Thursday, April 16, 2009

To Join or Not to Join- That is the question

By Luz Robles, Director of the Zions Business Resource Center

Making the decision on whether or not you should join your local chamber of commerce may be difficult in the current market. Joining a chamber of commerce can be quite beneficial for a small business like yours.

The first and most important advantage of joining your local chamber of commerce is that it provides networking opportunities with other business owners. You can showcase your product with companies both large and small. You're also getting your name out there so at some point, you could become a supplier for another chamber member. Building a relationship is the first step in creating a strong business transaction.

Membership in a chamber of commerce could also make special discounts available for you. Some of the largest chambers of commerce have access to less expensive health or business insurance for their members, and this can make a significant difference for small businesses looking to provide more cost-effective benefits for their employees.

The chamber of commerce can help you create a calendar of events for selling your products or services, thus giving you an edge over your competition. Many chambers are equipped with a staff dedicated to promoting the chamber's community involvement, and this can help you get the word out about what your business has to offer.

Most importantly, by joining a chamber of commerce, you have access to experts in many different areas of business development. These experts can help guide you through the growing pains that may come from having a successful company.

Keep in mind that you have many different types of chambers of commerce you can choose to join. Depending on your needs, you may need to research to find out which one best accomplishes your purpose. Your decision may be based on your target market, the size of the area where your business is located or your racial/ethnic or gender background. Make sure you budget every year for the annual membership fees from joining a chamber. It's a great investment for both your company and professional life.

Article taken from UtahPulse.com