Download my collection of 12 Free Annual Business Report Templates to help prepare your this year’s annual report easily. Looking for more options? See my post on Project Status Report Templates.
There are a number of types of annual report. Some are in education sector where students need to prepare their annual reports. Others are in 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.
In a broader perspective most of the times we are talking about annual reports with respect to business companies. Their performance and the predictions based on the past performance in an annual business report. Annual reports are critical and explanatory documents. They play an important role in 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 playing a role in its running. The audience this report addresses to mostly are the investors and stakeholders of a company. They are keep to know as 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 interests more about 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 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, the chains and subdivisions a company comprises of. This is to give the readers of report an overview of what their investment has grown into.
Annul business reports includes comparisons of different aspects to provide important information to its reader. Such as comparison of profits from the current year to the previous years. Or the comparisons of size of investments or comparisons of employees and company size. It also includes a comparisons of expenditures to assist your analysis. These are important features that give a quick overview of where the company stands. Also as 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 on 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 is preview of this Free Annual Report Template created using MS Word,