Trade associations such as the International Franchise Association can be a good source for industry-wide data as well as company-specific data.

Question

Quizplus · Accepted Answer

Trade associations are formed by companies in a particular industry to promote their common interests. They also collect and share industry-wide data that can be helpful for businesses operating in that industry. The International Franchise Association is one such trade association that represents franchises and provides industry-specific data and insights.

Trade Associations Such as the International Franchise Association Can Be