Trade associations are organizations formed by businesses and professionals in a specific industry. Their main goal is to promote the interests of their members, which can include sharing information, providing training, and advocating for favorable policies. For example, the National Restaurant Association helps restaurants navigate regulations and improve their operations. These associations also offer networking opportunities, allowing members to connect with others in their field. By collaborating, businesses can address common challenges and share best practices. Overall, trade associations play a vital role in supporting industries and helping members thrive in a competitive market.