Writing a report is not something you just get excited about but they are extremely crucial in business. From plotting a business plan, budgeting, developing strategies, to marketing, a report comes in handy, for sure. But how come there are 20% of American small businesses that fail in the first year? That is, according to the US Bureau of Labor Statistics (BLS). It may have something to do with a poorly crafted business report. So whether you need to make a business report for a company you worked for or for your own business, ensure to gather the right data and organize them well. And you can do that with our sample business report templates.
Business Report Template
Business Report Sample Template
Short Business Report Sample Template
Simple Business Trip Report Template
Business Management Report Template
Weekly Business Report Template
Quarterly Business Report Template
Monthly Business Report Template
Business Meeting Report Template
Basic Board Report Template
Board Meeting Report Template
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Short Business Report Template
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Business Meeting Report
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Business Management Report Template in iPages
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Business Trip Report Template in Pages for Mac
Printable Annual Business Report Template
Free Business Report Cover Page Template
Short Business Report Sample
Formal Business Report Example
Formal Business Report Format
Free International Business Report
Business Plan Report Example
Business Research Report
Business Progress Report
Business Reports: What Are They?
A business report is an essential document that translates data or information into a more detailed and comprehensive version. Business reports also apply to many functions from project status, budget, a yearly report—you name it. Where business reports are relevant depends on what purpose they serve in the first place. And in this article, you can find every great example of a formal report for your business. Check out our sample business report templates in PDF, MS Word, and Google Docs!
How to Create a Business Report
It is, no doubt, helpful to prepare a business report. But you have to remember that no business reports are ever alike. What to cover or write in the report solely depends on your gathered data, analysis, evaluation, etc. If you need help on how to make the report effectively, you are in the right place! Kindly follow these recommended steps that work on most business report types:
Step 1: Know the Report’s Purpose
What is your business report for? Is it to cover the high school department budget, present the stock changes, or perhaps, summarize a retail company’s productivity? Whatever your report’s purpose is, it should be indicated in the title of your document. That way, people won’t have to wonder what the business report is wholly about.
Step 2: Present with Visuals
You can get rid of lengthy and wordy business reports by using graphics, charts, tables, and other visuals to tell a story. That is only if visuals are necessary for your data. A common example is when you need to show the metrics, trends, and growth of particular variables. But whenever you add visuals, ensure that they are easily understood so the conveyed information won’t be misleading.
Step 3: Incorporate Branding
Bear in your mind that business reports are not simply used for planning and informing; they also work as marketing tools. Everything seen inside that document reflects your enterprise’s brand in the first place. Thus, always include your business’s logo, address, contact number, or even colors that match your company’s.
Step 4: Focus on Functionality
A report’s basic function is to inform and make audiences learn. Therefore, business reports must bring something to learn. You could delve into what worked or failed in the research. Or perhaps, propose better solutions to leverage data, proposals, plans, and more. If your report doesn’t have any key information to share, then it is pointless.
Step 5: Summarize and Organize
Lastly, work on summarizing and organizing your whole report. Such processes aim to make the report’s message clearer anyway. An easy-to-follow format would surely make a difference to share information easily and quickly. Keep it concise as well since simple yet straightforward details are already comprehensive enough. And once you are glad about the result, share the report.
What are examples of business reports?
Below are some of the most notable types of business reports:
- Periodic reports
- Routine management reports
- Compliance reports
- Progress reports
- Situational reports
- Policies and procedures
What is the business report format?
A business report’s basic format would have an executive summary, introduction, background of the report, methodology, main body, subheadings, conclusion, and recommendations. But how it is laid out and what to input or exclude depends on you.
What are the elements of a business report?
A business report contains basic common elements, and they are the following:
- Executive summary
- Financial evaluation
- Market analysis
- Marketing assessment
- Operational planning
- SWOT analysis
The two basic rules in creating business reports are: (1) to organize and analyze your findings, and (2) to communicate the reports effectively with your clients, stakeholders, and fellow members. And since you already know the basics of what a business report is and how it is made, you won’t have to deal with a time-consuming process in designing a report. You can always use our downloadable business report templates anytime as your trusted framework to design and format details according to your needs. Rest assured, you can produce an impactful report that stakeholders would understand shortly—download now!
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