Industry Analysis & Industry Trends
Government support for organisations in the Community Associations and Other Interest Groups industry has diminished over the past five years. To make up for this lower funding growth, some industry organisations have sought out revenue streams from alternative sources, such as business partnerships and household donations. Constrained government funding has also led some community organisations to reduce their services and limit expansion, to reduce expenditure.
While revenue in some industry segments has declined over the past five years, the variety of community organisations and interest groups that operate in the industry has helped limit these falls. Some industry segments have expanded, with higher household discretionary income contributing to growth in donations... purchase to read more
Industry Report - Starting a New Business Chapter
Interest groups are created when a group of like-minded individuals come together to create a forum for discussion or action. Anyone can establish an interest group with little initial capital investment and low ongoing expenses. Some interest groups last decades, while some survive only a few months, often depending on the period of any issue that requires collective action. For example, a group campaigning to change a specific planning policy of a local council may disband after the goal is achieved, whereas interest groups such as the automobile associations have been around for decades.
Interest groups arise in response to local issues, current political issues, emerging issues and long-standing issues. Interest groups can be either political or non-political in nature... purchase to read more