It is very important for companies and businesses alike to keep track of how their corporation is doing. It’s typical for business owners and managers to want to know if the company that they are running is actually returning a profit or not. It’s one of the few basic necessities in the corporate world, and frankly, not wanting to know the status of your own business would only mean that you are an irresponsible business owner. That is why most managers and company owners are much more inclined to draft and request a business report from their supervisors and employees. It provides them with a clear snapshot of what their company’s current status is and would let them make decisions that are based on facts and other relevant data. Business reports are not just for a clear picture of the company, its often used to look an other scale of issues as well such as ongoing projects, department plans, sales, tax, and etc.
Business reports are needed in almost all fields of corporate work. These documents contain facts and other relevant information that will be utilized and base decisions off of in a business or company. The document has quite a lot of purpose as well, from pitching an idea, analyzing an idea, proposing a merger, analyzing said merger, company compliance, and just about any field or points of interest that is related to the nature of your work or company. Writing a business report has quite a bit of weight into it since managers largely depend on this document to use as a communication medium in and around the company. That’s why enough care and attention to detail should be present when writing one. To make sure that the document is comprehensible and concise. Especially for reports that cover quite a lot of ground like company business reports. Company business reports present the current status of the company and provides details of all the projects that the company is currently working on in a specific period of time. To get a better idea of what a company business report is, take a look at some of these company business report samples listed right below. You can also use these samples as a guide or even as a template for when you want to draft your own business report for your company.
10+ Company Business Report Samples
1. Company Business Report Sample
2. Company Business Report Format
3. Standard Company Business Report
4. Basic Company Business Report
5. Company Business Performance Report
6. Company Business Annual Report
7. Editable Company Business Report
8. Professional Company Business Report
9. Company Business and Governance Report
10. Company Business Financial Report
11. General Company Business Report
What Is a Company Business Profile?
A business report is an official document largely used in the corporate world. It contains factual information, statistical data, research and study findings, or any other form of relevant information that is important for the business or company. The main purpose of a business report is to communicate relevant and factual information in a brief yet efficient manner. It is often drafted to use as a response to an executive request of a supervisor of the company. Written in a formal, matter-of-fact manner to be able to easily convey its contents clearly and concisely, that is because it’s largely used for internal communications in and around the company, and they have to make sure that whoever reads it can easily understand the document whilst remaining professional. It often takes the form of a memo with an attached report, and the contents should be supported by data and facts. Objectivity is a major element in writing the document so opinions are largely discouraged.
What Should Be Included in a Company Business Profile
A business report should be written in an abbreviated format that ensures full coverage and comprehensibility in mass dissemination. It should allow the readers to easily navigate the report and quickly identify the key elements that they are looking for. Use headings, sub-headings, bullet points, tables, diagrams, and charts, to effectively communicate the information that you need to present. Business reports can range from a couple pages to more than a hundred. Depending on the nature of your company and the components that your report has to cover. Regardless oh shape, type, and scale, a business report would usually include the following five elements.
- Table of contents
- The table of contents of your report should be arranged according to the headings and sub-headings that is present in your report.
- Effective summary
- State the purpose and the goal of your report in a brief and summarized manner.
- Describe the methodology that you have used in investigating the issues at hand.
- List important key points and findings in the report.
- Provide enough enough details for the whole evaluation process.
- Describe the methodology used in solving the investigated issues.
- Identify particular issues that directly affected the current evaluation.
- Include any relevant tables, charts, graphs, and diagrams.
- Key findings and recommendations
- Discuss and identify the key findings of your report.
- Make recommendations regarding the findings and the current issue.
- Summarize your findings properly. Relate back to the initial issue that the report was originally intended for.
What are the parts of a business report?
Formal reports often contain these main components; Introduction, Discussion, Recommendations, and Conclusion.
Why is a business report important?
Business reports provide useful insights and information for the management such as information on spending, profits, and overall growth. Reports provide important details that can be used to develop future forecasts, plans, budget and budget planning, sales and tax reports, and just improve overall decision making.
What can cause a poor report?
Inappropriate writing styles, poor grammar and punctuation, incorrect or inadequate referencing, too much, too little, and largely irrelevant material.
Although this article only provides quite a rough idea of how to set out a company business report, it should be more than enough to get you started. The overall format and presentation of the document largely depends on the nature of the circumstances that you and the company is working with. These factors may or may not have ideas of what should and what should not be included. Overall, it’s always best to consult your management beforehand if unsure.
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