There are broadly two types of associations : industry-specfic and general business.
Industry-Specific Associations
There are many benefits in joining industry associations. As a member, you will be able to:
keep abreast of the advances in your industry
exchange ideas and learn from the more experienced members
work together with others in your industry to combine your various strengths and raise your profile
learn of new opportunities to participate in projects
identify potential partners for new ventures
You should not let the fear of meeting potential competitors keep you from joining industry associations.
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General Business Associations
General business associations provide you with the opportunity to meet people outside your industry.
These associations are usually grouped by areas of interest. For instance, the Singapore Business Federation is a cross-industry association that focuses on helping businesses grow, especially in overseas markets
So if you are thinking of entering a particular market, it might be fruitful to join these associations.
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