[Infographic] Furniture Trade Associations: The Benefits

This info-graphic entitled ‘Furniture Trade Associations: The Benefits’ provides us an overview of furniture trade associations.

A trade association is a voluntary organization of independent business entities in the same branch of industry, which conducts cooperatively activities aimed at rising the welfare of the group up, which does not deprive its members of the power to make constitutional managerial decisions.

Furniture Trade Associations protect and promote the interests of its members. It can take up issues relating to the several authorities for corrective action. For instance, it can take up issues such as: inadequate infrastructural facilities, high inputs costs, problem of cheap imports which affects the endurance of local firms with the government and call to take suitable remedial measures. The furniture union serves as a forum for associates to interact with each other. Members can handle key issues, share knowledge about industry trends, consumer orientation, high-grade practices followed etc. This kind of knowledge sharing lets companies to implement appropriate measures and accomplish efficiency and profitability.

For more information, please refer to the info-graphic below.

[Infographic] Furniture Trade Associations: The Benefits