business plan purpose statement example

How to Write a Purpose Statement (Templates, Examples)

By Status.net Editorial Team on September 30, 2023 — 15 minutes to read

• Key Elements of a Purpose Statement Part 1
• How to Write a Purpose Statement Step-by-Step Part 2
• Identifying Your Goals Part 3
• Defining Your Audience Part 4
• Outlining Your Methods Part 5
• Stating the Expected Outcomes Part 6
• Purpose Statement Example for a Research Paper Part 7
• Purpose Statement Example For Personal Goals Part 8
• Purpose Statement Example For Business Objectives Part 9
• Purpose Statement Example For an Essay Part 10
• Purpose Statement Example For a Proposal Part 11
• Purpose Statement Example For a Report Part 12
• Purpose Statement Example For a Project Part 13
• Purpose Statement Templates Part 14

A purpose statement is a vital component of any project, as it sets the tone for the entire piece of work. It tells the reader what the project is about, why it’s important, and what the writer hopes to achieve.

Part 1 Key Elements of a Purpose Statement

When writing a purpose statement, there are several key elements that you should keep in mind. These elements will help you to create a clear, concise, and effective statement that accurately reflects your goals and objectives.

1. The Problem or Opportunity

The first element of a purpose statement is the problem or opportunity that you are addressing. This should be a clear and specific description of the issue that you are trying to solve or the opportunity that you are pursuing.

2. The Target Audience

The second element is the target audience for your purpose statement. This should be a clear and specific description of the group of people who will benefit from your work.

3. The Solution

The third element is the solution that you are proposing. This should be a clear and specific description of the action that you will take to address the problem or pursue the opportunity.

4. The Benefits

The fourth element is the benefits that your solution will provide. This should be a clear and specific description of the positive outcomes that your work will achieve.

5. The Action Plan

The fifth element is the action plan that you will follow to implement your solution. This should be a clear and specific description of the steps that you will take to achieve your goals.

Part 2 How to Write a Purpose Statement Step-by-Step

Writing a purpose statement is an essential part of any research project. It helps to clarify the purpose of your study and provides direction for your research. Here are some steps to follow when writing a purpose statement:

• Start with a clear research question: The first step in writing a purpose statement is to have a clear research question. This question should be specific and focused on the topic you want to research.
• Identify the scope of your study: Once you have a clear research question, you need to identify the scope of your study. This involves determining what you will and will not include in your research.
• Define your research objectives: Your research objectives should be specific, measurable, achievable, relevant, and time-bound. They should also be aligned with your research question and the scope of your study.
• Determine your research design: Your research design will depend on the nature of your research question and the scope of your study. You may choose to use a qualitative, quantitative, or mixed-methods approach.
• Write your purpose statement: Your purpose statement should be a clear and concise statement that summarizes the purpose of your study. It should include your research question, the scope of your study, your research objectives, and your research design.

Research question: What are the effects of social media on teenage mental health?

Scope of study: This study will focus on teenagers aged 13-18 in the United States.

Research objectives: To determine the prevalence of social media use among teenagers, to identify the types of social media used by teenagers, to explore the relationship between social media use and mental health, and to provide recommendations for parents, educators, and mental health professionals.

Research design: This study will use a mixed-methods approach, including a survey and interviews with teenagers and mental health professionals.

Purpose statement: The purpose of this study is to examine the effects of social media on teenage mental health among teenagers aged 13-18 in the United States. The study will use a mixed-methods approach, including a survey and interviews with teenagers and mental health professionals. The research objectives are to determine the prevalence of social media use among teenagers, to identify the types of social media used by teenagers, to explore the relationship between social media use and mental health, and to provide recommendations for parents, educators, and mental health professionals.

Part 3 Section 1: Identifying Your Goals

Before you start writing your purpose statement, it’s important to identify your goals. To do this, ask yourself the following questions:

• What do I want to achieve?
• What problem do I want to solve?
• What impact do I want to make?

Once you have a clear idea of your goals, you can start crafting your purpose statement. Your purpose statement should be a clear and concise statement that outlines the purpose of your work.

For example, if you’re writing a purpose statement for a business, your statement might look something like this:

“Our purpose is to provide high-quality products and services that improve the lives of our customers and contribute to the growth and success of our company.”

If you’re writing a purpose statement for a non-profit organization, your statement might look something like this:

“Our purpose is to improve the lives of underserved communities by providing access to education, healthcare, and other essential services.”

Remember, your purpose statement should be specific, measurable, and achievable. It should also be aligned with your values and goals, and it should inspire and motivate you to take action.

Part 4 Section 2: Defining Your Audience

Once you have established the purpose of your statement, it’s important to consider who your audience is. The audience for your purpose statement will depend on the context in which it will be used. For example, if you’re writing a purpose statement for a research paper, your audience will likely be your professor or academic peers. If you’re writing a purpose statement for a business proposal, your audience may be potential investors or clients.

Defining your audience is important because it will help you tailor your purpose statement to the specific needs and interests of your readers. You want to make sure that your statement is clear, concise, and relevant to your audience.

To define your audience, consider the following questions:

• Who will be reading your purpose statement?
• What is their level of knowledge or expertise on the topic?
• What are their needs and interests?
• What do they hope to gain from reading your purpose statement?

Once you have a clear understanding of your audience, you can begin to craft your purpose statement with their needs and interests in mind. This will help ensure that your statement is effective in communicating your goals and objectives to your readers.

For example, if you’re writing a purpose statement for a research paper on the effects of climate change on agriculture, your audience may be fellow researchers in the field of environmental science. In this case, you would want to make sure that your purpose statement is written in a way that is clear and concise, using technical language that is familiar to your audience.

Or, if you’re writing a purpose statement for a business proposal to potential investors, your audience may be less familiar with the technical aspects of your project. In this case, you would want to make sure that your purpose statement is written in a way that is easy to understand, using clear and concise language that highlights the benefits of your proposal.

The key to defining your audience is to put yourself in their shoes and consider what they need and want from your purpose statement.

Part 5 Section 3: Outlining Your Methods

After you have identified the purpose of your statement, it is time to outline your methods. This section should describe how you plan to achieve your goal and the steps you will take to get there. Here are a few tips to help you outline your methods effectively:

• Start with a general overview: Begin by providing a brief overview of the methods you plan to use. This will give your readers a sense of what to expect in the following paragraphs.
• Break down your methods: Break your methods down into smaller, more manageable steps. This will make it easier for you to stay organized and for your readers to follow along.
• Use bullet points: Bullet points can help you organize your ideas and make your methods easier to read. Use them to list the steps you will take to achieve your goal.
• Be specific: Make sure you are specific about the methods you plan to use. This will help your readers understand exactly what you are doing and why.
• Provide examples: Use examples to illustrate your methods. This will make it easier for your readers to understand what you are trying to accomplish.

Part 6 Section 4: Stating the Expected Outcomes

After defining the problem and the purpose of your research, it’s time to state the expected outcomes. This is where you describe what you hope to achieve by conducting your research. The expected outcomes should be specific and measurable, so you can determine if you have achieved your goals.

It’s important to be realistic when stating your expected outcomes. Don’t make exaggerated or false claims, and don’t promise something that you can’t deliver. Your expected outcomes should be based on your research question and the purpose of your study.

Here are some examples of expected outcomes:

• To identify the factors that contribute to employee turnover in the company.
• To develop a new marketing strategy that will increase sales by 20% within the next year.
• To evaluate the effectiveness of a new training program for improving customer service.
• To determine the impact of social media on consumer behavior.

When stating your expected outcomes, make sure they align with your research question and purpose statement. This will help you stay focused on your goals and ensure that your research is relevant and meaningful.

In addition to stating your expected outcomes, you should also describe how you will measure them. This could involve collecting data through surveys, interviews, or experiments, or analyzing existing data from sources such as government reports or industry publications.

Part 7 Purpose Statement Example for a Research Paper

If you are writing a research paper, your purpose statement should clearly state the objective of your study. Here is an example of a purpose statement for a research paper:

The purpose of this study is to investigate the effects of social media on the mental health of teenagers in the United States.

This purpose statement clearly states the objective of the study and provides a specific focus for the research.

Part 8 Purpose Statement Example For Personal Goals

When writing a purpose statement for your personal goals, it’s important to clearly define what you want to achieve and why. Here’s a template that can help you get started:

“I want to [goal] so that [reason]. I will achieve this by [action].”

Example: “I want to lose 10 pounds so that I can feel more confident in my body. I will achieve this by going to the gym three times a week and cutting out sugary snacks.”

Remember to be specific and realistic when setting your goals and actions, and to regularly review and adjust your purpose statement as needed.

Part 9 Purpose Statement Example For Business Objectives

If you’re writing a purpose statement for a business objective, this template can help you get started:

[Objective] [Action verb] [Target audience] [Outcome or benefit]

Here’s an example using this template:

Increase online sales by creating a more user-friendly website for millennial shoppers.

This purpose statement is clear and concise. It identifies the objective (increase online sales), the action verb (creating), the target audience (millennial shoppers), and the outcome or benefit (a more user-friendly website).

Part 10 Purpose Statement Example For an Essay

“The purpose of this essay is to examine the causes and consequences of climate change, with a focus on the role of human activities, and to propose solutions that can mitigate its impact on the environment and future generations.”

This purpose statement clearly states the subject of the essay (climate change), what aspects will be explored (causes, consequences, human activities), and the intended outcome (proposing solutions). It provides a clear roadmap for the reader and sets the direction for the essay.

Part 11 Purpose Statement Example For a Proposal

“The purpose of this proposal is to secure funding and support for the establishment of a community garden in [Location], aimed at promoting sustainable urban agriculture, fostering community engagement, and improving local access to fresh, healthy produce.”

Why this purpose statement is effective:

• The subject of the proposal is clear: the establishment of a community garden.
• The specific goals of the project are outlined: promoting sustainable urban agriculture, fostering community engagement, and improving local access to fresh produce.
• The overall objective of the proposal is evident: securing funding and support.

Part 12 Purpose Statement Example For a Report

“The purpose of this report is to analyze current market trends in the electric vehicle (EV) industry, assess consumer preferences and buying behaviors, and provide strategic recommendations to guide [Company Name] in entering this growing market segment.”

• The subject of the report is provided: market trends in the electric vehicle industry.
• The specific goals of the report are analysis of market trends, assessment of consumer preferences, and strategic recommendations.
• The overall objective of the report is clear: providing guidance for the company’s entry into the EV market.

Part 13 Purpose Statement Example For a Project

“The purpose of this project is to design and implement a new employee wellness program that promotes physical and mental wellbeing in the workplace.”

This purpose statement clearly outlines the objective of the project, which is to create a new employee wellness program. The program is designed to promote physical and mental wellbeing in the workplace, which is a key concern for many employers. By implementing this program, the company aims to improve employee health, reduce absenteeism, and increase productivity. The purpose statement is concise and specific, providing a clear direction for the project team to follow. It highlights the importance of the project and its potential benefits for the company and its employees.

Part 14 Purpose Statement Templates

When writing a purpose statement, it can be helpful to use a template to ensure that you cover all the necessary components:

Template 1: To [action] [target audience] in order to [outcome]

This template is a straightforward way to outline your purpose statement. Simply fill in the blanks with the appropriate information:

• The purpose of […] is
• To [action]: What action do you want to take?
• [Target audience]: Who is your target audience?
• In order to [outcome]: What outcome do you hope to achieve?

For example:

• The purpose of our marketing campaign is to increase brand awareness among young adults in urban areas, in order to drive sales and revenue growth.
• The purpose of our employee training program is to improve customer service skills among our frontline staff, in order to enhance customer satisfaction and loyalty.
• The purpose of our new product launch is to expand our market share in the healthcare industry, by offering a unique solution to the needs of elderly patients with chronic conditions.

Template 2: This [project/product] is designed to [action] [target audience] by [method] in order to [outcome].

This template is useful for purpose statements that involve a specific project or product. Fill in the blanks with the appropriate information:

• This [project/product]: What is your project or product?
• Is designed to [action]: What action do you want to take?
• By [method]: What method will you use to achieve your goal?
• This app is designed to provide personalized nutrition advice to athletes by analyzing their training data in order to optimize performance.

Frequently Asked Questions

What are the key elements of a purpose statement.

A purpose statement should clearly communicate the main goal or objective of your writing. It should be concise and specific, providing a clear direction for your work. The key elements of a purpose statement include the topic or subject matter, the intended audience, and the overall goal or objective of your writing.

How can a purpose statement benefit your writing?

A purpose statement can help you stay focused and on track when writing. It can also help you to avoid going off-topic or getting bogged down in unnecessary details. By clearly identifying the main goal or objective of your writing, a purpose statement can help you to stay organized and ensure that your writing is effective and impactful.

What are some common mistakes to avoid when writing a purpose statement?

One common mistake is being too vague or general in your purpose statement. Another mistake is making your purpose statement too long or complex, which can make it difficult to understand. Additionally, it’s important to avoid including unnecessary information or details that are not directly relevant to your main goal or objective.

How can you tailor your purpose statement to your audience?

When writing a purpose statement, it’s important to consider your audience and their needs. You should tailor your purpose statement to your audience by using language and terminology that they will understand. You should also consider their level of knowledge or expertise on the subject matter and adjust your purpose statement accordingly.

What are some effective templates for writing a purpose statement?

There are many effective templates for writing a purpose statement, but one common approach is to use the following structure: “The purpose of this writing is to [insert goal or objective] for [insert audience] regarding [insert topic or subject matter].”

Can you provide examples of successful purpose statements?

• “The purpose of this report is to provide an analysis of the current market trends and make recommendations for future growth strategies for our company.”
• “The purpose of this essay is to explore the impact of social media on modern communication and its implications for society.”
• “The purpose of this proposal is to secure funding for a new community center that will provide educational and recreational opportunities for local residents.”
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How to Write a Purpose Statement That Serves Its Purpose (With 10 Examples)

If you had 5 minutes – or better yet, 5 seconds, could you describe WHY your organization exists? Would your colleagues describe it in the same way? And more importantly, would they FEEL a strong connection to the company's purpose?

Companies with a clear business purpose statement, and that use their purpose statement to connect with employees, customers, and key stakeholders at a deeper level, have an edge.

Why Company Purpose Matters Even More Today

It’s not a new concept: we tend to feel a bit better going to work or buying a product or service when we know there’s a greater reason for being behind it. It’s often a deciding factor between choosing one brand or company over another. What is new, though, is that the world we live and work in today calls for even more of a spotlight on purpose.

According to a 2021 McKinsey study , nearly 70% of employees are reflecting on purpose because of the pandemic. And, based on a PwC survey , 83% of employees rated “meaning in day-to-day work” as important to them. This has a downstream impact on hiring, morale, retention, and performance.

Your purpose statement is the foundation for how you can attract and retain talent, differentiate your culture, accelerate performance in a competitive, crowded marketplace, and re-energize employees who may be fatigued, apathetic, or skeptical.

The same McKinsey study found that employees who say that they live their purpose at work are:

• 6.5 times more likely to report higher resilience,
• 4 times more likely to report better health,
• 6 times more likely to want to stay at the company, and
• 1.5 times more likely to go above and beyond to contribute to the company (which is the employee engagement outcome many leaders and teams try to achieve).

For these reasons and more, our team believes that every organization should have a purpose statement and should know how to use it to tell your story on the inside and out for business impact so employees, customers, investors, shareholders, potential employees, and customers, and your many other stakeholders and partners see that they have a place in your company’s purpose.

What the Purpose Statement Is

A company purpose statement is its reason for being. It should answer these questions: Why do we exist beyond making money? What would the world lose if we didn’t exist? It goes beyond who you are and what you do. It’s your why and the impact your organization has on others.

Here are six characteristics of great purpose statements:

• Articulate the movement they’re ultimately championing and/or why the company is on the journey they are
• Are grand and aspirational while also believable
• Are differentiated so when viewed together with the mission, vision, and values of your company they are unique to your organization
• Are specific and create clarity, so they mean something to your company
• Are memorable and repeatable
• Have a tone and content that reflects the culture of the organization and fits them like a glove

Done right, company purpose statements are an important aspect of decision-making inside an organization so that it’s consistent with the company’s purpose.

10 Company Purpose Statement Examples

Here are 10 purpose statement examples across a variety of industries with a few thoughts on what makes them strong:

• AT&T: We create connection. This is both aspirational and ties to the company and its products and services over the years – which makes it believable. While it isn’t specific to a product, it creates clarity about what the company sees as its ultimate reason for being – to create connection. This is what we mean by “fitting like a glove”.
• Charles Schwab Corporation: To champion every client's goals with passion and integrity. It speaks to the larger reason for being a company in the financial services industry. It is specific to the movement it focuses on (championing clients’ goals) and it reflects the culture of the organization (passion and integrity). It’s both aspirational and believable.
• CVS Health: Bringing our heart to every moment of your health™ This captures the essence of the company’s focus around people’s lives and health. It’s memorable and repeatable and is used as a tagline. It ties in its brand as well (the heart), which also speaks to company culture and its intended service experience.
• Kellogg’s: Creating better days and a place at the table for everyone through our trusted food brands. You see the statement, company name, think of the products, and know that they go hand in hand. It speaks to the movement the company is championing (better days and a place at the table for everyone). It is grand and aspirational while also being believable. It’s specific and speaks to its industry (trusted food brand).
• Ford Motor Company: To help build a better world, where every person is free to move and pursue their dreams. This is grand and aspirational as well as entirely believable. If you run the screen of “what would be at risk if the company didn’t exist?” the mind goes to images of people not being able to get to their jobs, school, to travel, and be where they want to be. In reading this purpose statement, you learn quite a bit about the company and what it stands for (build a better world, be free to move, help people pursue their dreams).
• Virgin Atlantic: Everyone can take on the world. It speaks to the culture of the company, is easy to remember, and is memorable. It’s aspirational and yet feels believable in the sense that its products and services actually help people “take on the world”. There’s a swagger to this phrase that exudes confidence, feels empowering, and feels right at home with the brand. When you see this purpose statement and think about the company and what it’s all about, you can see (and almost feel) how they belong together.
• McDonald’s: To feed and foster communities. It’s memorable, repeatable, and naturally ties to the business it is in. It also signals in a believable way that its aspirations go beyond food and are also about building communities.
• NIKE: To move the world forward through the power of sport. It’s clear, easy to remember, and specific to the business. You know the industry right away which helps differentiate them (power of sport). It’s aspirational (moving the world forward) and also believable. When you read the purpose statement, you can visualize the essence of the company and its products that help people move.
• Novartis: To reimagine medicine to improve and extend people's lives. It’s specific to the industry (healthcare) and speaks to why the company exists (reimagine medicine) and its higher level reason for being (improve and extend people’s lives). It’s clear and easy to remember.
• Kroger: To feed the human spirit™ This speaks to its industry and focus as a business (food). It’s easy to remember and repeat, reading like a slogan. It’s also aspirational in that it speaks to feeding more than the “person” but also the “human spirit”.

