Unlike the vision statement, which creates a clear picture of what we want to accomplish or become, the mission statement, clarifies what we do as an organization; why we exist; what purpose we serve. That’s its job. Webster’s Dictionary defines mission as “an assignment or task to be carried out.” The mission statement clarifies...
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In a recent blog, we outlined why and when to update your business plan, in this blog we’ll talk about how to update and manage it. Remember, these ideas are the same whether your plan is for financing purposes, or strategic or business operations purposes. Good planning ensures your business plan because a useful...
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If you’re wondering when to update your business plan, here are ten indicators it may be time: 10. Someone wrote “Update Me” in the dust on your current business plan. 9. You vaguely remember creating your business plan about the same time you bought your first fax machine. 8. When asked if they’ve ever...
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How are you facing the struggles in business? Are you fighting them or creating opportunities?
Manager’s Corner
