World Library  
Flag as Inappropriate
Email this Article

Federation of Small Businesses

 

Federation of Small Businesses

Federation of Small Businesses
Abbreviation FSB
Formation 1974
Legal status Not for profit company
Purpose The UK's largest campaigning pressure group promoting and protecting the interests of the self-employed
Location
  • UK wide
Region served UK
Membership Self-employed business owners
Website FSB

The Federation of Small Businesses (FSB) was formed in 1974 and is the UK's leading business organisation representing small and medium sized businesses.

Contents

  • About the FSB 1
  • History 2
  • Lobbying 3
  • Member benefits 4
  • Contacts 5
  • External links 6
  • References 7

About the FSB

The Federation of Small Businesses (FSB) is a not-for-profit organisation that exists to protect and promote the FSB and small businesses. With more than 200,000 members, the FSB is a powerful lobbying organisation representing small firms to national, local and devolved Government.

The FSB also offers its members a comprehensive package of benefits, including a 24-hour legal advice line and free business banking.

As part of promoting small businesses, the FSB is running a series of local awards in each of its regions (e.g. FSB London Awards,[1]), often involving local councils.

History

The FSB was originally known as the National Federation of Self-Employed (NFSE). It was founded in 1974 by Norman Small in response to the introduction of Class 4 National Insurance contributions, which represented an additional tax burden on the self-employed and the owners of small businesses.

Small invited anyone affected by the new tax to attend a meeting in his home town of Lytham St Annes. At that meeting he put forward the idea of an organisation designed to promote the voice of the self-employed.

Similar meetings in other parts of the country followed and within nine months the NFSE had a membership of 25,000 with 200 new members joining every day.[2]

The current name for the organisation was adopted in 1991.

Lobbying

The FSB lobbies Government locally and nationally on behalf of small businesses. It regularly surveys its members to find out their views on the issues of the day.

Issues that the FSB lobbies on include:

  • Banking
  • Late payment
  • Employment
  • Post Offices
  • Parking
  • Pensions

Recent wins include: The introduction of a Government loan guarantee scheme, the Enterprise Finance Guarantee, which is 75 per cent backed by the Government thanks to FSB lobbying. The scheme is aimed at small businesses which are having trouble accessing finance. The Coalition Government also introduced a moratorium on regulation - something the FSB has long been calling for.

Member benefits

The FSB delivers a range of business services to its members, such as:

  • 24-hour legal advice line
  • Free business banking
  • Fuel card
  • Discounts on insurance
  • Factoring services

Contacts

Head Office: 01253 336000

Westminster office: 020 7592 8100

Regions: Regional and branch contacts

External links

  • FSB website
  • First Voice magazine
  • FSB Small Business Directory
  • Department for Business, Innovation and Skills
  • Business Link

References

  1. ^ "FSB London Awards". Retrieved 29 November 2013. 
  2. ^ "A history of the FSB". fsb.org.uk. Retrieved 2007-05-12. 
This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and USA.gov, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for USA.gov and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
 
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
 
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.
 


Copyright © World Library Foundation. All rights reserved. eBooks from Project Gutenberg are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.