Professional trade organizations can be an excellent source of education. Members are often offered exclusive continuing education opportunities, certification classes, and presentations about the latest products and industry advancements. Michelle Anysz from FMI Corporation, leading management consultants, states, “Your trade association is a good resource for information on your industry specific niche. You and your business can benefit by taking advantage of the educational opportunities that trade association’s offer, including industry trends, laws, economics, management issues and industry-related training. Trade associations are constantly exploring developments for the industry they serve and many provide a wide variety of educational opportunities.” The educational opportunities alone make trade associations worth the investment of your time and money.
The National Association of Home Builders is a great example of a trade association that provides members with exclusive industry research. Through their Housing Economics division, “NAHB produces in-depth economic analyses of the home building industry based on private and government data. Our economics group surveys builders, homebuyers, and renters to gain insight into the issues and trends driving the industry.” With these resources you can become better informed about construction statistics on a local, state, and national level. Data and statistics related to the housing market index, starts and permits, new and existing home sales reports, and forecasts are critical to the success and future of your business.
One of the greatest benefits of belonging to a trade association is that it offers the ability to network with other industry professionals. The ability to connect with competitors (particularly on a local level) can be a huge advantage in the construction industry. You may be able to expand the reach of some of your business if you collaborate with other like-minded industry professionals. Linkedin suggests, “Most trade associations host a number of conferences, meetings, events, and seminars throughout the year in order for you to make new connections. You also might want to consider joining your local chamber of commerce as it will put you in touch with business leaders in your community that can lead to even more opportunities to network.” Check out the following reputable organizations that serve the building and remodeling industries and get started!
- National Roofing Contractors Association – www.nrca.net
- Associated Builders and Contractors – www.abc.org
- National Electrical Contractors Association – www.necanet.org
- National Association of the Remodeling Industry – www.nari.org
- National Association of Home Builders – www.nahb.org