A mission statement expresses your company’s core values and purpose, often using a “to statement” template. A strong mission statement is usually a concise phrase (about two to three sentences) that sets forward what the company does, how it does it, and, sometimes, why. It can also include information on where the company is based, its target market or audience, or a general statement about the company values and goals. The audience for a mission statement ranges, often encompassing consumers, employees, and investors. In the other hand, A vision statement is a short statement—about one sentence—that describes the future-facing goals and ambitions of your company, often using a “to statement” template.

Source: https://www.masterclass.com/articles/vision-vs-mission