How a Purpose Statement Fits Into Your Company’s Mission, Vision, and Values

Purpose is one of several elements of your organization’s DNA that make your company uniquely you. Together, these define who you are as a company and what you stand for. They serve as your North Star for your business – what you do, why you do it, and how you do it.

• Purpose statement: An organization’s reason for being (beyond making a profit) and how the products/services benefit people. It answers the questions for your customers and employees: why do we exist and what would the world lose if we didn’t exist? It has an external focus and remains constant over time. Purpose statements could be centered on society, customers, or community. All the other elements of the DNA tie back to the purpose statement.
• Mission statement: The mission states what the company will do to realize its business purpose. It comes from the perspective of inside the organization. The key elements to the mission statement are that it states the type of business/work you do today, is forward-looking, and speaks to your capabilities. It focuses on what you do and how you do it. A mission statement guides decision-making and informs business strategy, and it could evolve over time while your organization’s purpose remains the same.
• Vision statement: Paints a picture of what our company’s future looks like if we’re successful. It answers the question. It’s a statement of where the organization is heading. It’s future-oriented and aspirational. It’s also connected to the hearts and minds of people and captures hopes and dreams.
• Values and behaviors: These make up the desired ways of work (or culture) that employees need to live to advance the purpose, mission, and vision. Values describe the principles that are expected of employees, and behaviors are the tangible, observable, measurable elements that can be implemented. Both values and behaviors are intended to help employees know what’s expected of them and to guide how they show up at work. They define the company’s culture and personality, and answer the question: What does our company look like in action? Values and behaviors can happen in pockets but are aspirational for others.

Put another way…

• The purpose GUIDES you.
• The mission FOCUSES you.
• The vision INSPIRES you.
• The values ALIGN you.
• The behaviors MEASURE you.

These elements of a company’s DNA form a strategic framework that helps employees know what matters most for the organization, and how day-to-day business plans and tasks fit into the larger whole and greater good. It’s also an important way for employees to see how their sense of purpose fits (or doesn’t) with the place they work.

It’s like a stack of jigsaw puzzle pieces that fit together to form a cohesive picture for everyone to see and share in common.

How to Know When You Need to Update Your Purpose Statement

Because the purpose statement guides your company, it’s important to regularly calibrate between your purpose statement and changing dynamics to ensure they stay connected in all the right ways. Here are some defining moments in a company that signal when it’s time to review your purpose statement and determine whether it’s time to update it:

• New CEO / leadership team: With new leadership comes new perspective on the business. It’s a time when leaders are evaluating the business, weighing options, and setting new directions for the company that will make an impact. It’s important to also evaluate the purpose statement of the company and line it up.
• Merger and/or acquisition: This is a major change to your company that warrants a calibration to your purpose statement (and mission, vision, and values) as new entities, teams, products, and services are at play. It’s a good time to evaluate whether the purpose statement remains true to the company in its new state. At a minimum, it’s critical to drive awareness of your company’s purpose with employees, customers, and other stakeholders so they fully understand and appreciate it.
• New strategy: Purpose statements and company strategy must go hand in hand so if your company has a new strategy (or is working on a new strategy ), check that the purpose statement is still consistent and relevant.
• Significant transformation: Congruency between the company’s purpose and actions is essential. When big changes are happening in a company it’s key to calibrate so the transformation efforts continue to sync and support the company’s purpose and strategic direction. And, if the transformation is changing direction for a company, then the purpose statement (and mission, vision, and values) may need to evolve.
• Recruitment, retention issues, or other people-related issues: More than ever, employees want to work for companies that share a common sense of purpose and values. If your organization is struggling to recruit and retain employees, check your purpose statement and see if it’s as relevant and compelling as it needs to be.
• Heightened competition: Employees, customers, and investors look for differentiation and companies with an edge. Your purpose statement says a lot about your company – who you are, what you stand for, why you exist, and what’s at risk if you’re not there. When competition is fierce, it’s time to look at your purpose statement to see if it defines you accurately, speaks to your aspirations, and helps you stand out.
• Annual strategic planning: Make it a habit to check your purpose statement (along with your vision, mission, and values) annually in the context of your company’s strategic planning, so the most important elements of your organization guide decision-making for key priorities and plans for the year. It’s the ultimate litmus test to see that priorities and plans support your company’s purpose statement (and overall DNA). And, if they don’t line up, to have strategic conversations about what’s changing and why and whether it warrants updating your purpose statement.

How to Write a Purpose Statement

Apply these principles as you consider your approach to developing your company’s purpose statement:

• Make it a strategic business exercise – that sets the direction for your vision, mission, values, and strategy and is the foundation for how people know you as a company. Keep it from being a word-smithing exercise.
• Be intentional – Dig deep to understand the origin of the company and follow that thread through to who you are today, and why you will continue to exist in the future.
• Let leaders set the tone and involve others with purpose – The purpose statement should be shaped by the leadership team and key influencers in the company and then vetted and fine-tuned with employees so that they have shared meaning and ownership. This is bigger than any one person or team writing the purpose statement.
• Iterate – Work a smart process and let the process work so as people’s thinking evolves, the purpose statement captures it.
• Connect to your culture – Let the essence of your culture come through in how you describe the essence of your company.
• Go beyond the ordinary – If you lined up your purpose statement with others in your industry (or even other industries), check that it stands out from the rest.
• Have a plan – This is how you’re going to create the purpose statement and what you’ll do to introduce it to your key stakeholders inside and outside the company.

Steps to Writing Your Purpose Statement

Whether creating a purpose statement from scratch or refreshing an existing one, follow these steps to guide you. How you approach writing your purpose statement may vary depending on where you are as an organization, your starting point, and your culture.

• Intake Compare your current purpose statement with how your organization shows up in internal and external artifacts to see what’s consistent and what’s not. Ask: What’s similar and what’s different that we should consider for the new purpose statement?
• Develop Your Roadmap Determine your plan of action to get to a purpose statement that your organization is fully aligned around. Ask: What are the key steps and milestones to drive toward?
• Identify Your Stakeholders and Engagement Plan Map your plan for who and how you’ll engage people from across your organization in the process. Consider who your champions will be, who will be hands-on in co-creation, and who you want to involve along the way to preview or test concepts. If there are many stakeholders, consider a working group or committee of representatives to advance the work in a more manageable way. And then involve others to preview and test the committee’s work. Ask: When the purpose statement is drafted, who do we need to have on board so they support it and what’s the best way to get those people involved?
• Conduct Stakeholder Listening Based on your engagement plan, hold listening sessions with key stakeholders to understand their thoughts on the business and how that translates to the company’s purpose. Summarize what you’re hearing. Ask: What are the common themes and where are there different points of view that warrant more conversation and alignment?
• Co-create the Purpose Statement Gather all the key stakeholders to co-create the purpose statement together in a hands-on, interactive way. Have a facilitator lead the session and leverage all the work done in Steps 1 through 4. You can walk out with a solid draft of the purpose statement that the group is aligned around and that’s ready to test drive with others.  Ask: Do we have a purpose statement that we all understand, believe in, and can champion?
• Test the Purpose Statement Involve other stakeholders for input and buy-in. Get the draft purpose statement in front of employee groups and see what they say. You can also have key groups of leaders and working group members test drive the purpose statement with their teams. Ask: What resonates, where is further clarification needed, and in what ways do we see this purpose statement being lived in the company?
• Discuss and Refine the Purpose Statement Use the learnings as fodder for discussion with your core working group and champions about what changes to make in the purpose statement and to inform your communications before you revise and finalize the purpose statement. Ask: What feedback warrants changes to the purpose statement? What concepts will require more communication to help people understand?

Key Learnings from Developing Purpose Statements

We’ve worked with many clients to create their purpose statement (and their mission, vision, and values as well). Here are four things to keep in mind:

• The process is as important as the statement – How you engage people and bring them along on the journey is just as important as what the final words are of your company’s purpose statement. You need a purpose statement that will guide the company – and its people – for years to come and that requires involvement from people.
• Involve skeptics – Some may think of this work as a word-smithing activity or that culminates in posters that no one ever reads. To those people, we say … let’s get you involved in this process so we can make sure that doesn’t happen. Build a plan that is skeptic-proof. I’ve heard from many leaders as they go through this process that they were skeptical about this work at first and then became the biggest advocates of the purpose statement they created and the process that was taken to build it.
• Avoid shortcuts that may cause shortcomings – On paper, a purpose statement is just a few words but getting a room full of people (let alone a whole company) to align around the meaning behind the words looks easier than it is. We believe in a “go slow to go fast” approach that by working a smart process you’ll get to a better outcome faster and that will have lasting power. Watch out for shortcuts that can cause shortcomings – for example, skipping listening or testing may save a few days, but you lose out on important insights and cut people out of being involved who could have become champions.
• Embrace input – It can be nerve-wracking to draft a purpose statement and then take it to pockets of the organization for input not knowing if it will be liked or overhauled. However, it’s better to bring people along on the journey and get input before things are finalized for prime time. In addition, when people are engaged earlier, they tend to be more positive. We worked with a client to preview their company’s DNA (including the purpose statement) with more than 1,000 people. The reception was extremely positive and where there was feedback, it was hugely helpful. Most importantly, when it came time to roll out the final content, people were on board and ready to champion it because they had been a part of the process.

You’ve Crafted Your Purpose Statement – Now What?

Having a clear purpose statement is a big step to celebrate. It’s also just the beginning as you think about how to embed it into the organization. Consider these next steps:

• Define your terms – A purpose statement is just a few words, but every single word matters and needs to mean something. Have specific definitions for each word so people in your organization know what it means and use the terms consistently.
• Align the rest of the strategy to the purpose statement – The purpose statement anchors many other components of your company’s strategic framework so everything needs to ladder back to it, including the mission, vision, values, culture, business plans and priorities, and KPIs and metrics. Identify where there are connections to make and/or disconnects to address. Create a strategic framework that shows visually how all the pieces connect together.
• Plan the rollout and activation – Have a plan for how to communicate the company’s purpose across the organization. Think of it in terms of launching, activating, and sustaining so you can embed the purpose in how people think and work. Make it part of the everyday storytelling inside and outside the company. This takes time, consistency across voices and channels, and purposeful communication.

Case Study: A Purpose-Driven Function

We worked recently with a large function in a global organization through these steps. The function originally needed help to roll out and embed their new strategy to its 7,500 employees, but early on it became clear that before employees could align around a strategy, they first needed to come together with one shared purpose. Working these steps led to many defining moments, including:

• During discovery, an employee survey led to useful insights that guided the leadership team’s focus and helped them address some opportunities, and it served as a follow-up loop for communicating the purpose and strategy.
• Leader listening uncovered a wide range of perspectives on the organization’s purpose and path forward. This was critical to uncover early on, so the work to follow could bridge the gaps and bring the leaders together as one aligned team.
• The process of co-creating the purpose statement worked. It got some grumbles at first. “Really, we need to break up into groups and do flip chart exercises?” Yes... and did they ever rise to the occasion. In a few short hours, the group co-created a purpose statement and started using it in the same meeting to make some critical business decisions. It was an instant payoff and the leadership team knew it. They later described that as a defining moment for their leadership team and their company.
• Leaders played an active role in talking about the purpose statement with their teams and ensuring a common understanding of the meaning of each element of the purpose.
• Next-level leaders (directors and above in this case) became immersed in their purpose, mission, vision, values, and strategy at an offsite meeting where every moment of the day was designed purposefully to bring the company’s DNA to life in ways that made it real, relevant, and actionable for them, so they could take the same experience and energy back to their teams to get them grounded in it.
• The purpose statement took on a life of its own as leaders enrolled their teams in it. They held rallies, decorated their sites with signage, gave employees swag, made it part of everyday conversation, and even got teams writing songs about the purpose statement. It took hold because people got inspired and excited about it.

To learn how we helped another organization define its new DNA following a merger of equals, check out this case study .

Final Thoughts

Be purposeful when creating your company’s purpose statement so that it’s strategic, you have organizational buy-in, and it’s tied to business goals for the best outcome. Follow these steps so that your organization has a purpose statement that effortlessly describes why you exist and guides your company for the future in a way that sets you apart, and that employees, customers, and other key stakeholders know and believe in.  

As you reflect on your company’s purpose statement, would it benefit from being updated?

—Kate Bushnell

This quick guide covers a methodology you can use to co-create your purpose statement and maximize leader and employee buy-in. Download Maximizing Strategy Development & Rollout with Top Leaders   today!

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Other posts you might be interested in, 4 steps to harness the power of purpose and drive business transformation – guest blogger, tapestry's jennifer leemann, 4 ways leaders can take control of the great resignation, show you care: 4 must-have strategies to build feedback channels in your organization, subscribe to the leadercommunicator blog.

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How to Write a Purpose Statement for Your Company (+31 Examples)

Looking for tips on how to write a purpose statement for your company? Curious about what a purpose statement is, why it’s important, or even how it’s different than a mission statement?

Wherever you are in the process of understanding, identifying, or writing your company’s purpose statement, we have the information and insight you need to take the next step.

Articulating your business’s purpose in a clear, concise purpose statement is key to creating a more impactful brand . This is because purpose gets right to the heart of why you do what you do as a business. It speaks to profound reasons why employees and customers want to be associated with your brand.

In what follows, we’ll take a look why a purpose is so critical to your business’s success. We’ll unpack a purpose statement definition, look at purpose statement examples in the world’s most successful brands, and see how you can define a powerful purpose statement for your own brand.

What is a Purpose Statement?

The difference between a purpose statement and a mission statement, the benefits of a strong purpose statement, 5 qualities of a strong purpose statement, how to write a purpose statement, 31 purpose statement examples, the takeaway.

A purpose statement is a short sentence that describes the reason a company exists beyond making money. It is the singular answer to the most fundamental question an organization faces: “Why?”

Why does your business exist? What drives you to get out of bed in the morning to go to work? Why do you work long hours or make sacrifices to keep your business moving forward?

Purpose is the primary driver that motivates an organization, especially during difficult or challenging times. It is the impetus behind the action that leads to the impact .

Also known as a core purpose, business purpose, or company purpose, a purpose statement is an essential component of the brand compass , a strategic messaging system that also includes vision , mission , and values .

So, what’s the difference between a purpose statement and a mission statement?

The answer is fairly straightforward. Where a purpose statement describes the simple, profound idea behind why an organization exists, a mission statement is a more detailed account. Your mission statement outlines what you plan to do as an organization, how you plan to achieve it, and whom you’re doing it for.

You can think of your purpose statement as describing the emotional or philosophical motivation behind your business, while your mission statement is a strategic roadmap for your business’s success.

Organizational purpose isn’t just for environmentally or socially conscious brands, either. A well-crafted purpose statement that powerfully communicates your organization’s raison d’être is one of the best ways to connect with those you serve on a more profound, human level.

As we’ll see below, connections like these are a powerful way to boost brand loyalty among customers and employees alike. Let’s take a closer look some of the most immediate benefits of a strong purpose statement.

Attract & Retain Top Talent

Today’s employees are looking for more than competitive salaries and attractive benefits packages. The best talent out there wants to work for purpose-driven companies. This makes purpose an indispensable component to effective employer branding .

This fact has been borne out by multiple studies of late. Take the findings from Porter Novelli’s Purpose Perception Study , which surveyed 1,200 adults ranging in age from 18 to 69.

The study found that:

• 78% of employees are more likely to want to work a purpose-driven company
• 72% are more likely to be loyal to that company
• 72% are more likely to forgive that company if it makes a misstep

Not only does clearly defining and communicating your company purpose put your business in a more competitive position in the labor market, it also ensures that the employees you do hire will stick around longer. Reduced turnover means more cohesive company culture and better brand alignment . It also means the investments you make in your workforce will have larger, longer-term dividends.

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Improve Productivity

The benefits of a clearly articulated purpose don’t end with attracting talent and building culture. Business purpose is a powerful driver when it comes to employee productivity.

The simple truth is that inspired employees are more productive employees. As we’ve already seen, purpose gives your team motivation that goes beyond a paycheck and a benefits package. It gives them a reason to get out of bed in the morning.

When workers have a purposeful reason for putting in long hours that goes beyond mere financial compensation, they are more likely to see personal sacrifices as worth it. A more cohesive company culture filled with more motivated employees naturally leads to a more inspired, more productive team.

Inspire Your Customers

Where employees want to work for purpose-driven brands, customers want to buy from them. We see evidence of this fact borne out in study after study.

Porter Novelli found that purpose matters in important ways to vast majorities of consumers:

• 66% of customers consider a company’s purpose when making purchase decisions
• 78% are more likely to remember a company with a strong purpose

In today’s marketplace, it’s simply no longer good enough to compete on the basis of cost or quality alone. Today’s customers expect more from the businesses they engage with. They want to align themselves with brands that share their values. That starts with purpose.

Brands with a clearly defined, authentic sense of purpose will always have an edge in our increasingly socially conscious consumer landscape.

Meaningfully Differentiate Yourself from the Competition

Speaking of competition, your core purpose is one of the most profound ways to set your brand apart from similar brands in your industry.

Not only are customers more likely to recognize, remember, and engage with a purpose-driven brand, they’re also more likely to purchase it over the competition. In fact, 71% of customers say they would purchase from a purpose-driven company over the alternative when cost and quality are equal.

