Wednesday, June 19, 2013

Creating a Mission Statement For Your Retail Store

When you are busy launching a retail store, it's easy to overlook something as simple as a mission statement. After all, store owners have hundreds of other tasks to worry about. However, placing your store's mission statement on the back burner will only hurt your business as a whole. The time and energy it takes to create a proper mission statement will prove to be well worth it in the long run. But just how are you supposed to create one? To learn more about the importance of mission statements and how to create one, keep reading.

A mission statement is just what it sounds like -- a statement used to describe the store's goal. Nearly every successful business has a mission statement to help guide their employees in the right direction. If a certain employee or even branch of the company strays from the goal, they can look back at the mission statement for more guidance. It's a simple yet critical part of a business that every store owner needs to address.

If you look at some mission statements from highly successful companies, you'll likely notice they all have a few things in common. For starters, mission statements are typically short and sweet. Rather than writing some long essay that no one is going to read, you can convey the core values and goals of your company in just a couple sentences. In fact, some mission statements are just a single sentence long. You obviously won't be able to say a whole lot in just a single sentence, but that's usually all it takes to convey the heart of a company.

Creating a proper mission statement isn't something that should be rushed or hurried. While it may only be a couple sentences long, those words must be carefully chosen to ensure the right message is conveyed; otherwise, your mission statement will send the wrong message about your store. Start by thinking about what your store is all about and what sets you apart from your competitors. Perhaps it's your store's exceptional level of customer service that brings so many repeat customers back for more. Or maybe it's your focus on high-quality goods. These are just a few examples of key ideas to portray in your store's mission statement. If you are still stumped and can't seem to think of a mission statement, don't be afraid to ask for help from other executives and employees.

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