What is the Purpose of Business?Posted: June 22, 2013
Ask this question to most managers and they’ll respond, “To make a profit”. If that’s your answer, then you might as well throw all your vision statements, mission statements, and principles out the window.
The real purpose of a business, any business, is to create value. It’s to create something where there was nothing before. It’s to do something better than what’s already out there. When you create value, you better people’s lives and that’s something worth starting a business for.