FSB throws its support behind Small Business Saturday » SMEInsider

FSB throws its support behind Small Business Saturday

The UK’s largest small business event is happening this weekend and has gained support from the Federation of Small Businesses. Discover what is happening in your local area on December 5th.

 

Huge support for Small Business Saturday

The 5th December marks the third annual Small Business Saturday and the Federation of Small Businesses (FSB) is helping to make it the most successful one yet. National chairman John Allan ihas called on his network of 186 FSB branches from around the UK to continue its good work with local traders and high street shops.

Local branches and regions have been working with MPs and councils from all parties, to host events, celebrate the Small Business Saturday Bus Tour, visit leading small businesses and secure free parking on or near high streets.

 

Boost to the economy

New FSB research commissioned in the wake of the event shows that spending with local businesses gives an extra boost to local economies compared to spending with their larger counterparts.

For every £1 spent by a local authority with a small or medium-sized business, 63p is then spent elsewhere in the local area, backing jobs and growth – compared to just 40p in every £1 spent with a larger business.

This emphasises the enormous benefit of keeping trade local, and hopefully encourages more people to start looking at ways of supporting the diverse and innovative small businesses in their community.

 

Half a billion generated in 24 hours

‘Last year 16.5 million people turned out to support a local small business on Small Business Saturday, generating an impressive £504 million for small firms in just one day,’ said John Allan, national chairman for the Federation of Small Businesses.

‘This year, we are again encouraging everyone to back small firms throughout the economy, not just in retail, to make the day bigger and better than ever. With 5.4 million small businesses in the UK, there has never been a better time to celebrate their contribution to their communities.’

‘Small Business Saturday has gone from strength to strength and we are excited to support it for the third year running at every level of the FSB – nationally, regionally and locally. We are particularly proud that such a high proportion of those selected for this year’s Small Biz 100 campaign are FSB members.’

To reflect the diverse and unique character of the UK’s small business community, the FSB has aspired to make its celebration of Small Business Saturday just as eclectic. Here are just some of the events the FSB is involved with across the country:

  • In Trafford, the FSB are hosting a Christmas market with Young Enterprise, the FSB’s National Chairman’s charity.
  • In Burton upon Trent they’re running a ‘flash conga’ for small businesses.
  • In Merseyside they’re running a ‘local at Christmas’ campaign.
  • In London and South Yorkshire, they’ve organised a ‘selfie challenge’ with customers and councillors.
  • In Stockport the FSB are sponsoring a ‘best shop’ competition for independent retailers run by the local MP, Mary Robinson.
  • In Downpatrick, they’re hosting a tour of the town with local business people and MPs.
  • In Scotland the FSB are helping more than 20 MPs and MSPs visit local firms from Lerwick to Largs.
  • In Carmarthen they’ve organised a trade show at the town’s library to showcase some of the products and services provided by small businesses in the county with Carmarthenshire council.

FSB supports small businesses all year round with its ‘Keep Trade Local’ campaign, asking decision makers to consider the small businesses at the heart of the community in their procurement, planning and economic development – both in urban and rural areas.

The Federation is not the only organisation to support the campaign. Dragons’ Den star  Touker Suleyman talks about setting up his company, what excites him about business and why Small Business Saturday is so important for smaller firms.