The fact is, if you haven’t clearly defined your purpose statement, you can’t very well build a purpose-driven brand. And if you haven’t built a purpose-driven brand, you’re missing out on a fundamental opportunity to create meaningful competitive differentiation , connect with customers, and gain market share.

The numbers don’t lie. Both internally and externally, business purpose is an essential ingredient of business growth.

So, what separates a strong purpose statement from a less effective one? There are five qualities that every good business purpose statement should have.

A strong purpose statement is:

Purpose starts first and foremost with authenticity. The two ideas are inextricably linked. So, what does it mean for a company purpose to be authentic?

An authentic purpose statement is one that is borne from an honest accounting of who you are as an organization, where you started, and where you’re headed. It is a genuine sentiment that reflects your true character and values and that’s aligned with your brand positioning .

An authentic purpose is ultimately also a human idea. It isn’t about your own business’s growth but about the change you hope to affect in the world. Which is a good segue to our next essential quality of every strong purpose statement.

A strong corporate purpose isn’t just honest and genuine, it’s also deep and meaningful. Your purpose should mean something—both to those within your organization and to those you serve.

A profound purpose is an idea that makes people think. It should convince both your customers and your employees that you stand for something beyond quarterly reports and balance sheet figures.

Many brands find profound purpose in environmental and/or social impact, but not every purpose has to be centered on an ESG-oriented value proposition . A profound purpose can be as simple as making the world a happier, safer, or more enriching place.

The best purpose statements aren’t just authentic and profound, they are also inspiring. Your purpose, remember, is the reason you do what you do as an organization. It is by its very definition a motivational idea.

Describing that motivation in a way that inspires people to act is the best way to get the most mileage out of your purpose statement—and build brand equity in the process. Your purpose statement should inspire your employees to find deeper meaning in the work they do, giving them the impetus they need to push through challenging times.

Your business purpose statement should also inspire your customers. Not just to buy your products and services (although, as we’ve seen, that’s one of the most tangible benefits of a well-crafted purpose), but also to associate themselves with your brand. Customers inspired by purpose will always be your best brand advocates.

A quick Google search will turn up business purpose examples of all shapes and sizes. This includes long, run-on sentences that unpack not just why a company does what it does, but also what, how, and for whom. As is the case with nearly all writing, however, the best of the bunch are the shortest ones.

A purpose statement should be as concise as possible for two reasons. One, your organizational purpose is the answer to one question and one question only: why? Second, the shorter the statement, the more powerful it becomes.

You’ll see this firsthand in the purpose statement examples we’ve collected below. While we limited our list to the best purpose statements we could find, you’ll see that even among these highlights, the shortest and simplest statements outshine the others.

Take Netflix’s “To entertain the world” or Kroger’s “To feed the human spirit.” Both leave little room for doubt when it comes to the profound reasons why these companies exist—and do so in as few words as possible.

The final quality of a strong purpose statement is clarity. After all, your corporate purpose can be as authentic and concise as possible, but if it’s vague or ambiguous it won’t be very meaningful or inspiring to those who hear it.

A clearly stated core purpose is one that isn’t too abstract or philosophical. It doesn’t beat around the bush when it comes to plainly answering the question “why?”

We’ll explore more about how to craft a clear, concise purpose statement in our next section, but suffice it to say that when it comes to communicating the singular reason your business exists, clarity is kind.

Think of the five essential qualities above as the ultimate criteria for the final draft of your purpose statement. But one of the keys to writing a strong purpose statement is not to worry too much about checking all of the boxes when you first get started.

Let’s take a closer look at what the process looks like when you’re ready to write your company purpose statement.

So how do you write a business purpose statement of your own? We’ve boiled it down to three simple steps that are sure to result in an effective and impactful statement.

1. Identify Your Purpose

The first step in the process is brainstorming and ideation. This is the “no bad ideas” phase, where the goal isn’t to worry about conciseness or clarity, but rather to come up with a handful of ideas to choose from.

Put together a small team of your most creative minds in front of a whiteboard and start by asking yourself the following questions:

• Why do we exist as an organization?
• Why do we do what we do as a business (beyond making money or increasing shareholder value)?
• What positive change are we looking to affect in the world?
• Why do we get out of bed in the morning to go to work (beyond a paycheck)?
• What is it that drives us to put in extra effort or push through challenging times?
• Why do we work long hours or put up with the occasional unruly customer or make any of the sacrifices we do to keep our business moving forward?

Once you have a handful of ideas, try to identify a single idea or theme that is behind them all. The goal is to get to the heart of why you do what you do.

Pro tip: if you think you’ve put your finger on it, ask “why?” again. Is it to better your community? To make people happy? To make the world a safer place? You’re looking for a central, profound idea behind everything you do.

Imagine yourself as the precocious, insatiably curious kid, who keeps asking why until you get to the heart of the matter.

2. Articulate Your Purpose

Once you think you’ve hit on the idea that is at the root of why you do what you do, the next step is to craft it into a purpose statement.

Now, because purpose statements are essentially answers to the question “why?” most of them take a similar format.

So, “Why do you do X?”

“We do X to Y”

Or, more simply:

Purpose statements that start with an infinite verb like this are by nature actively oriented. And actively oriented statements will always be more inspiring and motivational than passively oriented statements.

Try following a similar format with your purpose statement. In the sentence, “We do X to Y,” what are your X and Y?

Maybe you “sell electric vehicles to keep people moving.” Or maybe you “design cutting-edge apps to navigate the world.” Or perhaps you “produce fertilizer to make the world a greener place.”

Whatever your answer might be, whittle it down to just the Y:

To keep people moving.

To navigate the world.

To make the world a greener place.

Remember, when it comes to purpose statements, the shorter the better. Try to boil it down to a single idea and aim for no more than 6 or 7 words. Don’t worry about the “what” or “how.” The goal is not a statement that says “To do X because of Z so that Y.” You’re just looking for “To Y.”

3. Communicate Your Purpose

The final step of any good purpose statement is to use it as inspiration throughout your business. As we’ve already seen, purpose should be at the very heart of everything you do as an organization.

From your business model to your branding to your marketing and beyond—all of it makes more sense and is more impactful when you start with “why.”

Internally, your purpose statement should be an integral part of brand compass messaging that your entire team is familiar with. It should be documented in your brand guidelines and be used as a cornerstone of internal communications.

Externally, your organizational purpose should be the starting point for your brand story . As we’ll see in out next section, the world’s most compelling brands are those with purpose-driven brand experiences .

Customers instinctually gravitate towards brands with an authentic sense of purpose that shines through in everything from their brand messaging to their brand design .

Purpose has become increasingly more important to Fortune 500 brands like those listed here. Let’s take a look at how these brands have articulated their purpose statements—and leveraged them to build more meaningful connections with those they serve.

AT&T’s Purpose: “To connect people to greater possibility – with expertise, simplicity, and inspiration.”

BlackRock’s Purpose: “To help more and more people experience financial well-being.”

Coca-Cola’s Purpose: “Refresh the world. Make a difference.”

CVS’s Purpose: “Bringing our heart to every moment of your health.”

Intel’s Purpose: “To create world-changing technology that improves the life of every person on the planet.”

Kohl’s Purpose: “To inspire and empower families to lead fulfilled lives.”

Kroger’s Purpose: “To feed the human spirit.”

MetLife’s Purpose: “To help our customers navigate life’s twists and turns.”

Ralph Lauren’s Purpose: “To inspire the dream of a better life through authenticity and timeless style.”

Target’s Purpose: “To help all families discover the joy of everyday life.”

Verizon’s Purpose: “To give people the ability to do more.”

Walgreens’ Purpose: “More joyful lives through better health.”

Walmart’s Purpose: “To help people save money so they can live better.”

REI’s Purpose: “To awaken a life-long love of the outdoors.”

Amazon’s Purpose: “To be Earth’s most customer-centric company.”

Netflix’s Purpose: “To entertain the world”

Disney’s Purpose: “To entertain, inform and inspire people around the globe through the power of unparalleled storytelling.”

Google’s Purpose: “To organize the world’s information”

Zappos’s Purpose: “To deliver WOW.”

Red Bull’s Purpose: “To give wings to people and ideas”

Lyft’s Purpose: “To improve people’s lives with the world’s best transportation.”

Adidas’s Purpose: “Through sport, we have the power to change lives.”

Apple’s Purpose: “To empower creative exploration and self-expression.”

Chobani’s Purpose: “To make better food for more people.”

IKEA’s Purpose: “To create a better everyday life for the many people.”

Lego’s Purpose: “To inspire and develop the builders of tomorrow.”

SAP’s Purpose: “To help the world run better and improve people’s lives.”

Microsoft’s Purpose: “To empower every person and organization on this planet to achieve more.”

Airbnb’s Purpose: “To help people to belong anywhere.”

Tesla’s Purpose: “To accelerate the planet’s transition to sustainable energy.”

Patagonia’s Purpose: “To save our home planet.”

A powerful purpose statement is one of the best ways to foster brand loyalty and build brand equity. By identifying your organization’s reason for existing beyond making money and articulating a clear, concise, and authentic statement that communicates that reason, you can set the stage for creating deeper connections with customers and employees alike.

Take inspiration from the growing list of Fortune 500 brands, whose business purpose examples are listed above. Few things are more powerful than purpose when it comes to creating a profound brand experience that speaks to audiences on a deeply human level.

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The Poetry of Purpose: Inspirational Purpose Statement Examples

Discover what an effective purpose statement is, read insightful purpose statement examples, and learn how to drive your career, projects, or business.

Directing a business, a project, or even your own career can be an uphill battle if you lack a central point of focus and purpose.

What do you hold onto when priorities seem muddled? How do you lead your team toward shared goals? How do you assure clients that you’re on the same page as them?

That’s what a well-crafted and clearly defined purpose statement is for.

Whether you’re drafting a purpose statement for personal development, a project, or a business, this guide is made for you. Dive in to get a sharper understanding of what a purpose statement is and how to write one — plus, inspiration from insightful examples.

What are purpose statements?

A purpose statement or vision statement explains your “why.” It helps others understand why you do what you do.

However, a purpose statement isn’t just about setting goals or making plans — it’s also about giving those goals and plans real meaning. It’s what adds  soul  to the process.

There are three main kinds of purpose statements: personal (for you), project (for a specific task), and business (for a company). Each of these is crafted to address the unique needs, challenges, and aspirations of its particular area, but they all share the same aim: to bring about clarity, direction, and motivation.

Personal purpose statement

A personal purpose statement highlights what drives you, your goals, and what you truly care about. It covers not only where you want to go but also why you want to go there and the principles you’ll honor along the way.

A personal purpose statement has transformative power, bringing clarity to the chaos, direction amid distractions, and an unwavering foundation when life’s storms hit.

A helpful tip to help you craft your purpose statement is to reflect on moments in the past when you felt most fulfilled or when you made a difference, no matter how small.

With a personal vision statement, every choice and step you take is anchored to something bigger. Crafting one can improve your quality of life, filling your days with purpose, depth, and contentment.

Project purpose statement

A project purpose statement includes a clear declaration of the intent and goals of a project. It provides detailed information about the project objectives, the method that will be used to achieve them, and the values the project aspires to uphold.

Clearly defined objectives lay out the expected outcome of the project. Whether it’s the development of a new software solution or the unveiling of a new product line, these objectives need to be communicated so everyone involved has a clear understanding of what to aim for.

The method, or the plan of action, is where the  project scope  is defined. The scope outlines the specific steps, the extent of the work to be done, and the limits of the project. Defining the project scope helps manage expectations and ensures that resources are used efficiently and the project remains on track.

Values serve as the ethical cornerstone of a project. They set the guiding principles for decision-making so that the project upholds its integrity in the face of challenges.

One of the main benefits of a project purpose statement is its ability to bring clarity and alignment, which increases team engagement. In fact,  78% of adults  are more likely to want to work for a company that leads with purpose. A project purpose statement ensures all involved stakeholders are on the same page, which is essential for building trust and motivating team members.

Business purpose statement

A business purpose statement defines a company’s core values, goals, and mission. It goes beyond profit margins and product lines to capture the overarching ethos and culture that the business champions.

A business purpose statement is instrumental in integrating  strategies for team collaboration . Having a clear vision and values ensures that everyone in the company, regardless of their position, shares the same objectives. This unified approach fosters a more cohesive, efficient, and motivated work environment in which everyone feels they are contributing to a shared goal.

Moreover, when a company is clear about its purpose, this resonates with customers. Notably,  71% of consumers  prefer to buy from a company with a strong purpose.

‎Purpose statement vs. value statement vs. mission statement

“Purpose statement,” “value statement,” and “mission statement” are common buzzwords in the workplace. But how do they differ? Let’s take a quick look at each of them, using the golden arches of McDonald’s as our guide.

Purpose statement

A purpose statement addresses the reason a company exists. It is the driving force for what a company hopes to ultimately achieve. McDonald’s  purpose  is “to feed and foster communities,” which emphasizes its commitment to not just serving food but also positively impacting communities.

Mission statement

A mission statement is about the present moment and how the company operates day-to-day to fulfill its purpose. It’s more specific and action-oriented than the purpose statement.  McDonald’s mission , “Making delicious feel-good moments easy for everyone,” shows that its daily objective is to provide enjoyable and convenient meals.

Value statement

A value statement articulates the principles and beliefs that guide a company’s actions and decisions. It represents the company’s core ethics.

Here is McDonald’s value statement:

Serve:  We put our guests and people first.

Inclusion:  We open our doors to everyone.

Integrity:  We do the right thing.

Community:  We are good neighbors.

Family:  We get better together.

These values outline the principles that dictate how Mcdonald’s conducts business and interacts with stakeholders.

Purpose statement examples

Ever stumbled upon a phrase or slogan from a brand that made you nod in agreement or even see the company in a new light?

That’s the power of an inspirational purpose statement. Looking at purpose statement examples is like window shopping for ideas and inspirations. It can guide you in finding your own words and direction.

Moreover, reading the purpose statements of businesses you admire can help you consider your own priorities and goals.

Personal purpose statements

A personal purpose statement offers a clear view of what fuels your passion and shapes your choices. Merging this clarity into your work can lead to more meaningful experiences and connections.

Here are some examples:

• “I am committed to maximizing my daily output and making the most of my day doing productive tasks.”
• “Building bridges, not walls, in teamwork is my mantra; I believe in harnessing collective strength through collaboration.”
• “Every challenge is a stepping stone, and I aim to achieve success by facing every obstacle head-on.”
• “Clear, open, and effective communication is the foundation of all my interactions, as I value clarity and mutual respect.”
• “I prioritize meaningful relationships, nurturing trust, understanding, and growth in every personal and professional connection.”

Why are personal purpose statements effective?

These statements provide clear direction and intent. They’re concise yet powerful because they convey the individual’s core values and principles in each respective domain.

Project purpose statements

A project purpose statement explains the core objectives and values of your initiative. It paves the way for more structured, impactful, and meaningful outcomes.

Here are some guidelines for writing your statement:

• Productivity:  “Our goal is to work smarter and boost our daily output by 20% by optimizing existing workflows.”
• Delivery:  “We aim to deliver our products on time, making sure 95% of our orders get to our clients when promised.”
• Time management:  “With meticulous planning and execution, we will reduce turnaround time by 15%.”
• Teamwork/collaboration:  “Our project should include the contributions of every team member, leading to a collective achievement of our goals.”
• Innovation:  “To drive forward-thinking solutions in the 21st century, we will push the boundaries of what’s possible and encourage continuous improvement.”

Why are project purpose statements effective?

When employees understand a project’s value, they feel a heightened sense of purpose and are more committed.

Business purpose statements

A well-written business purpose statement inspires trust, loyalty, and motivation within not just the team but also customers.  Sixty-three percent of employees  say that they feel motivated in companies that clearly define and communicate value to customers.

‎Take a look at these real-world examples:

• Satisfying customers:  Amazon’s vision is “to be Earth’s most customer-centric company, where customers can find and discover anything they might want to buy online.”
• Business values:  Patagonia believes in “building the best product, causing no unnecessary harm, and using business to inspire and implement solutions to the environmental crisis.”
• Taking care of employees:  Starbucks promises “to nurture and inspire the human spirit — one person, one cup, and one neighborhood at a time.”
• Commercial success:  Apple aims “to bring the best user experience to its customers through its innovative hardware, software, and services.”
• Innovation:  Tesla, the pioneer of electric vehicles, is on a mission “to accelerate the world’s transition to sustainable energy.”

Why are purpose statements effective?

Purpose statements like these resonate deeply with both employees and consumers. With  66%  of consumers factoring in a business’s purpose during purchase decisions, clear objectives and values hold great sway.

‎How to utilize purpose statements

While crafting a powerful purpose statement is important, you need to weave it into the very fabric of your organization to maximize its impact. It’s not enough to simply have a purpose statement — the real magic happens when it’s applied and practiced daily.

As we dive deeper into this section, we’ll explore practical ways to breathe life into your purpose statement and make it a tangible force that drives your business.

Using personal purpose statements

Personal purpose statements can give you daily motivation and guidance in the workplace. Here are some strategies you can implement to integrate your personal purpose statement into your professional life:

1. Mindful morning rituals

Win the morning, win the day.

Start your day off by reflecting on your purpose statement. Use Motion to set a recurring reminder each morning, prompting you to read and meditate on your statement. This practice will help set the tone for the day and align you with your core purpose.

2. Task prioritization

Every task carries its own weight and significance. So move the ones that align most closely with your purpose statement to the top of your to-do list.

Motion can help you automatically prioritize your daily tasks based on your goals so you’re consistently focused on what matters most to you.

3. Reflective reviews

At the end of the week, use Motion to track and review the progress you’ve made. This is an easy way to reflect on your accomplishments and assess how they fit into your personal purpose statement. It not only gives you a sense of achievement but also provides insights into areas that need improvement.

Using project purpose statements

Having a well-defined project purpose statement and integrating it into the way you manage your teams, tasks, and workflows can help you stay aligned with your core purpose.

