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7 types of business reports you should create
1. Performance report
How much traffic did your website get this month? Did your
sales team reach their goal? What is your return on investment? These are the
types of questions you need to answer in a performance report.
In short, a performance report includes everything related
to the performance of your business. In the report, you should mention the
performance of each department in your company.
This will help you get a clear picture of what is happening
in your business, its successes and its failures. To get the most out of your
performance reports, you should prepare them every month!
Read more: Performance report: what is it and how to make
it? (Steps comprised)
2. Annual account
To be honest, this reports is the king of all other business
reports. Why? Because it shows everything your business has done during the
year, which makes it a very, very important document.
Typically, an annual report is prepared after Office Productivity the end of a
fiscal year and provides an overview of each segment of your business, from
operation to advertising.
This report can stretch you, your customers, and
stakeholders a perfect picture of what's in store for your business, but only
if you take the time to create it the right way.
3. Meeting report
As you may had already guessed, the meeting report is
prepared after a meeting. It looks a lot like the "meeting report",
but a little more detailed.
In a meeting report, you should mention everything that was
discussed during the meeting, the names of the participants, the objective, and
a summary of the next meeting.
Employees in meeting
Creating meeting reports is a smart move because it helps
you keep track of all the important plans that were discussed during the
meeting. Plus, it gives you a foundation for the next meeting!
Read more: Meeting plan: what is it and how to create an
effective one?
4. Investigation report
Whether it's researching your target market or your
competition, research is inevitably part of the business world. You can't
really make good business decisions without proper research.
But conducting research is not enough, the way you present
it is also important. This is exactly why research reports are so important. By
effectively reporting all of your search results, no one cannot stop you from
making good decision.
Research report can also help you and your team better
understand the market, which means you can steer all your efforts in the right
direction.
Marketing is expensive and labor intensive, we all know
that. You don't want your money and effort to go to waste, do you? Well, good
sales and marketing reports can prevent that from happening.
You see, when you prepare a marketing report, you will have
all the data related to your marketing strategies at your fingertips. You can
see it, analyze it, and do a lot more when things don't go your way.
Remember, if you can't measures something, you can't make
changes, and you can't measure something without a good report. As easy as
that.
Read more:Marketing report: definition, types, advantages
and elements to include!
Sale report: what is it and how to creats one?
6. KPI report
First, let's understand what exactly the KPI is. KPIs are
the metrics that are "key" in determining the success of your
business. KPIs can range from your profit margin to your return on ad spend.
A KPI report give you a quick overview of all the KPIs you
have defined and helps you determine whether or not your organization is on the
right track. Ultimately, this information leads to better business results.
This report can also help you navigate important business
processes and get concise, up-to-date and accurate information about your
business. What to ask for more?
7. Information report
Trust us, this report is not as boring as it sounds. In
fact, it is a report that he acts like a knights in shining armor. Remember the
examples we gave in the introduction? Let's talk about it again.
You have hired a new manager and you want him to know
everything about your business as soon as possible. Well, you can share the
report.
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