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Video on Developing A Vision Statement

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Developing A Vision Statement
Bob Hamilton
 
To many new business owners taking the time to define a vision statement is not a priority. However, when opening a dollar store, it is important to invest the time to develop a clear vision statement. The vision statement helps to cement the desired look of the business in the future for owners, management and employees alike.
 
Many of those opening a dollar store may find it difficult to create the vision statement for their business. In many cases this is due to confusion about the exact content and purpose of a vision statement. Yet creating a vision statement can be easily accomplished once it is understood.
 
A vision statement is about the future of the business. When opening a dollar store it sets a direction the business will take as it moves into the future. It describes where the business wants to go in the future. It also describes what the business wants to accomplish in the future. 
 
Creation of the actual vision statement needs to start with the owners. Once they have a clear idea of the future direction and desired accomplishments for the business long-term, management needs to become involved. When opening a dollar store, every employee needs to be included. It is critical that everyone know the vision statement, what it means, and what the desired future will be.
 
By having a clearly documented and understood vision statement when opening a dollar store, everyone associated with the business from owners to employees can share in the long-term success of the business. Everyone can be working together to move the business in the desired direction. Invest the time to create a vision statement for your dollar store. Share it and obtain buy-in and commitment for every employee.
 
To Your Dollar Store Success!
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