Seventy percent of employees  say that their sense of purpose is defined by their work. This makes an effective project purpose statement essential for getting your team on board and improving their sense of purpose.

Here are some strategies you can use to integrate a purpose statement into your projects:

1. Frequent reiteration

At the beginning of each meeting or brainstorming session, revisit the project’s purpose statement. A brief reminder can keep everyone focused and on track.

2. Visual displays

Incorporate your purpose statement into project documentation, dashboards, or even as a pinned note in a collaboration tool.

For example, Motion lets you attach documents, spreadsheets, pictures, and more to a project or task. Having your project purpose statement visible can serve as a constant touchstone on which to base your decision-making.

3. Communication alignment

Leverage communication tools, like Motion, to announce your purpose statement and gather feedback.

‎Open and public communication ensures that everyone understands and buys into the purpose, fostering a collective commitment.

Using business purpose statements

Implementing an effective business purpose statement means aligning all employees, directing the company, and sharing the vision with clients and potential customers.

Consider the following strategies to integrate your business’ purpose statement:

1. Employee onboarding and training

From day one, introduce new hires to the company’s purpose statement. Make it a central part of their onboarding orientation.

‎Use Motion’s meeting assistant to schedule regular training sessions with the team. Doing this can help emphasize your business purpose statement’s significance and help everyone uphold it.

2. Marketing and branding

Your external communications, whether advertising, PR, or social media, should reflect your purpose statement. This not only attracts customers that agree with it but also reinforces your commitment to it. Once it’s out in the open, there’s an added responsibility to consistently deliver on it.

3. Regular feedback

Set aside times during quarterly or annual reviews to revisit the purpose statement. Encourage feedback on how well it’s being integrated, and identify where improvements can be made. This process helps refine its application over time.

Motion helps you realize your purpose

A strong, clear, and tailored purpose is essential to have at every level.

With tools like Motion, you can ensure that your purpose statement comes to life in your everyday life and professional life, projects, and every aspect of your business.

If you can remember your priorities, integrate them into your actions, and communicate them clearly, your purpose statement can be your true North Star.

At Motion, our purpose is to empower individuals like you to navigate the complexities of life with confidence and clarity. We believe that everyone has the potential to achieve greatness, and it starts with harnessing the power of productivity.

Put your purpose statement into action by signing up for our  7-day free trial .

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Home - Blog - Best Purpose Statement Examples From the Fortune 500

Published on August 16, 2021

The best purpose statements weave values into the corporate DNA.

Nearly every company has a mission statement, but what about a purpose statement? Among the Fortune 500 companies, 425 have a mission statement. This is expected: Missions are mainstays in corporate governance frameworks. However, less than a quarter of Fortune 500 companies have gone out of their way to write a purpose statement.

Purpose statements are founded on what companies and organizations do best to advance or improve people’s lives. Companies that excel at purpose move beyond a statement of social responsibility . They reinvent themselves from the inside out, based on their purpose, and then measure their impact. 

While some view purpose as a reputation-enhancing initiative , other companies have it woven into the DNA of who they are . While neither is inherently superior, this contrast is clear from the placement of companies’ purpose statements. In presenting purpose statement examples, we noted that presenting purpose as part of “Our Story” is different from detailing it only in an environmental, social and governance (ESG) report. 

We have identified the emerging space for brand purpose in The Purpose Report . Purpose should be leveraged. Consumers care about purpose-driven initiatives and want companies to care too. 4 in 5 people surveyed believe a brand or company should have a purpose beyond making money. Companies that incorporate brand purpose into their corporate governance stand to gain. 

The best purpose statements weave values into the corporate DNA. These purpose statement examples reflect statements found on Fortune 500 company websites, not necessarily reality. Each reader must examine a company’s culture, content and actions to understand whether a company is purposeful.

B2C PR Case Studies

• The Placement With the Helpful Millennial Focus
• Staging a Welcoming Homecoming Journey
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What Is an Example of a Purpose Statement?

A purpose statement can be a corporate branding slogan incorporated into logos or a positioning statement deep within a corporate social responsibility report. Many Fortune 500 purpose statements are featured on the company’s website home page or About section, and here we’ve linked to each of them. These purpose statements show how major companies value their products as a social good in themselves, independent of the values and principles that produced them.

Customers purchase goods and services as a means to an end, and a purpose statement captures that ultimate end goal to improve their lives and the lives of others. They may not be labeled as such, but they reveal the change we want to see in the world.

These 114 Fortune 500 companies find their corporate purpose meaningful enough to share it with the world explicitly.

ABM Industries : To take care of the people, spaces and places that are important to you.

Advance Auto Parts : To execute our mission: Passion for customers … passion for Yes!

Advanced Micro Devices : Technology enabling a better world.

Aecom : Built to deliver a better world.

Allstate : We help customers realize their hopes and dreams by providing the best products and services to protect them from life’s uncertainties and prepare them for the future.

Ally Financial : Our giving back efforts are focused on reducing barriers to economic mobility through financial education, affordable housing, workforce preparedness and digital job training.

American Family Insurance : We’re dedicated to inspiring, protecting and restoring your dream.

AmerisourceBergen : We are united in our responsibility to create healthier futures.

Applied Materials : We are dedicated to conducting our business in an environmentally and socially responsible way, taking action to protect the health and safety of workers, customers and neighboring communities.

Aramark : Our purpose revolves around our mission to enrich and nourish lives: We strive to create a better world by considering the company’s environmental, economic, social and ethical dimensions.

Archer Daniels Midland : We unlock the power of nature to enrich the quality of life.

Assurant : We protect what matters most.

AT&T : Inspire human progress through the power of communication and entertainment. 

Bank of America : To help make financial lives better through the power of every connection.

Bank of New York Mellon : Powering global investments to help our clients succeed.

Becton Dickinson : We will consistently provide superior products and services in pursuit of our purpose of advancing the world of health.

BlackRock : To help more and more people experience financial well-being.

Booz Allen Hamilton Holding : We empower people—our colleagues, our clients, our communities—to change the world. 

BorgWarner : BorgWarner chooses to be a leader — in serving our customers, advancing our technologies and rewarding all who invest in us. 

Diversity PR Case Studies

• Meeting the Moment for a Robust Public Health Regimen
• Educating and Engaging O’Hare Communities
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Campbell Soup : Real food that matters for life’s moments. 

Cardinal Health : To improve people’s lives by merging innovation and technology with healthcare.

CarMax : To drive integrity by being honest & transparent in every interaction.

Casey’s General Stores : To make the lives of our guests and communities better every day.

CDW : To help our customers achieve their goals by providing them with the technology advice and products they need, when they need them.

Centene : Transforming the health of the community, one person at a time.

Charles Schwab : To champion every client’s goals with passion and integrity.

CHS : To create connections that empower agriculture.

Coca-Cola : Refresh the world. Make a difference.

Cognizant Technology Solutions : We innovate to find a better way—for the clients who depend on us, the customers who rely on them and the communities who count on us all.

Commscope Holding : We create lasting connections.

Corteva : To enrich the lives of those who produce and those who consume, ensuring progress for generations to come.

Coty : To celebrate and liberate the diversity of your beauty. 

CSX : To capitalize on the efficiency of rail transportation to serve America.

CVS Health : Helping people on their path to better health.

Danaher : Helping realize life’s potential.

Dick’s Sporting Goods : We create confidence and excitement by personally equipping all athletes to achieve their dreams.

eBay : To empower people and create economic opportunity for all.

Ecolab : To make the world cleaner, safer and healthier – helping businesses succeed while protecting people and vital resources.

Eli Lilly : Lilly unites caring with discovery to create medicines that make life better for people around the world.

Financial PR Case Studies

• A Sustainable Campaign to Reveal and Reward ESG Impact
• Wall Street’s Opening Bell for Investment in Africa
• Bringing Individuals to the Table as Private Equity Investors
• Packaging a Global Food Processor’s Menu for C-Suite

Entergy : To grow by providing customers with low-emission, reliable energy at reasonable cost; superior service; a strict focus on safety; operational excellence and engaged employees.

Equitable Holdings : Helping our clients live their lives with confidence is at the core of who we are as a company and individuals.

Erie Insurance Group : To provide our policyholders with as near perfect protection, as near perfect service as is humanly possible and to do so at the lowest possible cost.   

Expedia Group : To bring the world within reach.

Fiserv : To deliver superior value for our clients through leading technology, targeted innovation and excellence in everything we do.

Fluor : We transform the world by building prosperity and empowering progress.

Foot Locker : To inspire and empower youth culture

Ford Motor Co. : To drive human progress through freedom of movement.

Fortive : Essential technology for the people who accelerate progress.

Fortune Brands Home & Security : To fulfill the dreams of home. 

Arthur J. Gallagher : Tomorrow starts with confidence. What will tomorrow bring? How will you face it? And most importantly, what can you do today to make sure you’re positioned for success? Wherever you grow, we’ll be there.

General Electric : We rise to the challenge of building a world that works.

General Mills : To make food the world loves. 

W.W. Grainger : We keep the world working. 

Graybar Electric : Graybar strives to be a profitable, progressive business that provides employees with long-term career opportunities and the financial means to achieve a high quality of life, both while working and into retirement.

HD Supply Holdings : To improve our associates’ lives and equip them with the tools needed to provide exceptional customer experiences every day.

The Hershey Co. : Giving underserved children the skills and support they need to be successful.

Hess : To be the world’s most trusted energy partner.

Hewlett Packard Enterprise : To advance the way people live and work.

Hormel Foods : Inspired people. Inspired food. 

Huntington Bancshares : To make people’s lives better, help businesses thrive, and strengthen the communities we serve.

Real Estate PR Case Studies

• Laying Groundwork for the Healthy Neighborhood of the Future
• Real Estate Authority Sparks Reaction in Life Sciences
• Earning Prime Contracts in Architecture, Engineering and Construction
• Residential Brokerage Builds Foundation With Developers

Ingredion : We bring the potential of people, nature, and technology together to make life better.

Intel : To create world-changing technology that enriches the lives of every person on earth.  

Interpublic Group : Interpublic is committed to operating sustainably.

IQVIA Holdings : Our solutions enable life sciences companies to innovate with confidence, maximize opportunities and, ultimately, drive human health outcomes forward.

JLL : We shape the future of real estate for a better world.

Kellogg : Nourishing families so they can flourish and thrive.

Kohl’s : To inspire and empower families to lead fulfilled lives.

Kroger : To feed the human spirit.

Kyndryl : We make the complex simple to enable customer innovation.

M&T Bank : To make a difference in people’s lives. 

MASCO : Delivering better living possibilities.

Massachusetts Mutual Life Insurance : To help people secure their future and protect the ones they love.

Mastercard : We work to connect and power an inclusive digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible; Connecting everyone to Priceless possibilities.

MetLife : To help our customers navigate life’s twists and turns.

Molson Coors Beverages : Uniting people to celebrate all life’s moments.

Mondelez International : We empower people to snack right. 

Newell Brands : To make life better every day for hundreds of millions of consumers where they live, learn, work and play. 

Newmont : To create value and improve lives through sustainable and responsible mining.

NRG Energy : We bring the power of energy to people and organizations.

Office Depot : It’s all about doing the right thing – for our shared planet, our valuable communities, and the future of how we service and support our customers.

Oneok : Grow our businesses safely, profitably and in an environmentally sustainable manner while maintaining financial strength.

Owens & Minor : Owens & Minor insists on inclusion, support, and respect. 

Owens Corning : Our people and products make the world a better place.

Parker-Hannifin : Enabling Engineering Breakthroughs that Lead to a Better Tomorrow.

Pfizer : Working together for a healthier world.

Phillip Morris International : To deliver a smoke-free future. 

PPG Industries : Achieve superior shareholder returns.

Principal Financial : To give you the financial tools, resources and information you need to live your best life.

Procter & Gamble : We will provide branded products and services of superior quality and value that improve the lives of the world’s consumers, now and for generations to come.

PVH : We power brands that drive fashion forward – for good.

Technology PR Case Studies

• Aviation Services Branding Takes Flight
• Birthing an International Life Sciences Center
• Establishing a New Retail Technology Leader
• Social Media Framework Sets Stage for Project Management Success

Ralph Lauren : Our purpose at Ralph Lauren is to inspire the dream of a better life through authenticity and timeless style. 

Realogy Holdings : Opening Doors – an all-encompassing description that reflects a larger idealistic motivation for coming to work each day. 

Robert Half International : To help people find meaningful employment and businesses identify the talent they need to grow. 

Rush Enterprises : To provide superior customer service with every interaction and support our customers whenever and wherever they need us. 

S&P Global : We accelerate progress in the world by providing intelligence that is essential for companies, governments and individuals to make decisions with conviction.

Securian Financial Group : Helping our customers build secure tomorrows.

J.M. Smucker : Feeding connections that help us thrive – life tastes better together.

Sonic Automotive : Deliver an experience for our guests and teammates that fulfills dreams, enriches lives and delivers happiness. 

Southwest Airlines : Connect people to what’s important in their lives through friendly, reliable, and low-cost air travel.

Stanley Black & Decker : For those who make the world.

Starbucks : As it has been from the beginning, our purpose goes far beyond profit. We believe in the pursuit of doing good.

State Street Corp. : We help create better outcomes for the world’s investors and the people they serve.

Target : To help all families discover the joy of everyday life. 

TD Ameritrade Holding : We exist to transform lives and investing for the better. 

Tech Data : To continuously satisfy the world’s ever-evolving demand for technology.

Truist Financial : To inspire and build better lives and communities.

Tyson Foods : Raising the world’s expectations for how much good food can do.

Union Pacific : The people of Union Pacific deliver North America’s safest, most reliable and most efficient supply chain solutions.

United Airlines : Connecting people. Uniting the world.

Verizon Communications : Verizon’s core purpose is to give people the ability to do more. 

VF : We power movements of sustainable and active lifestyles for the betterment of people and our planet. 

Walgreens Boots Alliance : We help people across the world lead healthier and happier lives.

Wells Fargo : To help our customers succeed financially.

Fortune 500 Marketing

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• 2023 Sustainability Reports Track Fortune 500 Corporate Climate Action
• 2023 Fortune 500 ESG Reports Build on Solid Marketing Pillars
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How to Develop Your Company’s Purpose Statement

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If you aspire to lead or start a company, you’ll play a crucial role in driving its vision, goals, and plan for success. A purpose statement establishes the foundation you need to do that effectively.

While some degree programs touch on the topic of purpose statements, you might not realize how this concept can apply to your future career . 

Here’s how you can take the skills you’ve learned from your business degree and use them while writing an effective company purpose statement. 

What is a Purpose Statement?

The first step to understanding a purpose statement is to distinguish it from a mission statement because each plays a different role in your business plan .

Mission Statement vs. Purpose Statement

A purpose statement is a single statement that defines the reason your company exists—beyond simply making a profit. It also illustrates how your product or service positively impacts the people you serve. Once your purpose is established, you’ll need a series of goals to drive that purpose. That’s where the mission statement comes in.

First and foremost, a mission statement is actionable. It explains the path you need to take to reach your purpose. So, while a purpose statement is focused on the future, a mission statement is rooted in the present.

Unlike a company mission, your company purpose isn’t something that can be completed or checked off a list. A purpose statement illustrates the ongoing pursuit to push your company forward.

What Does a Purpose Statement Do?

A purpose statement sets expectations, both internally (for leadership and employees) and externally (for customers and investors). It acts as your company’s blueprint for the future and helps guide all the decisions you make—from how you manufacture your products to the words you use in your marketing.

Your purpose also influences your customer. In fact, 63% of global consumers prefer to purchase products and services from companies that stand for a purpose, according to recent research.

The study found that companies that stand for something bigger than what they sell, communicate their purpose, and demonstrate commitment are more likely to attract consumers and influence purchasing decisions.  

Leaders around the world are taking note of the rise of purpose-driven companies , too. Lise Kingo, CEO and executive director of the UN Global Compact, stated, “The idea of business as an agent of change and a purveyor of positive values is gaining traction and legitimacy around the world. With a growing number of companies taking steps to be more responsible in how they treat employees, communities, and the planet, we are seeing business emerge as a real player and solution-provider in the quest to put our world on a better course.”

Beyond attracting customers and increasing your bottom line, clarifying your company purpose is important for these reasons:   

1. Distinguishes Your Business from Competitors

One important role of your purpose statement is to define what makes your company unique. After all, your competitors might be able to replicate your product or service, but they’d be hard pressed to duplicate your unique purpose.

People can be genuinely inspired if your company has a solid purpose. When customers and employees understand what drives your passion and ignites your purpose, they’re more likely to get on board with it.  

2. Helps Meet Goals

A strong purpose statement sets a path for how your company will move forward, which will help you see and set clear goals. These goals should go beyond financial performance; they should also measure how your purpose is progressing toward the social impact you’re trying to make.

3. Informs Company Culture

A recent employee survey by Harvard Business Review found that only 28% of employees felt connected to their company’s purpose, and 34% thought they were contributing to their company’s success. According to the article, a lack of purpose among employees can create a negative company culture where employees feel unmotivated and unaligned.

So how do you avoid this?

Creating a purpose-driven culture starts with clear communication between employees and leadership—as well as listening and being open to feedback. When everyone understands and supports the company's purpose, it creates a united front where everyone from the top down is working toward the same goals.

Furthermore, multiple studies show a purpose-driven culture is a positive one. This is because employees feel more engaged and motivated when they can connect the work they do with how it contributes to the organization’s purpose .

How Do I Write a Purpose Statement?

Creating a company purpose statement is no small task. It requires a deep understanding of why your company exists and where it hopes to go in the future. If you’re still feeling stuck, here are some steps to take as you're developing your company's purpose.

Step #1: Define what you do.

But more specifically, lay out what your company does to solve a particular problem for your customers.

Step #2: Pinpoint your passion.

Think about what inspires the work you do. For example, are you passionate about creating sustainable products? Do you strive to be the most innovative? Are you focused on serving local communities?

Step #3: List your values.

Understanding the things your company is passionate about will help you come up with specific values that align with your purpose. Those values might include things like sustainability, innovation, integrity, quality, etc.

Step #4: Create a draft.

