OFFICIAL PUBLICATION OF THE NEW HAMPSHIRE AUTOMOBILE DEALERS ASSOCIATION

Pub. 6 2024 Issue 3

A Message From the Chair: Stronger Together

How Trade Associations Fuel Business Innovation and Growth

In the dynamic world of the motor vehicle industry, fostering strong networks and staying up with industry trends is vital for survival as well as growth and innovation. An overlooked avenue for achieving these objectives is involvement in trade associations. Membership in organizations such as NHADA and active event participation gives one access to a wealth of knowledge, experience and practical advice that can help solve problems and improve business outcomes.

Building a Supportive Network

Trade associations provide a valuable platform for professionals to meet and collaborate. Our members gain access to a community of like-minded individuals facing similar challenges. These relationships are invaluable, as they facilitate the sharing of knowledge, experience and advice, thus reducing stress and isolation often felt in competitive business environments.

Exchanging Innovative Ideas

Periodic events, such as town halls, seminars, larger events and fundraisers, serve as opportunities for participants to share ideas, stimulate creativity and give them the environment in which to come up with innovative solutions to some persistent problems. The diverse perspectives and experiences shared at such events can lead to breakthroughs that may not have been possible alone.

Join us at Mill Falls at the Lake for the NHADA “Family Reunion” Convention. More at https://drive-nh.thenewslinkgroup.org/last-call-join-us-for-the-ultimate-family-reunion-at-lake-winnipesaukee/.

Learning from Successes and Failures

Another significant benefit is the opportunity to learn from both the successes and failures of peers. Case studies and real-life stories shared during events often offer practical insights that are directly applicable to one’s own business. This ongoing exposure to new and differing viewpoints, the latest industry developments, legislative information and practical experience (been there, done that, now you don’t have to) is crucial for thriving in our industry.

Creating Lasting Bonds

The trust, friendships and professional relationships formed often go beyond mere networking. These relationships can evolve into lasting partnerships, where businesses collaborate on projects, share resources and support each other’s growth. The trust and mutual respect that develop over time are invaluable assets contributing to sustained business success and personal satisfaction.

Embrace the journey and let the power of camaraderie guide you to your next business breakthrough. For questions on how you can become more involved with NHADA, contact the office at (603) 224-2369 or support@nhada.com.

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