How to Do a Business Statement

Contributor

By eHow Contributing Writer

Article Rating: (0 Ratings)

'You're right. It's not much of a statement."

A business statement is written to define a company's reason for existence. It should clearly lay out what your business intends to do and how it will perform better than its competition. This statement should serve as a "call to action" to get things done and elaborate on ways that tasks will be executed; providing a strategic direction and shaping your company's future goals. Below are key steps in creating a business statement.

What are Corporate Mergers?
Corporate mergers happen when one business merges or combines with another corporation. Find out how corpo… More
How Do Corporations Make Acquisitions?
Corporations make acquisitions of other businesses by purchasing stocks and assets of another company. Fin… More
The History of the AOL/Time Warner Merger
In early 2000, executives from America Online (AOL) and Time Warner shocked the business world when they a… More
About Business-to-Business Buying
Business-to-business buying unlocks savings on common goods and services, while building valuable communit… More
Closing on a Business
Closing on a business happens about eight months after the contracts are ratified. Learn how to close a bu… More
What to Ask When Buying a Business
Buying a business can be one of the biggest accomplishments of your life. However, it can also be quite a … More
How to Know if You’re Ready to own a Business
There’s an old saying I remember, “How will you know where you’re going if you don’t know where you came f… More
How to Make My Business Grow
Every business can have a better earning potential, but you have to do the work in order to see results. H… More
How to Take Over an Existing Business
Before buying an existing business, it's important to hire an attorney and a certified public accountant. … More
How to Become a Business Executive
You dream of becoming a business executive but are unsure of the exact path to reach your goal. Competitio… More
About Business Etiquette
Business etiquette changes over time. For instance, there was a time when women were not allowed to wear p… More
How to Do a Business Statement
A business statement is written to define a company's reason for existence. It should clearly lay out wha… More
Pros & Cons of Leveraged Buyout
Leveraged buyouts were a relatively obscure means of financing large corporate acquisitions in the post WW… More
What Advantages Does Restricted Stock Have Over Stock Options?
The advantages of restricted stock over stock options mainly have to do with the upfront cost of purchasin… More
How to Negotiate a Business Buyout
Negotiate a business buyout by getting a CPA and attorney involved to write up the contracts, researching … More

Difficulty: Moderately Easy

Instructions

Things You'll Need:

Company's vision
Pen and paper
Computer with internet access for research

Step 1

Explain who you are. Write about the spark that ignited your decision to start a business. Describe the nature of your products and services.
Step 2

Think about your target customers along with the level of services and/or products you plan to provide. Tell what you can do for them that will enrich their lives and contribute to their success--now and in the future. Don't be vague; define what makes your service so extraordinary.
Step 3

Explain how your company will stand out from its competitors.
Step 4

Be brief. Once the mission statement is complete, it should be shared. This creates an identity, based on the vision and the reason why your company exists.