Once you’ve defined what you do and why you do it, take pen to paper and start drafting ideas for your purpose statement.

As you’re writing, make sure your purpose statement is:

• Short (about 1-2 sentences)
• Easy to understand
• Aspirational (but not vague)

Step #5: Get feedback.

Ask others in your organization to review what you’ve written and consider their feedback as you hone your purpose statement.  

Step #6: Leave room for growth.

Keep in mind that a purpose statement is a constant work in progress, and changes will happen as your business evolves.

Examples of Effective Purpose Statements

Use these company purpose statements to draw inspiration from:

• Southwest Airlines lets its personality shine through in its purpose statement: “Connect people to what's important in their lives through friendly, reliable, and low-cost air travel.”
• Kellogg’s and Coke keep it short and sweet: “Nourishing families so they can flourish and thrive.” – Kellogg’s,  “Refresh the world. Make a difference.” – Coke
• If you’re looking for an example of an empowering purpose statement, here’s Dove’s: “Discovering the value of 'real' beauty and improving self-esteem worldwide.”
• Both The Red Cross and Whole Foods have purpose statements that make an emotional connection: “Our deepest purpose as an organization is helping support the health, well-being, and healing of both people—customers, Team Members, and business organizations in general—and the planet.” – Whole Foods, “To protect life and health and to ensure respect for the human being .” – The Red Cross
• Crayola and Lego lean on their ability to inspire: “Encouraging children to be creative, and enabling parents to inspire them.” – Crayola, “To inspire and develop the builders of tomorrow.” - Lego

Now that you know what a company purpose statement is, why it’s important, and how to develop your own, you’ll be ready to put this important business skill into practice in your own organization.

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Crafting an Effective Purpose Statement (w/ Examples) in 2023

Whether you’re a start-up or a seasoned entrepreneur, the purpose statement of your company is a critical landmark on your roadmap to success. An effective purpose statement serves as a compass, pointing the company in the right direction and guiding its growth and development. Stick around to discover the ins and outs of creating a compelling purpose statement that’ll resonate with both your team and your customers.

Understanding a Purpose Statement a Bit Better

A purpose statement defines the fundamental reason your company exists. It’s more than just a sentence about what your company does. it connects your brand to your customers and employees in a way that makes your company unique. Providing quality products and services is a given, but a purpose statement goes beyond making a profit. It’s about how your company strives to make the world a better place. You might be thinking, “Okay, but what does a purpose statement look like?” Let me give you a few purpose statement examples.

Purpose Statement Examples to Spark Your Creativity

You know, one of my favorite pastimes is examining how different companies articulate their purpose. It’s like stepping into a new world each time – and there’s always something fresh to learn. I’ve even got a few purposes statements tucked away in my back pocket, just like collector’s items! So, let’s unwrap some of those powerful purpose statement examples and see what makes them tick.

• Google: Google’s purpose statement is a perfect example of simplicity and clarity. It reads, “To organize the world’s information and make it universally accessible and useful.” In a nutshell, it declares Google’s mission to make information readily available to anyone, at any time.
• Tesla: Tesla turns the idea of a vehicle company on its head with their purpose statement – “To accelerate the advent of sustainable transport.” Tesla isn’t merely about selling cars. They envision a future-free of fossil fuels and strive to make that vision a reality.
• Amazon: Amazon’s purpose drives straight to the heart of the customer. “To be Earth’s most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices.” With this statement, Amazon boldly shares their commitment to enrich the customer experience above all.
• Southwest Airlines: Southwest brings a touch of humanity into their purpose statement with their line – “We exist to connect people to what’s important in their lives through friendly, reliable, and low-cost air travel.” I love this one because it doesn’t just talk about being an airline company. It speaks about enabling connections and improving lives.

You might notice a trend with these purpose statement examples. Each one reveals the company’s core values, it details what they strive to offer their customers, and ultimately, it communicates how they want to make the world a better place.

Now, why don’t you give it a shot? Remember, an effective purpose should connect directly to you, your business, and the customers you aim to serve. Let your company’s unique narrative guide you, and you’ll undoubtedly craft a purpose statement that resonates with your audience.

Why is a Purpose Statement Important?

Imagine being on a road trip without a map or GPS. That’s what running a business without a purpose statement feels like. This statement gives you direction and inspires your team to work toward the company’s goals. A purpose-driven company creates a positive company culture where employees feel motivated and appreciated. A well-crafted purpose statement also makes a strong impression on customers, helping them connect with the brand on a more personal level.

How to Write a Purpose Statement for Your Business

Ah, writing a purpose statement. It may seem like a Herculean task, but trust me, it’s more like baking your favorite cookies – you just need the right ingredients, a solid recipe, and a sprinkle of love (or business passion, in this case). And don’t worry, I’ve got the perfect recipe right here to help you whip up a delectable purpose statement!

Step 1: Define Your Company’s Essence

Firstly, take a minute to think about what makes your business tick. If your company was a person, what would its core values be? Would it lend a hand to those in need, be obsessed with technological innovation, or perhaps, be a friendly neighborhood store pouring love into every product? This introspection is the flour of your cookie, the foundation of your purpose statement.

Step 2: Identify Your Company’s Value

Just like adding sugar sweetens the cookies, identifying what value your company offers to customers adds substance to your purpose statement. Are you making customers’ lives easier, transforming an industry, or filling a gap in the market? Let’s sprinkle this essence into your statement.

Step 3: Visualize Your Impact

Now comes my favorite part, the chocolate chips! These irresistible parts of the cookie correspond to the impact you want your company to have on the world. Do you want to inspire, amaze, comfort, or empower? Your ambitious goal can make your statement truly memorable.

Step 4: Draft, Refine, Repeat

The perfect cookie isn’t likely to come out on the first try. Once you’ve done a fair amount of thinking and dreaming, write your initial draft. Then, let it rest for a while. Come back, and see if it still tastes right or needs a bit more sugar or a couple more chips. This process of refining and amending is key to crafting a purpose statement that’s as lovely as your favorite cookie.

Step 5: Embroider It Into Your Business

Once you finish your final statement, it’s time to put that cookie on display. Share it with your team, emblazon it on your website, and weave it into your marketing strategy – make sure it’s seen, understood, and relished by everyone who interacts with your business. This way, your purpose statement won’t just be a phrase on paper; it’ll be a living, breathing part of your company.

And voila! You now have a delicious purpose statement ready to serve. Remember, this is something uniquely yours, just like your secret family cookie recipe, and it’s going to add that special flavor to your business that everyone can savor. So here’s to baking up a storm (or a successful business)!

Difference Between Mission, Vision, and Purpose Statements

Did you ever mix up the salt and sugar in a recipe, only to end up with a very strange-tasting cake? I’ve been down that road, I must admit, and the result was a memorable (albeit not necessarily pleasant) dessert. In the business world, there’s something similar when it comes to mission, purpose, and vision statements. While they might look somewhat alike at first glance, their flavors are entirely different and every bit as crucial to the perfect business recipe as salt and sugar are to baking.

Purpose Statements: The Very Essence of Your Business

Let’s start with the purpose statement, the rock upon which your entrepreneurial castle is built. Think back to the beginnings of your business, that moment when the proverbial apple fell on your head and the idea for your business was born. Remember the ‘why’ of starting your journey, the change you wanted to make in the world, or the unique offering that you wanted to share with people? That’s your purpose. It’s the gravitational pull that keeps everything in place, the spirit of your enterprise that ignites motivation within your team and fosters a meaningful connection with your customers.

Mission Statements: Your Roadmap to Impact

Next up, let’s talk mission statements. If your purpose statement is the WHY, your mission statement is the WHAT and the HOW. It’s like your business’s recipe to make its unique mark in the world. This includes your committed course of action, who your key audiences are, and what values and principles guide your business activities. When I was a kid, I loved building model airplanes, and I’d always have my manual alongside. That’s your mission statement – a comprehensive guide telling you what pieces you need and how to put those pieces together to create what you envision.

Vision Statements: The Picture of Your Desired Future

Now, last but not least, let’s think about vision statements. This one requires a bit of daydreaming – in a good way. Close your eyes and imagine your business five or ten or maybe twenty years down the line. What do you see? Have you revolutionized technology? Are you making a significant social impact or perhaps leading a global culinary empire? That’s your vision. Your vision statement presents a clear picture of where your entity will be in the future – it’s that framed image of the completed model airplane, that motivates you to stick to your manual.

So, now when one of your friends says, “Isn’t a vision statement like a purpose statement?” You’ll have your reply ready, “Well, remember the mix-up between salt and sugar in that cake recipe? Yeah, something like that.” Food for thought, huh?

The Magic of Mission Statements

While the purpose statement outlines why your company exists, the mission statement defines what your company wants to accomplish and how it plans to do it. A good mission statement clarifies the company’s path and inspires employees to contribute towards achieving the mission.

How a Good Mission Statement Fuels Business Growth

A good mission statement does more than just articulate the company’s purpose; it empowers every person within the company and motivates them to give their best. The mission statement keeps the focus on the organization’s ultimate goals and aligns every effort in the right direction. Therefore, creating a mission statement that embodies your company’s ambition can fuel its growth.

A Closer Look at Vision Statements

While purpose and mission statements discuss the present-state and desired direction respectively, the vision statement focuses on the future. It describes where your company wants to be in the years to come. It paints a visual representation of the company’s aspirations, serving as a powerful tool to inspire people around the globe.

How to Craft an Inspiring Vision Statement

A good vision statement requires you to dream big. You have to visualize where you want your company to be, and how its products or services can transform the world. Whether you want to provide low-cost air travel or improve people’s lives through technology, your vision should communicate that clearly.

The Best Mission Statement Examples to Inspire You

Let’s take the cue from some of the best in the business. Whether it’s Microsoft seeking to “empower every person and every organization on the planet to achieve more,” or Disney aiming to “entertain, inform and inspire people around the globe through the power of unparalleled storytelling,” strong statements resonate with people and remind them of what’s important in their lives.

Conclusion: Key Takeaways to Remember

Creating a compelling purpose, mission, or vision statement is a powerful exercise that can:

• Give your company a clear sense of direction
• Draw in customers who share your values
• Motivate your employees to put their best foot forward.

Remember, your purpose statement is the heartbeat of your company – let it guide every decision you make.

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The Essentials of Writing a Powerful Business Purpose Statement

Businesses today share fundamental corporate and social commitments. They seek to inspire the community, attract talent, and out-originate competition. And more and more of them have a purpose that goes beyond profit.

Crafting your Business Purpose Statement is a pivotal step in the early stages of identifying your enterprise’s core values and objectives. It’s the single line that encapsulates the very reason for your company’s existence, serving as a testament to your branding efforts.

A business’s purpose statement mirrors the connection between your core products and services and the positive impact they have on people’s lives. This statement acts as a compass for your company’s daily decisions, guiding your go-to-market strategies and initiatives.

In this article, we have prepared a few tips to help you write a powerful business purpose statement as well as practical guidelines on how to craft it well.

The Differences between Purpose, Mission, and Vision

Before we walk you through the specifics, we would like to make some important distinctions. Namely the differences between vision, mission, and purpose.

• A vision statement describes what your business is looking forward to and working towards. It’s the what of your organization.
• A mission statement outlines the process of turning your vision into a reality. It’s the how of your company.
• A purpose statement sets your reason for doing what you do. The why of your venture’s existence.

The three types of statements reflect different aspects of your organization’s operations and differ in the questions they answer. However, they are closely related plans of action that can help you deliver what your company is ultimately fighting for.

Without further ado, let’s get into the nitty-gritty of how to make your brand stand out with a strong and well-defined purpose statement.

1. It Should Inspire and Show Personality

Defining your purpose statement is a process. Adding the right words to correctly depict the reason for your company’s existence is a bit harder than you may imagine. The answer to your business’s “why” may seem obvious to you, but the key is to ground it in reality and communicate it to your audience successfully.

Start by reflecting on how your company came to be – the reason for creating it, the challenges you’ve overcome, the lessons you’ve learnt and the values you’ve adopted.

If you are an emerging entrepreneur with a completely new venture you can also apply this approach, but in a more personal context. Look back at the significant turning point that prompted you to become a business owner.

If you’re an established business with a long history of success, you can acknowledge the milestones of your firm’s growth. You can identify and define your business heritage and pin-point the specific characteristics of your brand that made it stand out all these years.

Make sure your purpose statement doesn’t include buzzwords or jargon. Use simple and clear language to directly communicate what your company’s here to accomplish.

2. It Should Play a Role with an Outcome

Since your purpose statement answers your company’s why it should set the outcome of what your business ultimately wishes to achieve and see out there.

Start your research by talking to your leadership. Ask them various questions and summarize the recurring themes.

Here are some examples:

• Why are you in this business?
• What do you like the most about working in the company?
• What image do you think the company conveys to the outside world?
• How do you feel about this image? What do you like and dislike about it?
• What specific challenges does the company solve?
• What do you think the purpose of the company is?
• What makes this business different from competitors’?
• Who are the target customers?
• What do you think they value most about this company?
• How do you think the company’s products and services reach their business goals? Do you think it’s effective? Would you say they reflect the business’s purpose?
• What are five words you would describe the company and its culture with?
• What underlying principles and philosophies shaped your responses to the previous questions?

Make sure you involve every leadership member . Think carefully about what you want to ask them. Form clear questions and take detailed notes.

Word your company’s purpose in a way that inspires room for thoughts while directly underlining your organization’s value proposition.

3. It Should Be Short, Yet Powerful

Your business purpose should be credible and easy to remember, especially by your employees. They are your most important resource and every one of them can influence how your organization is represented outside your office walls.

Your employees provide an essential link between you and your customers. Their energy can be a powerful asset to ensure that the entire organization leads with purpose. If they are happy, motivated and find a sense of fulfilment, they can be strong ambassadors of everything your brand stands for.

To find out how your employees feel about the purpose of your company you can ask them questions like:

• What inspired you to apply to this company?
• What do you like the most about working there? What makes you feel proud about it?
• How do you think the company’s products/services help customers?
• In what ways do you identify yourself with the company?
• What do you think is the company’s purpose? How would you put it in a few words?
• Do you think the purpose is reflected in the company culture?

Being in sync with your employees can help you make your business more agile and more responsive to challenges.

Always remember that your employees bring to light your purpose. The better it sticks in their minds the more natural it will be for them to communicate through their work.

4. It Should Create Space for Innovation and Growth

You’ve reflected back on how your organization has matured. You’ve sought and gained employee and leadership insights. Now, it’s important to identify the events and trends that can affect the social, political, economic and technological contexts that your brand operates in.

Maintaining a clear understanding of the present and the ability to anticipate and study future trends can set you apart. Align your Business Purpose Statement with real-world contexts to give it tangible meaning. This clarity allows you to understand opportunities more deeply, challenge the usual way of doing things, find the best solutions, and build on ideas. Hence, a compelling purpose statement may sometimes be wrestling with conflicting tensions all for the sake of fostering innovation and growth.

Purpose statements that fall into this category include:

With this statement, Workday showcases that there’s a possibility of instilling the human aspect into software and that it’s what they strive for.

With this statement, JetBlue deals with the tension that there are no boundaries to great customer experience.

5. It Should Be Aspirational and Precise

Your purpose statement should give a sort of tingle – a burst of inspiration and excitement. It should make your company want to strive to grow, to innovate, and to set an example. So, adding a pinch of emotion helps everyone involved to embrace it as their own.

The purpose of your business should reflect rational reasons for which it can supercharge your brand, culture, and business strategy as well as your organization’s ethics. Simply stating something, doesn’t make it come to life. Hence, a meaningful purpose statement should be able to influence a good purpose in practice. It should be aspirational and precise, expanding your organization’s opportunities for growth.

A vague example goes like this: “To make the world a better place”. A good example is more like this:

Additionally, your purpose statement can have a general or a social focus. Some companies have a more general statement, which doesn’t necessarily involve a social or environmental aspect.

An example of this is Airbnb’s statement:

It’s precise and showcases the company’s commitment to helping people travel like locals and experience a sense of community they wouldn’t be able to find in a hotel

This doesn’t mean that Airbnb doesn’t care about social or environmental issues. It simply means that it’s not at the very core of their existence.

To show you the difference, a business with a good social purpose is Patagonia:

6. It Should Evolve with Time

Purpose isn’t something that can be achieved once and for all. Companies grow, the business and social contexts change and your purpose statement should stretch along with these. It should always push your team further and it should set the stage for an inexhaustible series of new goals.

Let’s take Tesla as an example. Their original statement was:

But their current statement is:

The change from transportation to energy reflects also the shift in Tesla’s priority from an electric vehicle company to developing technology that makes sustainable energy more accessible.

Benefits of a Powerful Purpose Statement

Your company’s purpose statement establishes your business´s unique and inimitable attributes. It provides your brand with a competitive advantage and it acts as a guide for overcoming unprecedented challenges. It sets the tone that moves your organization forward, but it’s meaningless if not backed by solid and measurable commitments.

We hope our guide can help you create a defined and powerful business purpose statement for your organization. In fact, we would love to see what you’ve crafted, so don’t hesitate to share it with us in the comments below.

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25 Examples of Business Purpose [+How To Write]

Editorial Team

A company’s business purpose is its reason for existing. It’s the difference it intends to make in the world. And it should be much more than just making money. In fact, if making money is your only business purpose, you’re likely not going to be in business for very long. Your company’s mission statement should motivate you to wake up in the morning and keep you up at night.

It should be something that drives every decision you make, big or small. And it should be something that your employees, customers, and partners can all rally behind. If you’re having trouble articulating your business purpose, don’t worry, you’re not alone. 

In fact, based on a study by the Harvard Business Review, only 50% of companies have a clearly articulated purpose. But don’t despair; we’re here to help. To get you started, we’ve compiled 25 examples of business purposes.

What Is A Business Purpose? 

The business purpose of a company describes its goals, objectives, and values. A well-crafted business purpose statement can help keep a business focused on its goals and guide decision-making.

