Is it necessary for a small business to have a mission and vision statement?

[Abigael]

You can forget now vision and mission if you don't plan to grow your business into multinational standard. There is nothing to worry about if you are okay with the profit you are making.

That is right. I have always seen that only the bigger companies are the ones with spelt out vision and mission statements. For smaller businesses, having your goals and objectives is enough guideline for how you run the business

 

[Kingstone]

Your vision is your goal and what you hope to achieve in the coming years. Your mission is the foundation that you set to achieve the vision. Without these things, you are like a blind man leading a blind man

 

[Good-Person]

I will say yes, it is very necessary and important for small business to have mission and vision statement, it helps to know the direction in which the business is going and also to make the business owner focus and determined.

Definitely all the businesses must have some sort of mission and I believe that mission is not just to make money, but make the society a much better place by offering products and services for the betterment of the society.

 

[kinqzbitz]

Of course I believe it is actually very necessary and also very important even if the business I actually very small it should have the requirements so it will be easy for it to grow well

 

[Joy123]

It is good for a small business to have a vision and mission statement because it means that you have a direction and it will always remind you of the task ahead.

 

[Syldan]

Well, every business requires a mission and a vision statement which is required on daily basis. to some extent I consider this mission and vision statement as the best foundation form making a business to stand firm and progress.

 

[Godspower]

It is good for a small business to have a vision and mission statement because it means that you have a direction and it will always remind you of the task ahead.

This is true. Every business no matter how big or small must have specific objectives and goals it aims to achieve. These objectives will make an entrepreneur to be motivated in the business.

 

[Toyoabasi]

Yes, either small or big, it is pertinent for any business to formulate the vision and mission statement and hold its vision and mission statement in high prestige.

Yes.
I believe all businesses, small or big, to have mission and vision statements.
These would help you as the business owner and your team to work in line with set goals in order to achieve the mission.

 

[Good-Person]

It is very compulsory for any business to have a vision and mission statement that would propel them to great heights. This statement serves as the driving force of any business and it be reviewed always in order to measure the achievement of the said company.

The fact of the matter remains that we can encourage our employees to perform well and the company must also include good packages as a part of their mission. In short, the betterment of financial conditions of the employees of the company should also be a top priority of the company.

 

[Kaffyfolla]

Whether your business is well established or just starting up, if you don't have mission and vision statements or a set of values to help guide decision-making, it'll be difficult for your company to thrive over the long-term

 

[HayKay]

Of course, they're kind of guiding principles that would give you the energy and constantly remind you of why you set out to do business in the first place.
Think of them as a compass that help show you where you're to go.

 

[Grandeur]

It's important to have a vision and mission statement so that you can always see what you have laid down as a vision and mission for yourself and potential clients and work with it

 

[CeeJase]

Your vision and mission statement is about the things you envision and what your service delivery is all about. In order to convince customers and potential investors, it is wise that you postulate a convincing vision and mission statement.

I believe that any kind of business have its vision and mission because there is always something that particular business is set out to achieve although some business don't pronounce it but they actually have it.

 

[Ononivami]

I guess hat the mission and vision statement is a futuristic plan for the business and it will be a guide or the principle that the business would be operating upon. For business purposes clarity, mission and vision statement is very important .

 

[Shigobad2020]

Every business organisation must have a vision and mission statement whether big or small business because that's what your enterprises is based upon, it's the future plan and the pillar in which your business stand.

 

[Ononivami]

The vision and the mission statement is not only for the big conglomerates. The small investors too can take part in the exercise. It is very good for all companies to have the mission and vision statement.

 

[Syldan]

Well, some may consider it as not necessarily but to some extent is very important and I believe that will serve as a guide for you in running the business based on target.

 

[Sotherefore]

Every business organisation must have a vision and mission statement whether big or small business because that's what your enterprises is based upon, it's the future plan and the pillar in which your business stand.

This is absolutely necessary for business intending to grow higher , but there are some business who do not have any future plans and preparation , in this case I don't see the need for them to waste their time seeking to have a vision Statements.

 

[Shigobad2020]

Most of those big companies we are seeing and envying nowadays actually started small , and they are able to acheive their aims and objectives because they have a vision and mission statement .

 

[Good-Person]

Having a vision is something that each and every person has. So, I think that each and every kind of businessman should have a superb vision when it comes to not only increasing profits, but also to improve the lives of others.