Federation of Small Businesses

The Federation of Small Businesses (FSB) is a UK business organisation representing small and medium-sized businesses. It was formed in 1974 as the National Federation of Self Employed (NFSE).[1] The current name for the organisation was adopted in 1991. It is registered with Companies House as The National Federation of Self Employed & Small Businesses Limited (company number 1263540).[2]

Federation of Small Businesses
National Federation of Self Employed & Small Businesses
The New FSB Logo as of 2016
AbbreviationFSB
MottoExperts in Business
Formation1974
Registration no.1263540
Legal statusNot for profit company
PurposeMembership body for small businesses and the self-employed
HeadquartersBlackpool, England
Location
Membership (2016)
>160,000
National Chairman
Mike Cherry
National Vice Chair Internal Affairs, FSB
Melanie Ulyatt
National Vice Chair Policy and Advocacy, FSB
Martin McTague
Alexis Lay, Gary Lovatt, Ian O’Donnell, Peter Davys, Stephen Askew, Terry Lockwood
Main organ
Board of Directors
SubsidiariesFSB Publications Limited, FSB Recruitment Limited, FSB Sales Limited, F.S.B. (Member Services) Limited, FSB Gold Club Limited, Keep Trade Local Ltd, Real Life Entrepreneurs Limited
Revenue (2016)
£25.6M
Staff (2016)
211
WebsiteOfficial website
Formerly called
National Federation of Self Employed

FSB is a member-led, not-for-profit and non-party political organisation.[3] FSB is a lobbying organisation representing small firms and the self-employed to UK, national, local and devolved government.[4] FSB offers its members a range of benefits, such as a 24-hour legal advice line and free business banking.[5]

Structure

The current National Chairman of FSB is Mike Cherry OBE who was elected on 19th March 2016 [6]

In 2017 FSB had 184 branches around the UK and these were grouped into 33 regions.[7] Each branch and region has its own committee. In addition, there is a national committee which includes representatives from each regional committee.[8]

In January 2018, FSB's Board of Directors altered the organisation's volunteer structure by switching from elected Branches & Regions to an unelected, ad-hoc approach to local lobbying & representation. This necessitated changes to FSB's National Council which now comprises 12 appointed representatives, selected from the 9 English regions and the 3 devolved countries.

Lobbying

FSB's past political lobbying activities have led in its own opinion to a number of benefits for small businesses,[9] such as:

  • Repeatedly overcoming attempts to impose unreasonable National Insurance Contributions
  • The introduction of enhanced capital allowances and flexible working hours
  • The reduction or removal of Corporation Tax for small limited companies
  • VAT reform in the form of a flat rate scheme for small businesses
  • An end to automatic fines for incorrect filing of VAT returns

Membership

FSB is a member-led federation. Membership criteria are as follows:[10]

  • Self-Employed or the owner, partner, or director of a business (or businesses) Based in the United Kingdom
  • Fewer than 250 employees.
  • Agree to the Members' Code of Conduct[11]
  • Not barred from membership

The membership was 185,000 in 2006 and >160,000 in 2016.[12][13] The membership is 200,000+ if Joint, Associate, Retired, Connect and Business Creation (pre-start-up) affiliates are included.[14][15]

Small Business Index

The FSB Small Business Index measures confidence among small firms.[16] The FSB SBI has been quoted by the Bank of England,[17] the BBC,[18] Economia,[19] and EADT.[20]

The current logo for the organisation was adopted in November 2015. The costs of this re-branding was £0.3M[21] and took well over a year to complete including a complete re-branding of the FSB Website.

See also

References
  1. "History". Federation of Small Businesses. Archived from the original on 2017-07-04. Retrieved 2017-07-03.
  2. FSB Annual Report 1991. FSB. 1991.
  3. "About the FSB". Federation of Small Businesses.
  4. "FSB Lobbying". Federation of Small Businesses.
  5. "FSB Member Benefits". Federation of Small Businesses.
  6. https://www.yorkshirebusinessdaily.co.uk/2016/03/23/small-businesses-elect-new-fsb-leaders/
  7. "FSB Annual Report 2016" (PDF). Federation of Small Businesses.
  8. FSB MSP. FSB. 2016.
  9. "FSB Policy Issues". Federation of Small Businesses.
  10. "Membership Requirements". Federation of Small Businesses.
  11. "FSB Members Code of Conduct". Federation of Small Businesses.
  12. FSB Annual Report 2006. FSB. 2006.
  13. "FSB Annual Report 2016" (PDF). Federation of Small Businesses.
  14. "FSB Website". Federation of Small Businesses.
  15. "FSB Entrepreneurship Manifesto" (PDF). Federation of Small Businesses.
  16. "FSB SBI". Federation of Small Businesses.
  17. "Bank of England and the FSB SBI" (PDF). Bank of England.
  18. "BBC and the FSB SBI". BBC.
  19. "economia and the FSB SBI". economia.
  20. "EADT and the FSB SBI". EADT.
  21. "FSB Annual Report 2016" (PDF). Federation of Small Businesses.
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