Guides On How To Write A Great Business Purpose

Are you having trouble nailing down your business purpose? You’re not alone. Many entrepreneurs struggle with this. But it’s essential to have a clear purpose for your business. Your purpose is what will drive your business forward and keep you motivated when things get tough. With these lists below, you can get your business an incredibly written purpose that will be unique. 

Make Sure You Research Your Industry

As a first step, it might be beneficial to look at the mission and vision statements of other companies operating in your sector to get an idea of what to include in your own business purpose. Researching your rivals may also assist you in understanding the services offered by different companies. This may present you with a list of activities or goals you hadn’t previously considered.

Think About Your Business’s Origins

In the end, a purpose outlining why you are in business is what is meant by the term “business purpose.” Take some time to think about the motivations behind starting the company in the first place and the factors that will be most critical in achieving the company’s objectives.

Think About How The Business Will Operate

Consider the particular actions you may take to attain the goal of founding the firm in the first place and how those activities can influence the clients you serve.

Keep It Simple

Keeping things straightforward is of paramount importance while creating a business purpose. The most effective strategy for accomplishing this is to be unambiguous.

The goal will be better understood and remembered if it is kept straightforward. Also, it will aid in keeping the company focused on its objectives.

Keep It Focused

This cannot be easy, as a business has many moving parts. However, keeping the purpose focused will make it easier to develop a plan and achieve success. A business purpose should include a few key points.

First, it should be specific. The purpose should identify the business’s goals and what it hopes to achieve. Second, it should be concise. The purpose should be able to be read and understood quickly.  Lastly, it should be realistic. The purpose should be achievable and not overly ambitious.

Keep It Memorable

When it comes to writing a business purpose, it’s important to keep it memorable. This doesn’t mean you should try to be overly clever or use big words that no one will understand. Please focus on being clear and concise instead. 

Focusing on the purpose and work of your company is one method to do this. What are your core values? What are your goals? Why do your customers come to you? Answering these questions can help you distill your purpose down to its essence. 

Another way to keep your purpose memorable is to make it actionable. A good purpose statement should inspire people to take action. It should be something that people can rally behind, which gets them excited.

The Benefits Of Writing A Business Purpose

“Why should I take the time to write a business purpose?” you might be asking yourself. Well, there are quite a few benefits to doing so! For starters, a business purpose can help to keep you focused on what is important. 

Knowing your goals makes it easier to stay on track and not get sidetracked by less important tasks. In addition, a business purpose can also help to inspire and motivate you. 

When you have a clear purpose for your business, staying motivated and inspired to achieve your goals can be easier. Finally, a business purpose can also help to attract and retain customers. When customers know your purpose, they are more likely to return. 

An Overview Of Industries And Their Business Purposes

1. biotechnology: .

Dickens products can be used in medicine, agriculture, industry, and environmental protection. Biotechnology has been used for centuries. For example, people have used fermentation to make beer and wine and to preserve food. In recent times, biotechnology has been used to develop vaccines and produce human insulin and other medications. 

The future of biotechnology is inspiring. Scientists are working on ways to use biotechnology to produce fuels, clean up the environment, and create new materials. 

Business Purpose Example:    The purpose of  Donnelly’s  biotechnology is to use living organisms or their components to make products that improve our quality of life. 

There are many different types of law firms, each with its own unique purpose and focus. However, the overall purpose of the law industry is to provide individuals and businesses with legal assistance and representation. 

Business Purpose Example: The Awardlaw aims to protect the rights of individuals and businesses and promote fairness and order in society. 

3. Software: Technology has become ubiquitous in the modern world. We use it to communicate, work, and play. It seems like there is an app for everything these days. Have you ever wondered how all of this software is made? The software industry is a booming business with a lot of purposes. 

Business Purpose Example:   The purpose  Mega  software industry is to create and sell software that helps people be more productive, efficient, and organized. 

4. Accounting

The primary users of accounting information are managers, investors, and creditors. Managers use accounting information to make production, pricing, and investment decisions. They use accounting data to assess the firm’s financial performance and make decisions about where to allocate resources.

Business Purpose Example:   The business purpose of  Wizaaudit  is to provide financial information that is useful in making business decisions. 

The business purpose of BBartellDesign is to provide solutions to problems through design. This can be in product design, graphic design, web design, or any other type of design.

These services include banking, investments, insurance, and credit. The financial industry is important to the economy because it provides capital for businesses and individuals to invest in new businesses and projects. The industry also provides jobs for millions of people around the world. Business Purpose Example:   The purpose of  Bruen  is to provide financial services to businesses and individuals. 

7. Advertising

Advertising is a multimillion-dollar industry. Many different companies specialize in creating ad campaigns. These companies employ people who are experts in persuasion. They use various techniques to get people to notice their ads and remember them.

Business Purpose Example:   The business purpose of BBartell Ltd is to acquire a competitive edge for the customer by researching the industry that the client desires and providing input on marketing plans and tactics. This will ultimately increase income. They want to reach as many people as possible and persuade them to buy what their clients are selling. 

8. Transport

This sector of the economy is essential because it enables individuals to travel to other regions of the world and helps companies get their products to clients. This can be done by various means, including air, land, and water. 

Business Purpose Example:   The business purpose of Air Ledner  is to move people and goods from one place to another.

9. Manufacturing

The purpose of the  Mraz  is to obtain raw materials and consumer items to deliver them to commercial and consumer enterprises.

10. Technology

EMMY Technology aims to improve the productivity and quality of businesses, enhance customer service, and advance democracy.

11. Agriculture

The agriculture industry is made up of a diverse range of businesses, from large-scale commercial operations to small family farms. Despite the different sizes and types of businesses within the industry, they all share one common goal.

Business Purpose Example:   The business purpose of the Welldone Agriculture industry is to provide food for more than 30 million people and contribute to the GDP of the country.

Retailers are companies that sell goods or services to consumers through physical storefronts, internet stores, or both. The retail industry is vital to the economy because it is one of the largest industries in the world.

Business Purpose Example:   The business purpose of online purchases   is to assess, promote, acquire, and sell goods to the broader public via online stores and real retail locations.

13. Construction

Construction is a huge industry that employs millions of people around the world. It is responsible for building homes, offices, schools, hospitals, roads, bridges, and much more. Construction is a vital part of the economy; without it, many other industries would suffer. 

Business Purpose Example: T he purpose of Nitelis to provide you with the necessary infrastructure and facilities for businesses and households.

14. Investment

Investment companies contribute significantly to the economy by giving companies the money they need to grow and hire new employees. The investment industry is also a key source of capital for new businesses. Startups often have difficulty accessing traditional forms of financing, so they often turn to investors for funding.

Business Purpose Example:   The business purpose of  fun collection  is to provide capital to businesses and individuals to assist them in achieving their goals and helping them grow.

15. Distribution

The distribution industry is vital to the economy, ensuring people can get the products they need. This is done through various channels, including retailers, wholesalers, and online retailers.

Business Purpose Example:   The purpose of IQD is to get your goods from the manufacturers to the consumers.

16. Insurance

The insurance industry is regulated by state and federal laws, and the Insurance Commissioners of each state oversee it.

Business Purpose Example:   The business purpose of  Johnson-Murphy  insurance is to shield policyholders against financial loss in the event of an unforeseen occurrence, such as a vehicle accident or a house fire.

17. Public Relations

The Public Relations industry serves a vital role in businesses and organizations by promoting and protecting their reputations. A positive public image is more crucial than ever for businesses in today’s fast-paced, constantly-evolving world.

Business Purpose Example: Macejkovic Group  helps businesses to attract customers, build relationships, and even increase sales.

18. Telecommunications

This industry is essential for businesses and individuals to stay connected. The telecommunications industry is constantly evolving to meet the ever-changing needs of customers. This industry provides a critical service that is essential for businesses and individuals to stay connected. 

Business Purpose Example: GoyetteCOM  provides the infrastructure and services that enable communication around the USA.

19. Stock Market

This industry also provides a venue for investors to buy and sell shares of these companies. The Securities and Exchange Commission (SEC) regulates the stock market industry.

Business Purpose Example :    Dachmarket offers a platform for companies to obtain funds by offering stock in the firm.

20. Outsourcing

Outsourcing has become a popular business practice for companies of all sizes. In most cases, businesses outsource to an external company or individual because they can do the job better, faster, or cheaper than the business could do itself.

Business Purpose Example: MYWork  aims to help businesses focus on their core competencies while saving money on non-core activities.

Mining is an essential part of the industrial economy, providing raw materials for construction, manufacturing, and other industries.

Business Purpose Example:    The business purpose of  Jerde  mining is to extract mineral resources from the earth for commercial use.

The trade sector makes up a major portion of the economy. It helps to create jobs and stimulate economic growth. The Trade industry is also a major contributor to the gross domestic product (GDP).

Business Purpose Example:    The business purpose of MJ Trade is to create jobs, stimulate economic growth, and contribute to the GDP of the country.

23. Electronics

The electronics industry is a broad category that covers the manufacture of a wide range of products, including computers, mobile phones, televisions, and other consumer electronics. Because of the fierce rivalry in the market, businesses are always seeking for methods to enhance their offerings and beat the competition.

Business Purpose Example:   The business purpose of  Wiegand  is to design, develop, manufacture, and sell electronic products and services.

24. Chemical Industry

The chemical industry is responsible for producing a wide variety of products that are essential to our everyday lives. From the detergents we use to clean our clothes to the medications that keep us healthy, the products of the chemical industry are integral to our daily routines.

Business Purpose Example: Mann Group’s  purpose is to provide essential products and materials for healthcare and agriculture. 

25. Automotive

It covers a wide range of businesses and organizations involved in designing, manufacturing, and selling motor vehicles. It is one of the world’s largest and most important industries, employing millions of people around the globe.

Business Purpose Example:    The Romaguera Group’s business purpose is to have a stock of vehicles and a location where customers can buy car parts and accessories and provide repairs.

How To Use Your Business Purpose To Guide Your Marketing Efforts

As a business owner, it’s essential to understand your business purpose clearly. This will help guide your marketing efforts and ensure they align with your overall goals. Consider your goals or the impact you wish to make in the world as a starting point for your business purpose.

Once you have a clear understanding of this, you can start developing a marketing strategy to help you achieve your goals. You may use various marketing methods to connect with your target market. 

It’s essential to consider which channels will be most effective for promoting your business and attracting customers. It is also crucial that your branding reflects your business purpose. 

Once you have it, use it as a filter for your marketing decisions. For example, let’s say your business’s purpose is to help people live healthier lives. With that in mind, you want to create marketing materials promoting healthy living.

Conclusion 

Defining your business purpose is not about creating something pithy or pretty to put on your website. It’s about getting clear on WHY you’re in business and using that to drive every decision you make. 

Your business purpose should inspire your team and reflect in everything you do. Hopefully, these 25 examples of business purpose have given you some inspiration for crafting your own.

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Purpose of Business Plan Sample: Everything You Need To Know

The purpose of a business plan sample is to give entrepreneurs a model to follow when they create a blueprint for their business. 3 min read updated on February 01, 2023

The purpose of a business plan sample is to give entrepreneurs a model to follow when they create a blueprint for their business. A good business plan will guide you through each step of starting and growing your business, providing a framework for each decision you make as a business owner.

Why Create a Business Plan?

The plan should define both the goals of your company and the steps you'll need to take to realize these goals. It can be used to express these goals to potential partners, vendors, stakeholders, and employees. It also provides guidelines on allocating business resources.

Your leadership team can refer to the plan to monitor success in achieving your business objectives, ensuring that you effectively manage your priorities to meet important benchmarks. Adopting a regular planning cycle with ongoing meetings can help keep the business plan current and relevant.

Before funding your venture, investors will want to review your business plan and ensure you are effectively meeting its targets.

What Does a Business Plan Include?

Your business plan should be as specific as possible with measurable and trackable milestones and expectations. Spell out each person's roles and responsibilities. This will help you identify potential problems and solve them as soon as possible as well as take a view toward your long-term goals when you make everyday business decisions.

The plan should include:

• Goals and a timetable for reaching them
• Information about your target market
• Details about your main business strategies, including targets and dates
• Financial information including the need for capital investment and how these funds will be raised, how loans will be repaid, how profits will be invested, the budget for spending, a sales forecast , and details about cash flow
• Market research about customer need and a plan for meeting those needs
• Plans to address potential obstacles and market changes that impact the business strategy
• Operational information including facilities, equipment, and suppliers
• The timing and circumstances of your eventual departure from managing the business, such as details about family succession

The initial plan can focus on the first one to two years with an eye to the entire lifespan of the business, and you can update as needed as your business grows. All benchmarks should focus on those first 12 to 24 months so you have measurable goals to attain.

How Often Should a Business Plan Be Updated?

Your business plan should be reviewed frequently to make sure it is on track. This helps you meet objectives and identifies pain points to be corrected. Consider a three to six-month review and update cycle for your business plan.

Having a regular review will help inform conversations with potential investors and lenders. It also shows supplies, customers, and employees your commitment to the business.

When you meet with banks and investors, they will want to see a plan that includes at least three years of your business's financial and trading history and details about your executive and management team's skills and qualifications.

What Questions Can Help Me Get Started on My Business Plan?

If you're stuck, brainstorm answers to the following questions:

• What is the level of my commitment to success in this business?
• How many employees will I eventually have?
• What will be my annual revenue next year? In five years?
• How much of the market share can I attain over the next five years?
• Will I appeal to a broad or niche audience?
• What are my plans for geographic expansion?
• How will I delegate tasks to others?
• Am I willing to work with partners and investors?
• Do I plan to remain privately owned or do I want to go public or be acquired by a larger company?

How Will I Finance My Business?

Before you write a business plan , learn more about different types of available financing. You should also think about how involved you would want a potential investor to be.

• Venture capitalists often want to have input and control and may want to sit on the board of directors.
• Some angel investors are very involved in business operations while others are not.
• Banks remain uninvolved in the business as long as you adhere to the terms of your loan.

If you need help with writing a business plan, you can post your legal need on UpCounsel's marketplace. UpCounsel accepts only the top five percent of lawyers to its site. Lawyers on UpCounsel come from law schools such as Harvard Law and Yale Law and average 14 years of legal experience, including work with or on behalf of companies like Google, Menlo Ventures, and Airbnb.

Hire the top business lawyers and save up to 60% on legal fees

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Small Business Trends

30 mission statement examples and how to write one for your business.

In today’s business world, companies face fierce competition in their respective markets. To stand out among competitors, businesses need to have a clear understanding of their goals and objectives. One way to achieve this is through the development of a mission statement. By exploring mission statement examples from some of the leading brands in the world, you will learn what to do and what not to do to create an impactful mission statement for your own business.

Similarly, you will also find out what a mission statement is, why it is essential for businesses, and how to create an effective mission statement. We’ll also define the differences between mission statements and vision statements .

There’s even a template to follow at the end that’ll help you write your company mission statement in no time at all. By crafting a compelling mission statement, you can articulate your business’s purpose, values, and direction, setting the foundation for your company’s success and differentiation in the competitive market.

Table of Contents

30 Amazing Mission Statement Examples

Before you get started writing your company’s mission statement, check out these mission statement examples from some of the world’s most well-known companies.

“To organize the world’s information and make it universally accessible and useful.”

Google’s mission statement is clear and concise, reflecting the company’s focus on organizing and making information accessible. It communicates the company’s purpose and values in a memorable way.

“To accelerate the world’s transition to sustainable energy.”

Tesla’s mission statement reflects the company’s focus on sustainability and its commitment to driving change in the energy sector. It inspires stakeholders to work towards a shared goal of creating a more sustainable future.

“To inspire and nurture the human spirit – one person, one cup, and one neighborhood at a time.”

Starbucks’ mission statement emphasizes its focus on creating a positive impact in the communities it serves. It reflects the company’s commitment to its customers and their well-being.

“Build the best product, cause no unnecessary harm, use business to inspire and implement solutions to the environmental crisis.”

Patagonia’s mission statement reflects the company’s commitment to sustainability and its role as a leader in the outdoor industry. It communicates the company’s values and purpose in a clear and concise way.

“To be Earth’s most customer-centric company, where customers can find and discover anything they might want to buy online.”

Amazon’s mission statement emphasizes its focus on the customer and reflects the company’s commitment to innovation and technology. It communicates the company’s purpose in a memorable way.

“To bring inspiration and innovation to every athlete* in the world.”

Nike’s mission statement is inclusive and reflects the company’s focus on innovation and pushing boundaries. It inspires stakeholders to pursue their goals and aspirations.

The Walt Disney Company

“To entertain, inform and inspire people around the globe through the power of unparalleled storytelling, reflecting the iconic brands, creative minds and innovative technologies that make ours the world’s premier entertainment company.”

The Walt Disney Company’s mission statement reflects its commitment to storytelling and entertainment. It communicates the company’s values and purpose in a memorable way.

“To empower every person and every organization on the planet to achieve more.”

Microsoft’s mission statement emphasizes its focus on innovation and technology, while also reflecting its commitment to helping people and organizations achieve their goals.

“To refresh the world in mind, body and spirit. To inspire moments of optimism and happiness through our brands and actions.”

Coca-Cola’s mission statement emphasizes its focus on refreshing and inspiring people. It reflects the company’s commitment to bringing people together and creating positive experiences.

“To become the world’s leading provider of premium products and premium services for individual mobility.”

BMW’s mission statement emphasizes its focus on innovation and premium products. It communicates the company’s values and purpose in a clear and concise way.

Ben & Jerry’s

“To make, distribute and sell the finest quality all-natural ice cream and euphoric concoctions with a continued commitment to incorporating wholesome, natural ingredients and promoting business practices that respect the Earth and the Environment.”

Ben & Jerry’s mission statement reflects the company’s commitment to sustainability and natural ingredients. It communicates the company’s values and purpose in a memorable way.

“To create a better everyday life for many people.”

IKEA’s mission statement reflects its commitment to improving people’s lives through affordable and innovative home products. It communicates the company’s values and purpose in a clear and memorable way.

“To drive human progress through freedom of movement.”

Ford’s mission statement reflects its commitment to innovation and technology, while also emphasizing its focus on helping people. It communicates the company’s values and purpose in a clear and concise way.

General Electric

“To invent the next industrial era, to build, move, power and cure the world.”

