Business Blog: FNC is your downtown Merchant Association

Much has been written of the importance of Downtown Merchant Associations and that these groups have a well-focused mission statement. Here is FNC's Mission Statement:  

The Friends of Norwood Center (FNC) is a nonprofit organization working to develop, build and strengthen the downtown experience and vitality for the entire community. We strive to be a voice supported by the merchants and residents to make Norwood Center relevant and vibrant.

We're working to create a buzz about Downtown Norwood and the Friends of Norwood Center NEED YOUR MEMBERSHIP! 

Keep the forward momentum headed downtown! 

The following is edited from Christine Moynihan, Retail Visioning

“Merchant Associations” come in all shapes and sizes. I believe that whatever form they come in, they can be a great resource for every downtown, retail district AND retailer in America. When retailers come together to help improve business it is always a good thing....

As you get to work, a first good step would be to do some visioning and put a mission statement in place for your merchant association. What do I mean by “mission statement”? As defined on Wikipedia,

“A mission statement is a statement of the purpose of a company or organization. The mission statement should guide the actions of the organization, spell out its overall goal, provide a path, and guide decision-making.”

This is important for many reasons, but most importantly so the merchant association does not fall into the self-limiting trap of focusing on only one initiative.... 

Your merchant association will be as valuable to you and your neighboring storefront businesses as the framework upon which it is built. Start with a bold mission statement and make your merchant association strong!