Times of economic uncertainty don’t cause anyone to look for new ways to spend money. But there are some investments in your business that even when you’re worried about cash flow, are worth the return. A Chamber membership is one of those necessary business investments and here’s why:
Uncertain Times Mean Unprecedented Business Challenges
Whether we face a recession or not, growth is slow. Costs are up. Shelves are not as full as they once were. Some industries are already claiming a recession has hit them.
In times of economic uncertainty, businesses have greater needs than usual. It helps to have a partner looking out for your best interests.
The Hidden Job Market
One of the reasons economists are slow to call what we’re in currently “a recession” is because the job market on average remains strong. Employers are hiring.
Through Chamber membership, you receive two types of job assistance—help in finding positions and candidates. If you’re looking for a job, you can network and locate available opportunities in the hidden job market (before they come available).
On the other hand, as a hiring entity, connecting with those in similar positions can help you to create a more rounded job description for a stronger hire and better fit for your organization.
Public Sector Assistance & Advocacy
Whether you have your eye on pro-business legislation or are worried about a zoning issue, as a chamber member, your concern over business—your own or the entire business community—is amplified. When the chamber speaks to municipal, provincial, or federal leaders, they are speaking on behalf of all businesses. This gives your concerns more power among elected leaders.
While economic development of the area may not seem like a pressing issue in your mind right now, it helps keep you in business, regardless of your industry. A strong local economy can help maintain prosperity even when the national economy is struggling.
The chamber is dedicated to building community and ushering in smart economic growth so everyone can thrive. Chamber membership not only safeguards your business interests and helps you achieve your own goals but improves the business community, and thus the community, for all.