what is business report

what is business report

1 year ago 40
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A business report is a formal document that contains factual information, statistical data, research findings, or any other form of information relevant to the course of the job. It is an informative document that contains important data such as facts, analyses, research findings, and statistics about a business with the goal to make this information accessible to people within a company. The main purpose of a business report is to facilitate the decision-making process related to the future of the business, as well as to maintain effective communication between people who create the reports and those they report to. Business reports use facts and research to study data, analyze performance, and provide recommendations on a companys future.

Components of a business report include:

  • Title Page: This page includes the title of the report, the authors name, the date, and the name of the person or organization the report is being submitted to.
  • Table of Contents: Depending on the length of the report, a table of contents may be included to make finding specific information easier for readers.
  • Introduction: This section outlines what will be covered in the report, including the main points, chosen report structure, and the objective of the report.
  • Body: The body is where the points of the report are discussed in detail. This section is divided by headings that inform the reader what information can be found in the following paragraph/s.
  • Conclusion: This section summarizes the main points of the report and provides recommendations based on the findings.
  • References: This section lists all sources used in the report.

When writing a business report, it is important to think about the audience and their expectations, and plan the report accordingly. The purpose of the report should be clear, and supporting information/data/visuals should be gathered and organized. The report should be clear and concise, using a professional, standard font in a readable size. Business reports are always formal, objective, and heavily researched, and every fact must be clear and verifiable.

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