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.
The scourge of late payment is, and continues to be, a mighty problem for the small businesses. Government figures published late last year indicate that small and medium-sized UK businesses as a whole were owed £26.8 billion in late payments.
But on-time payment can be make-or-break and it’s imperative that businesses take steps to secure it. Here are my top tips for getting paid on time:
Unless you do a credit check, you just don’t know whether a client is capable of paying you. There are now online ways to determine the creditworthiness of your business partners in an instant, and also the opportunity to find out if there is any change to a credit rating, so protecting your business even further.
An obvious one, but it is one of the biggest reasons for late payment. It can be tricky to make time for paperwork when you’re caught up with running a business, but invoices can’t be ignored. Schedule time in your calendar to get invoices out quickly and accurately.
Make sure your invoices are professional and well designed, containing all the information your clients’ finance departments (or householders) require, such as purchase order numbers, payment terms and date due. This will help to ensure prompt payment.
Don’t let being busy stop you. If you use an online accounting service, you can set payment reminders for your clients. And don’t just send invoices – direct communication with the person who actually pays you (an accounts department or the householder) is vital. It’s much easier to ignore paper than it is people.
If your invoice clearly states payment terms but a client has not paid them, you could consider a late payment fee. This could be contentious so use it wisely.
Some clients want your work as quickly as possible, so why not explain therefore that payment terms for certain jobs are shorter than the traditional 30 days. It is definitely worth looking at this for emergency work or smaller jobs needed more urgently.
So while the blight of late payment shows little sign of abating, there are clear and simple ways to ensure you don’t fall victim to it.
For information on managing your cashflow through Brexit, click here.
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