Thursday 18 November 2010

Should I join the FSB?

Federation of Small Businesses – ‘Free’ Banking and Legal Advice

I have been fortunate; to help small businesses, solve problems when cash has been very tight. Banking and legal advice, are both important and can be costly, but they both need to be of a very high quality, especially when times are tough.

However, I can strongly recommend a SME joining the FSB. Why?

I have found the FSB banking offering and legal advice line to be excellent.

The FSB have an agreement with the Co-Operative bank, which since it has updated its online banking software, provides an excellent free online banking service. You can nominate a local post office to deposit cheques and cash.

The legal advice line, for employment issues, which I have used several times now, has been excellent. You do not get an immediate response, but you are called back typically within an hour, and the documentation and advice given is of a very high standard.

Author: Tim Jenner- Small Business Advisor, member of TGBA (tim.jenner@tgba.co.uk)

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