A small business only means that it starts small and not necessarily going to be always small. You should know that the business definitely has the capacity to grow. Every business business must grow and so setting its mission and vision statement from the start is important.
lA business that is desirous of growth and future expansion should have a vision of what it wants to do and the accompanying mission on how to accomplish it.And then start setting out strategy on how to acheive those.It could be setting small attainable and acheivable goals and evaluating its performance to check progress.It is very important.
It is important for startups to have a mission and vision statements. It helps company have a direct organizational strategy. Both provide purpose and goals, which are necessary elements of a strategy. They outline the prospective for the business, and what that prospective finds important. By identifying these elements, the business executives can develop a more step-by-step strategy that helps the company achieve its mission in the short term, and its vision in the long term.
Is it important to have strong vision and mission statement?