A Chamber of Commerce is established with a very specific goal in mind. Its main purpose is to develop local businesses and promote economic development. Not all chambers will have the exact same objectives, but there are some that most of these chambers share. To help us all better understand what the Chamber of Commerce is about, here are some general objectives that they follow.
To protect the interests of the business community as a whole. If the business community is in good shape and successful, it will be positive for the local economy. For the state chambers, this has to do with fighting unfair legislation and protecting the interests of their members.
To collect and supply useful information to their members. One of the best things about being a member of a local Chamber is the networking and all the growth and learning opportunities. Members receive very valuable information, support, and training opportunities.
To establish cooperation and a sense of partnership among their members. This is very important as its helps members to create great partnerships and in so doing, give their business growth opportunities that it wouldn’t have otherwise. Chamber members look out for each other and support each other.
To consult the Central and State Governments regarding matters of trade, commerce, and industry. It is the role of the Chamber to be in contact with the larger Chambers to ensure that they have all relevant information to continue developing their members’ businesses and the economy. It is also important that they can give their input regarding legislation and other matters.
To draw up plans and projects for encouraging the growth of the trade and commerce in the country. This is one of the main and very important goals of the Chambers. They organize many events and offer many opportunities where local businesses and Chamber members can grow and have a positive influence on trade and commerce.
These are only a few of the objectives that Chambers of Commerce have, but it gives you the basic idea of what their purpose is and what they try to accomplish within their communities, cities, and states.