General Electric’s mission statement reflects its commitment to innovation and technology, while also emphasizing its focus on improving people’s lives. It communicates the company’s values and purpose in a memorable and inspiring way.

“To connect the world’s professionals to make them more productive and successful.”

LinkedIn’s mission statement reflects its focus on connecting people and empowering professionals. It communicates the company’s values and purpose in a clear and concise way.

Procter & Gamble

“To be the best in the world at what we do.”

Procter & Gamble’s mission statement reflects its commitment to excellence and innovation in the consumer goods industry. It communicates the company’s values and purpose in a memorable way.

“To build the Web’s most convenient, secure, cost-effective payment solution.”

PayPal’s mission statement reflects its focus on innovation and technology, while also emphasizing its commitment to security and convenience. It communicates the company’s values and purpose in a clear and concise way.

Southwest Airlines

“To connect People to what’s important in their lives through friendly, reliable, and low-cost air travel.”

Southwest Airlines’ mission statement reflects its commitment to providing affordable and friendly air travel. It communicates the company’s values and purpose in a memorable and inspiring way.

“To ignite opportunity by setting the world in motion.”

Uber’s mission statement reflects its focus on innovation and technology, while also emphasizing its commitment to providing opportunities for people. It communicates the company’s values and purpose in a clear and concise way.

“To be a company that inspires and fulfills your curiosity.” Sony’s mission statement reflects its commitment to innovation and creativity. It communicates the company’s values and purpose in a memorable and inspiring way.

“To bring beauty to all people of the world.” L’Oréal’s mission statement reflects its commitment to providing beauty products that are inclusive and accessible to all. It communicates the company’s values and purpose in a clear and concise way.

“To connect the world through the most innovative, reliable, and secure payment network – enabling individuals, businesses, and economies to thrive.”

Visa’s mission statement reflects its focus on innovation and technology, while also emphasizing its commitment to security and reliability. It communicates the company’s values and purpose in a memorable and inspiring way.

“To operate outstanding express transportation and information services through a global network that delivers reliable, value-added solutions for our customers, while providing challenging and rewarding careers for our people.”

FedEx’s mission statement reflects its commitment to providing reliable and valuable transportation and information services. It communicates the company’s values and purpose in a clear and concise way.

“To create innovative products and services that enrich people’s lives.”

Apple’s mission statement reflects its focus on innovation and technology, while also emphasizing its commitment to improving people’s lives. It communicates the company’s values and purpose in a memorable and inspiring way.

American Express

“We work hard every day to make American Express the world’s most respected service brand.”

American Express’s mission statement reflects its commitment to excellence in service and brand reputation. It communicates the company’s values and purpose in a clear and concise way.

“To improve every life through innovative solutions.” 3M’s mission statement reflects its focus on innovation and technology, while also emphasizing its commitment to improving people’s lives. It communicates the company’s values and purpose in a memorable and inspiring way.

Universal Health Services, Inc.

“To provide superior quality healthcare services that: PATIENTS recommend to family and friends, PHYSICIANS prefer for their patients, PURCHASERS select for their clients, EMPLOYEES are proud of, and INVESTORS seek for long-term returns.”

Universal Health Services, Inc.’s mission statement reflects its commitment to providing quality healthcare services that meet the needs of patients, physicians, purchasers, employees, and investors. It communicates the company’s values and purpose in

While the mission statement examples in the list can be inspiring, you need to look at your small business and what it is looking to achieve and deliver. These are huge companies so take that into consideration as you craft your mission and vision statements.

What is a Mission Statement?

A mission statement defines the purpose, values, and objectives of a company with a concise and clear statement. It communicates the company’s core identity and serves as a guide for decision-making and goal-setting.

A mission statement that is well-crafted should reflect the company’s vision, goals, and values, and inspire employees, customers, and stakeholders to align with the company’s purpose. A mission statement can also help establish its brand identity by differentiating the company from its competitors.

Why Your Company’s Mission Statement is So Important

A mission statement is essential for businesses for several reasons:

• Sets Direction: A clear mission statement sets the direction for your company by outlining its goals, values, and purpose. It helps employees understand what the company stands for and where it is heading, providing a roadmap for decision-making.
• Guides Decision-Making: A well-crafted mission statement guides decision-making by providing a framework for evaluating potential actions and initiatives. It helps ensure that all decisions are aligned with the company’s goals and values, promoting consistency and clarity across the organization.
• Communicates Purpose: A mission statement communicates the purpose and identity of your company to stakeholders, including employees, customers, and investors. It helps create a shared sense of purpose and fosters a sense of belonging, encouraging stakeholders to engage with the company’s vision and goals.
• Differentiates From Competitors: A unique and compelling mission statement can differentiate your company from competitors by highlighting its distinctive values, vision, and purpose. It can help attract customers who share your values and create a sense of loyalty among employees who are committed to the company’s mission.

Just like a mission statement, a business needs to establish a process for putting down plans on paper to make sure they are carried out. Creating a one-page marketing plan and even conducting a SWOT analysis are all part of this process. If you establish these disciplines early, you will continue to improve your business and better chance of ensuring the success of your business.

After reading, be sure to check out OnStrategy | Virtual Strategist’s whiteboard session on how to create a mission statement. It will give you another fresh take on the topic, along with some tricks and tips:

How to Write a Good Mission Statement

Creating a mission statement requires careful consideration and thought. Here are some steps to help you create an effective mission statement:

Determine Your Company’s Purpose

The first step in crafting a great mission statement is to determine your company’s purpose. This purpose describes what your company does, why it exists, and the impact it seeks to have on the world. The mission statement should be aligned with your company’s vision statement and guide your overall strategy.

Identify Your Target Audience

A company mission statement should be crafted with your target audience in mind. Consider who your company serves and what problem you’re solving for them. Your mission statement should be clear and concise, using language that resonates with your target audience.

Define Your Company’s Core Values

Core values are the principles that guide your company’s behavior and decision-making. A great mission statement reflects your company’s core values, articulating the beliefs that drive your company’s culture and identity.

 Summarize Your Mission Statement

A good mission statement should be concise and memorable. It should summarize your company’s purpose, target audience, and core values in a clear and compelling way. A great mission statement inspires and motivates stakeholders to align with your company’s purpose and goals.

Common Mistakes to Avoid Writing Your Company’s Mission Statement

When creating your company’s mission statement, it’s important to avoid common mistakes that can undermine its effectiveness. Here are some common mistakes to avoid:

Being too Broad or Generic

One common mistake when writing a company’s mission statement is being too broad or generic. A mission statement that is too general or lacks specificity may fail to communicate the unique value proposition of the company, and may not inspire or motivate stakeholders.

Focusing too Much on Profits

Another mistake is focusing too much on profits. While profits are important, a mission statement that emphasizes them too much may come across as self-serving and fail to inspire a sense of purpose or shared values among stakeholders.

Being too Long or Complex

A mission statement that is too long or complex is also a common mistake to avoid. A mission statement that is difficult to understand or remember may fail to resonate with stakeholders and may not effectively guide decision-making or inspire action. A concise and memorable mission statement is key.

Benefits of Having a Mission Statement

Having a mission statement could make it easier to improve your business . A good mission statement can inspire you and your employees and get everyone working toward a similar goal.

Check out the reasons why mission statements are an essential exercise for developing a great business idea.

• Inspiring and motivating employees: A clear mission statement inspires and motivates employees by giving them a sense of purpose and direction. It helps them understand how their work contributes to the company’s goals and values, creating a shared sense of mission and fostering a sense of belonging and engagement.
• Building brand identity: A well-crafted mission statement is an essential part of building a strong brand identity. It communicates the company’s purpose, values, and goals to stakeholders, differentiating it from competitors and creating a distinctive brand image.
• Guiding decision-making: A mission statement guides decision-making by providing a framework for evaluating potential actions and initiatives. It helps ensure that all decisions are aligned with the company’s goals and values, promoting consistency and clarity across the organization.
• Attracting customers: A compelling mission statement can attract customers who share the company’s values and beliefs. It helps establish an emotional connection with customers and creates a sense of loyalty and trust, leading to increased customer engagement and loyalty.

Challenges of Developing a Mission Statement

Developing a mission statement can be challenging, particularly for small businesses or startups. Here are some challenges to consider:

• Defining your company’s purpose: It can be difficult to clearly articulate your company’s reason for existing and the impact it seeks to have on the world.
• Identifying your target audience: Crafting a mission statement that resonates with your intended audience requires a deep understanding of their needs and motivations.
• Articulating your company’s values: Defining the core values that guide your company’s behavior and decision-making can be a complex process that requires careful consideration.
• Balancing specificity and flexibility: A mission statement that is too narrow can limit your company’s potential, while one that is too broad can lack focus and direction. Finding the right balance is key.

Mission Statements vs. Vision Statements

Mission and vision statements are essential components of any company’s identity and strategic direction. While both are designed to guide decision-making and communicate the company’s values and goals, there are distinct differences between the two. Here are some key differences between mission statements and vision statements:

• Purpose: A mission statement describes the purpose and reason for the company’s existence. It defines what the company does, who it serves, and how it serves them. A vision statement describes the future state of the company, defining where it wants to go and what it hopes to achieve.
• Focus: A mission statement is focused on the present, outlining the company’s current activities and goals. It provides a framework for decision-making and day-to-day operations. A vision statement is focused on the future, providing a long-term direction and inspiring stakeholders to work towards a shared goal.
• Audience: A mission statement is primarily focused on the company’s internal audience, including employees, management, and stakeholders. It communicates the company’s values, purpose, and goals to these stakeholders. A vision statement is focused on the external audience, including customers, investors, and the wider community. It communicates the company’s aspirations and goals to these stakeholders.
• Specificity: A mission statement is usually more specific and detailed than a vision statement. It outlines the company’s purpose, values, and goals in a clear and concise way, providing a roadmap for decision-making. A vision statement is usually more broad and open-ended, providing a general direction for the company to work towards.
• Timeframe: A mission statement is usually focused on the short to medium term, defining the company’s purpose and goals for the next few years. A vision statement is focused on the long term, defining the company’s aspirations and goals for the next 5-10 years or more.
• Flexibility: A mission statement is usually less flexible than a vision statement. It provides a clear framework for decision-making and day-to-day operations, and changes to it are usually made only after careful consideration. A vision statement is usually more flexible, allowing the company to adapt to changes in the market, technology, or other external factors.

While vision and mission statements are both important tools for defining a company’s identity and strategic direction, they serve different purposes and are focused on different audiences.

Mission statements define the company’s purpose and values in the short to medium term, while a vision statement defines its aspirations and goals in the long term. Understanding the differences between the two is essential for creating effective vision and mission statements that inspire and motivate stakeholders to work towards a shared goal.

Use this Mission Statement Template to Create Your Own

Creating a mission statement can be a challenging task for small business owners. To help simplify the process, here’s a template that you can follow:

Define Your Company’s Purpose

The first step in creating a mission statement is to define your company’s purpose. This includes what your company does, why it exists, and the impact it seeks to have on the world. A clear understanding of your purpose is essential for crafting an effective mission statement.

A mission statement should be crafted with your target audience in mind. Consider who your company serves and what problem you’re solving for them. Your mission statement should be clear and concise, using language that resonates with your target audience.

Consider Your Values

Core values are the principles that guide your company’s behavior and decision-making. Consider your company’s values when crafting your mission statement. What beliefs drive your company’s culture and identity? A great mission statement reflects your company’s core values.

Draft a Statement

Using the information gathered in the previous steps, draft a mission statement. It should be clear, concise, and memorable. It should summarize your company’s purpose, target audience, and core values in a way that inspires and motivates stakeholders to align with your company’s purpose and goals.

Revise and Refine

After drafting your mission statement, review it carefully and seek feedback from stakeholders. Revise and refine as necessary, ensuring that it accurately reflects your company’s purpose, target audience, and values. A well-crafted mission statement is an essential tool for communicating your company’s identity and inspiring stakeholders to work towards a shared goal.

Here’s an example of a mission statement template in action:

Purpose: [The purpose of your organization/business/brand, what you aim to achieve]

Target Audience: [The audience that your organization/business/brand serves or caters to]

Values: [The core values and principles that guide your organization/business/brand]

Statement: [A concise, memorable statement that captures the essence of your organization/business/brand’s mission and purpose]

Below is a comparison table outlining the essential steps to create a mission statement for your business.

The Template in Action

Our company provides high-quality, affordable web design services to small businesses.

Target audience

Our target customers are small business owners who need an effective online presence to compete in today’s digital marketplace.

We value creativity, professionalism, and exceptional customer service.

Our mission is to help small businesses succeed by providing them with the web design services they need to effectively market themselves online. We are committed to delivering high-quality work, exceptional customer service, and affordable pricing.

The final version of a mission statement

Our mission is to empower small businesses to succeed in the digital age by providing them with high-quality, affordable web design services. We believe that every small business deserves an effective online presence and we are committed to delivering exceptional work, outstanding customer service, and unbeatable value.

Integrating Your Mission Statement into Business Operations

For a mission statement to be truly effective, it needs to transcend being just a set of words on paper and become a guiding force in the day-to-day operations of your business. Here’s how you can embed your mission statement into your business’s operational fabric:

• Align Business Goals with the Mission : Ensure that your short-term and long-term business goals are in sync with the mission statement. This alignment helps in making strategic decisions that reflect the company’s core values and purpose.
• Employee Onboarding and Training : Incorporate the mission statement into your employee onboarding and training programs. Employees who understand and connect with the mission are more likely to embody it in their work and interactions with customers.
• Decision-Making Framework : Use the mission statement as a benchmark for decision-making. Whether it’s choosing a new supplier, developing a product, or planning a marketing campaign, ask how each decision aligns with the mission.
• Performance Metrics and Incentives : Develop performance metrics and incentive programs that reward behaviors and outcomes that reinforce the mission. This encourages employees to act in ways that are consistent with the company’s core values.
• Internal Communication : Regularly communicate the mission statement within the organization. Use it in internal meetings, newsletters, and corporate events to keep it at the forefront of everyone’s mind.
• Customer Engagement : Make your mission statement visible to your customers. Share it on your website, in marketing materials, and in your physical spaces. Let your customers know what you stand for and how it influences the way you do business.
• Review and Feedback : Continuously review how well your business practices are aligned with your mission statement. Encourage feedback from employees and customers to understand where improvements can be made.

Start Writing Your Mission Statement Today!

A compelling mission statement is a defining piece of a business plan, articulating the company’s purpose, values, and goals. It sets the direction for the organization, guides decision-making processes, and communicates its purpose to stakeholders.

Creating an effective mission statement requires careful consideration and thought, but the benefits of having a mission statement are significant. In a nutshell, it is a vital step toward defining its identity, purpose, and long-term vision.

Additionally, a well-crafted mission statement not only guides decision-making and sets the course for your company’s growth but also communicates your values to stakeholders and differentiates your brand in a competitive market.

By investing time and thought into creating a mission statement that resonates with your team and customers alike, you lay a strong foundation for success and create a roadmap to achieve your business goals.

Remember that a mission statement is a dynamic expression of your company’s ethos, and revisiting and refining it over time can ensure its continued relevance and effectiveness in guiding your business toward a bright and prosperous future.

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Mission Statement for Business Plan

Welcome to our comprehensive guide on Mission Statement for Business Plan. Here, we delve into the importance of a compelling mission statement in your business plan, explore exemplary real-world examples, provide a step-by-step process for crafting your own, and share essential tips to avoid common mistakes. Let’s embark on this journey to articulate your business’s core purpose and guide its strategic planning.

What is an Example of Mission Statement for Business Plan?

A mission statement for a business plan articulates the company’s core purpose and direction. Here’s an example:

“ABC Tech strives to make innovative technology accessible for businesses of all sizes, empowering them to optimize operations, enhance productivity, and drive growth. Our mission is to provide high-quality, user-friendly solutions that address our clients’ unique needs and help them navigate the digital landscape with confidence and ease.”

This mission statement clearly outlines the company’s purpose (making innovative technology accessible), their target audience (businesses of all sizes), their value proposition (high-quality, user-friendly solutions), and their desired impact (empowering clients to optimize operations and drive growth).

Mission Statement Examples for Generic Business Plan

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Crafting solutions for diverse needs, creating positive impact and driving business growth through innovation and integrity.

• Our mission is to empower businesses with tailor-made solutions, driving growth and sustainability in a dynamic market.
• Committed to fostering a culture of excellence, our aim is to deliver unmatched value to our clients and stakeholders.
• Aiming to create innovative products and services that leave a lasting positive impact on society and the environment.
• Our mission is to be a catalyst for positive change, revolutionizing industries through creativity and cutting-edge technology.
• Striving to be the trusted partner that sets new standards in reliability, efficiency, and customer satisfaction.
• Passionate about creating a company culture that promotes diversity, collaboration, and a passion for excellence.
• Dedicated to empowering businesses with strategic insights, innovative approaches, and customer-centric solutions.
• Our mission is to be the driving force behind our clients’ success, anticipating market trends and exceeding expectations.
• Aiming to foster a culture of continuous improvement, innovation, and ethical business practices.
• Committed to making a meaningful difference through our commitment to corporate social responsibility.

Mission Statement Examples for Food Business Plan

Serving culinary delights that ignite taste buds and create lasting memories, celebrating the power of food to unite people and cultures.

• Our mission is to delight customers with diverse culinary experiences that tantalize taste buds and create lasting memories.
• Aiming to celebrate food’s power to bring people together and promote cultural appreciation through our flavorful offerings.
• Striving to be a culinary destination known for our dedication to quality, sustainability, and customer satisfaction.
• Committed to using locally sourced ingredients, supporting communities, and promoting environmentally responsible practices.
• Our mission is to be the go-to choice for food enthusiasts seeking authentic flavors and extraordinary dining experiences.
• Passionate about crafting dishes that not only taste delicious but also promote health and well-being.
• Dedicated to promoting food education, fostering a love for culinary arts, and inspiring the next generation of chefs.
• Our mission is to make every meal a moment of joy, enriching lives through our delectable culinary creations.
• Aiming to be the culinary innovator, constantly exploring new tastes, techniques, and culinary traditions.
• Committed to catering to diverse dietary preferences, ensuring everyone can enjoy our delicious offerings.

