A mission statement is a single sentence or short paragraph that's used by a company to explain its purpose and existence. Here's how to create one.

The value, mission, and vision statements of a company are the foundation on which all business is conducted and decisions made. The value, mission, ... Trust is a good example.

Entrepreneurs must have an effective mission statement for their venture. The mission statement should answer four key questions and must be a clear, concise declaration about your business strategy.