Download our collection of 12 Free Annual Business Report Templates to help easily prepare this year’s annual report. Looking for more options? See my post on Project Status Report Templates.
There are a number of types of annual reports. Some are in the education sector where students need to prepare their annual reports. Others are in the Business sector where they need to prepare annual business reports to highlight the performance of companies. Sometimes even individuals prepare annual reports to assess the performance of a company or another individual.
From a broader perspective most of the time we are talking about annual reports with respect to business companies. Their performance and predictions are based on past performance in an annual business report. Annual reports are critical and explanatory documents. They play an important role in the performance study and assessment of any business or company in business.
Key Elements of Annual Business Report Templates
Annual reports are to include a number of key elements without which an annual report is incomplete. These key elements are KEY ELEMENTS for a reason and hence one can’t ignore them at any cost. As a general overview of an annual report is a document telling us all about the performance of a company. Such reports are important for its owners and people in its running. The audience this report addresses mostly are the investors and stakeholders of a company. They are kept to know hows their company performing to estimate potential profit and return on their investments.
The most important feature of an annual report is the profit assessment and financial figures over the past year of the company’s tenure. This part of the report is extra crucial as management is interested in this record to read or study. Profits, losses, investments, expenditures, and even payroll of the employees are the main focuses of this portion of the report. You can also consider this as the strongest performance assessing part since the profits determine the rate of success for any company.
Annual Business Report Format
Apart from this important portion of the report an overall profile of what the company actually does is a ‘must thing to include’ feature of an annual report. This includes the details of all the departments and roles a company is playing, its subsidiaries, and the chains and subdivisions a company comprises of. This is to give the readers of the report an overview of what their investment has grown into.
Annual business reports include comparisons of different aspects to provide important information to its reader. Such as a comparison of profits from the current year to the previous years. Or the comparisons of the size of investments or comparisons of employees and company size. It also includes a comparison of expenditures to assist your analysis. These important features give a quick overview of where the company stands. Also what you shall expect in the coming years. These figures are not only important for the current investors and people in business in fact these also affect the people who are planning to invest in a company since these figures show where the company is going.
In some annual reports, the inclusion of a chairman letter has become more of a trend. But this is simply not a formality to be met; in fact, the chairman has a deep insight into the accomplishments and the standing of the company in the past years and the current situation. So this is an important part to be included to give the readers something they need to know about the company.
Free Annual Business Report Templates
Here are the previews of our Free Annual Report Templates created using MS Word.
