A Statement of Purpose (SOP) is a document used in business to provide a clear understanding of the purpose and objectives of a particular project or venture. It is a written document that outlines the goals, objectives, strategies, and plans of action for a business or organization. It serves as a guide for the organization and its members, and provides a roadmap for the organization to follow in order to achieve its goals. The SOP is typically written by the organization’s leadership, and should be reviewed and updated regularly to ensure that it remains relevant and up-to-date. It should also be shared with all stakeholders, including customers, partners, and employees, so that everyone is on the same page and understands the organization’s mission and objectives. A well-crafted SOP can help an organization stay focused and organized, and can help ensure that everyone is working towards the same goal.