workplace wellbeing. This includes articles and tips about the importance of physical activity, employee health and wellbeing and how to create an attractive workplace culture.

5. Network

The FSB allows its members to grow their professional network during regular networking events, in-person and online. This allows you to not only get access to business, legal or finance experts and advice, but also to meet other small business owners who have similar goals and ambitions.

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Indeed’s Employer Resource Library helps businesses grow and manage their workforce. With over 15,000 articles in 6 languages, we offer tactical advice, how-tos and best practices to help businesses hire and retain great employees.