Business Tool
Entrepreneurs create a firm to fulfil a meaningful purpose for themselves. The business becomes a tool for the entrepreneur to do what he or she wants. Your business strategy explains what you want your company to do. It must include the following components: A. Planning - This section of the business plan begins with a description of your Business Definition: Vision, Mission, Values, and Business Opportunity. Your company plan should begin with a one or two-paragraph summary of your vision statement. It should clearly describe your vision for the company and the direction you intend to take it. The vision statement provides a response to the question "Where are we going?" The mission statement defines your goal and provides a solution to the question, "Why are we here?" Your value statement responds to the inquiry, "What matters to us?" Values are the items or situations that you desire to represent on a consistent basis. The last component ...