Guides management in operation of the business
Mission of the business give staff a guide with or with no founders guidance.Mission statement describes the business capabilities, focus and activities . Mission broad wide " poverty instead of hunger "
Attract investors
Well who sees a foreign country without a map?. Plan give clear display of the business. If its profitable or need little adjustment to prosper.
motivation and working enviroment
Strategically planing gives your employees reason to perform better which leads to increase of productivity . Without visionize your employees your the seriousness you have won't be the same