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Published byCassandra Randall Modified over 9 years ago
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FEDERATION OF SMALL BUSINESSES
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Profile by employment 91% of businesses employ 4 or less 7% of businesses employ 5 to 20 Only 2% of businesses employ more than 21
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The Federation of Small Businesses What is the FSB? –A nationwide lobby group –Formed in 1974 –180,000 members – over 22,000 in the SW – 0 to 199 staff
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FSB Membership - Trade Breakdown
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Aims and objectives –To lobby on behalf of small businesses –To provide a safety net of different benefits and services; all of which are included in the basic membership fee Protect, promote and further the interests of all small businesses
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Benefits Free - Legal advice Free full cover, representation and protection –Inland Revenue –VAT –Employment disputes –Health and Safety –Jury Service
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Optional benefits Savings on: –Insurance –Life and pension schemes –Hospital and medical plan –Telephone rates –Factoring –Internet services –Merchant credit card facility
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The Federation of Small Businesses The Trade Union for Small Businesses is
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Lifting the Barriers to Survival and Growth
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Survey Responses January 2002 Conducted by Strathclyde University 3036 questionnaires returned in the South West 15% response rate
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Business Structure
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Age of Business
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Turnover
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Business Ambitions
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Trends in Sales Volume over last 12 mths
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Change in number of employees over last 12 mths
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Importance of factors on future Survival and Growth
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Advice sought in last year
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Sources of Business Advice
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Business Advice
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Business Advice - SI
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Importance of factors on future Survival and Growth
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Transport
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Transport - SI
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Education and Training
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Importance of qualifications in employment decisions
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Staff training in last year
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Reasons for no staff training
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Staff Training vs 2001 Sales volume
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Local Services
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Local Services - SI
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Turnover (Source: DETR 1998) Rates as % of Turnover Rates as % of Overhead Rates as % of Profit -£50k7.7%13.7%35.9% £50k- £100k 5.510.331.8 £100k- £500k 2.55.217.2 £500k-£2 million 1.43.715.9 Over £1 bn 0.73.03.3 Rates vs turnover etc
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Sources of Business Advice
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LA – Advice sought
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LA advice sought - SI
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Govt funded business advice
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Govt funded - SI
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ICT hardware used
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ICT used for -
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Issues restricting ICT use
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Understanding ICT
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ICT used for -
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Business skills
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Access to markets
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Financial Rewards - 2000
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Financial Rewards - 2001
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Importance of factors on future Survival and Growth
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www.fsb.org/policy/lbg2002 swpu.policy@fsb.org.uk
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Lifting the Barriers to Survival and Growth in UK Small Businesses
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