Mission Statement Examples for Bakery Business Plan

Creating confections that evoke cherished memories, being the neighborhood bakery that feels like home, crafting treats with love and passion.

• Our mission is to create delightful confections that evoke cherished memories and spread happiness one treat at a time.
• Aiming to be the heart of our community, where locals find comfort, joy, and a sense of belonging.
• Striving to use high-quality ingredients, crafting baked goods that taste as good as they look.
• Committed to delivering confections made with love and attention to detail, leaving customers craving more.
• Our mission is to be the bakery known for combining tradition and innovation, celebrating the art of baking.

Mission Statement Examples for Corporate Business Plan

Driving corporate excellence with ethics, customer-centricity, and environmental responsibility, fostering a culture of inclusivity and employee growth.

• Driving corporate excellence through a commitment to ethical practices, employee development, and customer-centricity.
• Our mission is to be the preferred partner, providing innovative solutions that shape our clients’ success.
• Aiming to lead by example, demonstrating that corporate success can coexist with social and environmental responsibility.
• Committed to transparency, integrity, and accountability, earning the trust and loyalty of all stakeholders.
• Our mission is to be a corporate leader that sets new benchmarks for industry best practices and innovation.
• Striving to foster an inclusive and collaborative corporate culture that values diversity and encourages creativity.
• Passionate about making a positive impact in the communities where we operate, giving back and uplifting lives.
• Dedicated to empowering employees, nurturing their growth, and providing a fulfilling and rewarding work environment.
• Our mission is to be a force for positive change, actively contributing to a more sustainable and equitable world.
• Aiming to be the corporate brand synonymous with excellence, integrity, and positive social impact.

Mission Statement Examples for Laundry Business Plan

Making laundry effortless and eco-friendly, providing quality services that surpass customer expectations, striving to be the trusted choice for laundry solutions.

• Our mission is to simplify and streamline laundry services, making life easier and freeing up valuable time for our customers.
• Aiming to provide top-quality laundry services that cater to busy lifestyles, offering convenience without compromising quality.
• Striving to be the laundry service that goes above and beyond, ensuring customer satisfaction with every load.
• Committed to eco-friendly laundry practices, reducing our carbon footprint while providing exceptional services.
• Our mission is to be the trusted laundry partner, providing efficient and reliable solutions for all laundry needs.
• Passionate about delivering laundry services that stand out for their attention to detail and commitment to excellence.
• Dedicated to creating a seamless and enjoyable laundry experience, with easy-to-use platforms and friendly customer support.
• Our mission is to give back time to our customers, letting them focus on what truly matters while we take care of laundry.
• Aiming to be the laundry service that customers can depend on, always delivering quality results and timely service.
• Committed to continuous improvement, exploring innovative technologies and practices to enhance our laundry services.

Personal Mission Statement Examples for Business Plan

Empowering individuals and enhancing lives, leading with integrity, empathy, and a commitment to positive change, building a legacy that inspires others. See more Personal mission statement examples .

• My mission is to create a business that empowers others to pursue their dreams and achieve their full potential.
• Aiming to lead with integrity, authenticity, and compassion, making a positive impact in the lives of my customers and employees.
• Striving to build a business that aligns with my values and brings out the best in everyone it touches.
• Committed to being a force for good, using my skills and resources to make a meaningful difference in the world.
• My mission is to inspire others to discover their passion, take risks, and embrace the journey of entrepreneurship.
• Aiming to create a business that values work-life balance, nurturing a supportive and collaborative work environment.
• Striving to be a role model for innovation and creativity, setting an example of fearlessness and perseverance.
• Committed to building a legacy that leaves a positive and lasting impact on future generations.
• My mission is to build a business that promotes inclusivity, diversity, and equal opportunities for all.
• Aiming to be a leader who leads with empathy, compassion, and a dedication to continuous learning and growth.

Mission Statement Examples for Financial Business Plan

Empowering clients to secure their financial future with personalized strategies, delivering financial expertise that transforms lives and drives prosperity.

• Our mission is to be the financial partner that helps clients achieve their dreams and secure their financial future.
• Aiming to be a trusted source of financial expertise, guiding clients through life’s financial milestones with confidence.
• Striving to be a reliable and transparent financial advisor, prioritizing the best interests of our clients.
• Committed to delivering tailored financial solutions that address individual needs and aspirations.
• Our mission is to empower clients with financial knowledge and resources, paving the way for financial independence.

Mission Statement Examples for Investment Business Plan

Maximizing wealth and minimizing risks through strategic investment solutions, navigating the investment landscape with foresight and expertise.

• Maximizing wealth and minimizing risks for our clients through strategic investment solutions and expert guidance.
• Aiming to be the investment partner that leads clients towards a secure and prosperous financial future.
• Striving to set new benchmarks in investment performance, focusing on long-term value and sustainable growth.
• Committed to navigating the investment landscape with foresight and market expertise.
• Our mission is to be a catalyst for financial success, guiding clients towards their investment goals.

Mission Statement Examples for Product Business Plan

Innovating products that enrich lives, address needs, and inspire creativity, setting new standards with user-centric product offerings.

• Our mission is to be the driving force behind products that enhance lives, address needs, and spark creativity.
• Aiming to create a diverse range of products that cater to a wide range of customer preferences.
• Striving to set new standards in product innovation, design, and functionality.
• Committed to delivering products that exceed customer expectations and inspire loyalty.
• Our mission is to make a positive impact in every product we offer, fostering a loyal customer base.

Mission Statement Examples for Restaurant Business Plan

Creating culinary experiences that delight the senses and create lasting memories, being a destination for food enthusiasts seeking unique dining experiences. See Restaurant mission statement examples

• Creating culinary experiences that delight the senses and create lasting memories for our valued customers.
• Aiming to be the restaurant of choice for food enthusiasts seeking exceptional flavors and unique dining experiences.
• Striving to elevate the dining experience through culinary innovation and personalized service.
• Committed to serving exceptional food with genuine warmth and hospitality.
• Our mission is to be the culinary destination that celebrates diverse flavors and cultures.

Mission Statement Examples for Hotel Business Plan

Providing exceptional hospitality, comfort, and unparalleled experiences, creating a sanctuary of relaxation, style, and top-tier amenities.

• Providing exceptional hospitality, comfort, and memorable experiences for our valued guests.
• Aiming to be the preferred choice for travelers seeking luxurious accommodations and top-tier amenities.
• Striving to create a sanctuary of relaxation and style, making every stay extraordinary.
• Committed to delivering unparalleled service and personalized experiences for each guest.
• Our mission is to be the hotel that guests return to for exceptional hospitality and memorable experiences.

Mission Statement Examples for Construction Business Plan

Building a better world through innovative solutions and sustainable practices, delivering structures that stand as testaments to quality and craftsmanship.

• Building a better world through innovative construction solutions, sustainable practices, and top-notch craftsmanship.
• Aiming to be the construction partner that brings clients’ visions to life, ensuring quality and excellence in every project.
• Striving to set new standards in construction safety, efficiency, and project management.
• Committed to delivering structures that stand as testaments to quality, durability, and aesthetic appeal.
• Our mission is to be a force for positive change in the construction industry, promoting sustainability and innovation.

Mission Statement Examples for Retail Business Plan

Empowering customers through top-quality products and unmatched service, setting new retail trends while preserving personalized care.

• Empowering customers through top-quality products, exceptional service, and an unforgettable shopping experience.
• Aiming to be the go-to destination for unique and diverse products that cater to various tastes and preferences.
• Striving to set new retail trends, combining traditional values with modern innovations.
• Committed to fostering customer loyalty and building lasting relationships through outstanding service.
• Our mission is to be the retail brand that customers trust and turn to for their shopping needs.

Mission Statement Examples for Online eCommerce Business Plan

Making online shopping a pleasure with diverse products and efficient delivery, redefining the eCommerce experience with a user-friendly platform.

• Making online shopping a pleasure by offering a diverse range of products, seamless user experience, and efficient delivery.
• Aiming to redefine the eCommerce experience through a user-friendly platform and exceptional customer service.
• Striving to be the eCommerce leader, offering convenience, value, and a wide selection of products.
• Committed to exceeding customer expectations with prompt delivery and unparalleled customer support.
• Our mission is to be the ultimate online marketplace that caters to every need and desire.

Mission Statement Examples for Startup Business Plan

Revolutionizing industries with innovative solutions and agile practices, nurturing innovation and creativity in a culture of entrepreneurship.

• Revolutionizing industries with innovative solutions, fostering a culture of creativity, resilience, and entrepreneurship.
• Aiming to be the catalyst for groundbreaking ideas, transforming them into successful and impactful ventures.
• Striving to set new standards in business agility, adaptability, and forward-thinking.
• Committed to nurturing innovation and creating a supportive ecosystem for startups to thrive.
• Our mission is to be the go-to incubator for entrepreneurial visionaries, empowering them to shape the future.

Simple Mission Statement Examples for Business Plan

Making life better through products and services, delivering excellence, innovation, and customer satisfaction, creating value through ethical practices.

• Making life better through products and services that deliver excellence, innovation, and customer satisfaction.
• Aiming to create value for all stakeholders through ethical practices and sustainable business approaches.
• Striving to be the trusted brand that people turn to first for their needs and aspirations.
• Committed to making a positive impact in every aspect of our business, from product design to customer support.
• Our mission is to embody simplicity in our operations, products, and interactions with customers.

Mission Statement Examples for Marketing Business Plan

Empowering businesses to thrive with strategic marketing solutions and brand building, setting new standards in creativity, ROI, and customer engagement.

• Empowering businesses to thrive through strategic marketing solutions, brand building, and customer engagement.
• Aiming to be the marketing partner that elevates brands and drives growth through creative and data-driven campaigns.
• Striving to set new standards in marketing effectiveness, ROI, and customer-centric strategies.
• Committed to cultivating long-term relationships with clients, understanding their unique needs and goals.
• Our mission is to be the catalyst for brand success, building lasting connections between brands and their audience.

Mission Statement Examples for Coffee Shop Business Plan

Crafting coffee experiences that awaken the senses and foster community, serving exceptional coffee with warmth and enthusiasm.

• Crafting coffee experiences that awaken the senses and foster a sense of community among coffee enthusiasts.
• Aiming to serve exceptional coffee with genuine warmth, creating a welcoming space for coffee lovers.
• Striving to be the go-to destination for quality coffee and moments of relaxation.
• Committed to promoting sustainability by sourcing ethical and locally roasted coffee beans.
• Our mission is to be the coffee shop that enriches lives, one cup of coffee at a time.

Mission Statement Examples for Salon Business Plan

Enhancing beauty and well-being with top-notch services and personalized care, striving to be the go-to destination for beauty needs.

• Enhancing beauty and well-being with top-notch services and personalized care for every customer.
• Aiming to be the go-to salon for exceptional hair and beauty services, nurturing self-confidence and inner beauty.
• Striving to create a welcoming and relaxing environment, making every salon visit a rejuvenating experience.
• Committed to continuous learning and staying updated with the latest beauty trends and techniques.
• Our mission is to be the salon that empowers customers to look and feel their best, inside and out.

Importance of a Mission Statement in a Business Plan

A well-crafted mission statement plays a crucial role in a business plan, providing direction and purpose for the entire organization. It serves as a guiding light, aligning the company’s actions with its core values and goals. Here’s why a mission statement is vital for a successful business plan:

1. Defines Purpose and Identity: A mission statement succinctly outlines the company’s purpose, values, and long-term vision, giving it a unique identity. 2. Guides Decision-Making: It acts as a compass, helping leaders make strategic decisions that align with the company’s mission. 3. Sets Direction: The mission statement establishes clear goals and objectives, guiding the company towards growth and success. 4. Inspires Stakeholders: A well-crafted mission statement inspires employees, investors, and customers, fostering loyalty and trust. 5. Enhances Brand Perception: A strong mission statement enhances the company’s reputation and brand perception in the market. 6. Attracts Top Talent: It serves as a powerful tool to attract and retain top talent who align with the company’s mission and values. 7. Facilitates Resource Allocation: The mission statement aids in allocating resources effectively, maximizing efficiency and productivity. 8. Measures Success: It provides a benchmark to measure the company’s progress and success over time.

9+an Effective Mission Statement for Business Plan

Crafting an effective mission statement requires thoughtful consideration and strategic planning. A compelling mission statement should be concise, inspiring, and reflective of the company’s core values and purpose. Here are the steps to write an impactful mission statement:

1. Understand Your Purpose:

Define the company’s purpose, values, and long-term vision, and identify its unique selling proposition.

2. Keep It Concise:

Aim for simplicity and brevity, ensuring the mission statement is easy to remember and understand.

3. Reflect Company Values:

Align the mission statement with the company’s core values and culture.

4. Consider Stakeholders:

Take into account the interests of customers, employees, investors, and the community.

5. Avoid Jargon:

Use clear and straightforward language to make the mission statement accessible to all.

6. Be Inspirational:

Infuse the mission statement with a sense of purpose and inspiration to motivate stakeholders.

7. Test and Refine:

Gather feedback from key stakeholders and refine the statement to ensure its effectiveness.

8. Stay True to the Brand:

Ensure the mission statement reflects the brand’s identity and communicates its unique value.

Fitting the Mission Statement Seamlessly into Your Business Plan

Integrating the mission statement seamlessly into the business plan is essential to ensure a cohesive and purpose-driven strategy. Here are the key steps to fitting the mission statement into your business plan:

• Introduction: Start the business plan with a brief introduction, highlighting the company’s mission and its importance.
• Mission Statement Placement: Place the mission statement prominently in the executive summary or introduction section.
• Alignment with Goals: Ensure that all business goals and objectives align with the mission statement.
• Strategic Initiatives: Outline specific strategic initiatives that support and fulfill the mission statement.
• Employee Engagement: Emphasize the importance of the mission statement in employee engagement and motivation.
• Market Positioning: Position the company in the market based on the mission statement and unique value proposition.
• Customer Experience: Highlight how the mission statement influences the customer experience and drives loyalty.
• Regular Refinement: Commit to regularly reviewing and refining the mission statement to keep it relevant and impactful.

Common Mistakes to Avoid When Writing a Mission Statement for Your Business Plan

Crafting a mission statement requires precision and clarity. To ensure its effectiveness, avoid these common mistakes:

• Lack of Clarity: Avoid vague language and unclear statements that don’t communicate the company’s purpose clearly.
• Being Too Generic: A mission statement should be unique to the company and not sound generic or clichéd.
• Overcomplicating: Keep the mission statement concise and straightforward, avoiding unnecessary complexity.
• Neglecting Stakeholders: Consider the interests of all stakeholders while writing the mission statement.
• Ignoring Values: Ensure that the mission statement reflects the company’s core values and principles.
• No Emotional Connection: Craft a mission statement that emotionally resonates with employees and customers.
• Inconsistent Messaging: Align the mission statement with the overall brand message to maintain consistency.
• Lack of Relevance: Ensure the mission statement reflects the current market landscape and business goals.

Revising and Updating Your Business Plan’s Mission Statement

A mission statement should evolve alongside the company’s growth and changes in the market. Here’s how to revise and update your mission statement effectively:

• Regular Evaluation: Periodically assess the mission statement’s alignment with the company’s goals and values.
• Gather Feedback: Seek input from key stakeholders, including employees, customers, and investors.
• Stay Relevant: Update the mission statement to reflect changing market trends and customer needs.
• Capture Growth Aspirations: Revise the mission statement to encompass the company’s future growth plans.
• Refine Language: Reframe the statement using clear and impactful language to strengthen its messaging.
• Ensure Consistency: Confirm that the updated mission statement aligns with the overall business strategy.
• Internal Communication: Communicate the revised mission statement to all employees to ensure a unified vision.
• Celebrate Milestones: Use milestone achievements as opportunities to revise and refine the mission statement.

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10+ SAMPLE Business Purpose Statement in PDF | MS Word

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A statement of purpose is an integral component of your small business's overall strategic operation plan. This document contains your company's core philosophy and values, from which you measure the worth of all business decisions and strategies. Crafting an understandable and attainable statement of purpose helps you and your management team to create policies and measure the success of your company as a whole.

Statement of Purpose Definition

The statement of purpose for your small business defines your company's core goals and purpose. According to Web Marketing Today, an Internet marketing website, the statement also forms the basis for your small business's brand and the promises your company intends to make to consumers. A statement of purpose isn't as broad as a mission statement, which seeks to incorporate business strategies and procedures into the document. Instead, a statement of purpose focuses primarily on the short message that will guide your company in formulating its business practices and procedures, without spelling out what those methods will look like when your business opens its doors.

Avoid Vague Statements

Just because your small business's statement of purpose doesn't include your company's plans for business operations, doesn't mean you should be vague in crafting its language. Your company's statement of purpose shouldn't simply be "make money." The statement of purpose should describe the way in which your small business wants to become successful while carving out a place in the local business community. Focusing the statement with specific language can help your management team come up with strategies and methods to accomplish the goals your statement of purpose sets.

Think About Customer Need

Thinking about the needs your small business is fulfilling for customers can help you craft a statement of purpose that positions your company strategically, as opposed to functionally, according to Web Marketing Today. This allows your mission statement to transcend just creating products and instead focus on providing services for customers. A statement of purpose focused on function allows your business the flexibility to meet consumer needs regardless of the products your company currently offers for sale.

Creating Attainable Goals

An unattainable ideal, including the pursuit of perfection, doesn't make for a good statement of purpose because your employees and management team can't adequately judge if its practices are working towards that goal. It's perfectly acceptable to create a lofty goal for your small business, but this goal should also be within the realm of possibility. This allows your management personnel to gauge the worthiness of proposed business plans and the success of current business strategies.

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Jonathan Lister has been a writer and content marketer since 2003. His latest book publication, "Bullet, a Demos City Novel" is forthcoming from J Taylor Publishing in June 2014. He holds a Bachelor of Arts in English from Shippensburg University and a Master of Fine Arts in writing and poetics from Naropa University.

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