8 Inspiring Mission Statements for an Emerging Entrepreneur
When deciding to form a company, the first thing an entrepreneur worries about is how to start a business. It involves a process to formalize the business operations with the state. For example, you have chosen to start a limited liability company (LLC). To form it legally, you will have to submit LLC paperwork with the state where you want to conduct business.
Aside from the filing, you will also have to come up with formation documents. You may also have to come up with a mission statement for your company.
Mission Statement
The mission statement describes why your company exists. It will help make sure that the organization remains focused on its goal. Having a clear mission statement can help steer the company toward success.
Your mission statement can show either the short-term or long-term goals of your company. Whatever aspiration you may include, you have to make sure that it contains the four key elements.
· Value
· Inspiration
· Plausibility
· Specificity
How To Get Started
A good mission statement has to reflect what your company stands for and wants to become. It also showcases the culture and ethics of the business. It can also serve as a guideline to help you make decisions that will align and motivate the team. In simple terms, the mission statement will give your company direction.
What you should keep in mind when filing out your llc paperwork is that the mission statement should not be generic or boring. It has to be memorable, but relatable at the same time. It should also not be complicated.
Another thing you should remember is that it should be straightforward. It can be short and concise so that it would be easy to understand.
The last thing you have to consider is that it should be accurate and honest. Sum up the importance of your organization. As a guide, you can start by answering the following:
· What does the company do?
· How is it different?
· What is it for?
· What is its value to the consumers?
Inspiring Mission Statements
If you are still unsure on how to create your company mission statement, you can take inspiration from famous brands. Here are eight inspiring mission statements to help emerging entrepreneurs like you:
Coca-Cola
“To refresh the world in mind, body, and spirit. To inspire moments of optimism and happiness through our brands and actions. To create value and make a difference.”
Nordstrom
”To provide outstanding service every day, one customer at a time. A further focus is provided to Nordstrom employees at all levels with this Nordstrom goal, which is also a management mission. We work hard to make decisions in the best interest of our customers and those serving them.”
Patagonia
“Build the best product, cause no unnecessary harm, use business to inspire and implement solutions to the environmental crisis.”
Southwest Airlines
“The mission of Southwest Airlines is dedication to the highest quality of customer service delivered with a sense of warmth, friendliness, individual pride, and company spirit.”
Spotify
“To unlock the potential of human creativity by giving a million creative artists the opportunity to live off their art and billions of fans the opportunity to enjoy and be inspired by these creators.”
BBC
“To act in the public interest, serving all audiences through the provision of impartial, high-quality and distinctive output and services which inform, educate and entertain.”
”To organize the world’s information and make it universally accessible and useful.”
Tesla
“To accelerate the world’s transition to sustainable energy.”
What the eight mission statements have in common is that they have a clear way of telling the people what their companies are about, what their objectives are, and what their value to the customers. Additionally, they are straightforward and concise.
Next Step
Once you finalize your company’s mission statement, make sure you spread the word. Communicate its message inside and outside of your organization. You can post it inside the office or establishments. You can also print it on other company materials, including brochures and business cards.
Being an emerging entrepreneur requires you to perform many tasks. You have to focus on how to start a business properly. You also have to file LLC paperwork with the state. Doing these may take time and may delay the creation of your company’s mission statement. If you are trying to decide on how to start a business and need help in handling these tasks, you can rely on the experts. Contact us now and let DoMyLLC take care of the registration process so you can focus on preparing your business.