Do You Know the Different Types of Business Reports?

April 12, 2021

types of business strategy report

Do You Know the Different Types of Business Reports?

Have you ever felt that there is some information your instructor is leaving out? For example, your instructor may not tell you all about the different types of business reports, how to write them, and why they're necessary. 

That’s where services like Help for Assessment come in handy. Having been on the market for years, our team, which includes school professors and Ph.D. graduates, can help plug information holes like this one. We have created this simple guide about the types of business reports, and you can even view samples of some of these.

Investigative Business Report

As the name suggests, investigative business reports seek to formally investigate and get to the root of a particular issue. This kind of report involves a lot of research work and detailed writing. 

To write the best investigative report, you need to understand its purpose. A firm would need an investigative report for various reasons, like sparking an action based on the findings. It can also be required for a legal proceeding or as a data source before implementing measures within the company.

An ideal investigative report must be easy to understand for the intended audience. It should also be clear such that the audience understands the nature of the action to take. The report must detail whether the claims under investigation are substantial or not.

The investigative report has various sections such as; executive summary, preliminary case information, a summary of the allegation, and the subject of the allegation. With these details, you can then write on the details of the investigation and plan and scope. You also have to include the various interviews, creditability, conclusion, and recommendation.

Feasibility Business Report

A feasibility report involves analysis and justification of a projection over the other options. The report looks into how effective a proposed solution is over the other options depending on aspects like financial, environmental, legal, and technical implications.

A typical feasibility business report comes with six parts. The first is the project scope that defines the business problem or the opportunity under scrutiny. The report will be direct to the point and details the affected parts of the business.

The second part is the current analysis that looks into the existing methods of implementation in the business. It involves looking into the strengths and weaknesses of the current methods. The next step details the requirements and the methods to go about the study.

The evaluation precedes the approach to observe the cost-effectiveness of the approach used. You have to detail the return on investment, cost and benefit analysis, and others. The last part involves the review. Here is where you write about the thoroughness and accuracy of the report.

The review determines how effective the proposed project is. If successful, then the management accepts and signs it.

Periodic Business Report

A periodic report relays information on the events over a given duration. They cover a specific period using a given set of data and information.

There are various periodic reports like incident reports that track specific events. Sales report determines the growth rate of the company. The periodic report can also be in the form of a progress report that tracks all the business activities and business changes.

Writing a periodic report is all about accuracy. The teacher will look into the reliability of the sources of information. In any other business setup, inaccurate periodic reports can come with legal consequences.

Yardstick Business Report

Yardstick is the other popular business report assignment you will get in class. The yardstick report compares various solutions to a single problem. It allows you to measure the various solutions concurrently, such that you only end up with the best.

Writing a yardstick report involves a few steps. You first identify the problem and all the possible solutions. The process involves detailing the criteria of how you choose a solution. You can then decide on the solution and make a recommendation based on the criteria.

A yardstick report must be clear and specific to help the reader understand the reason for the solution you picked.

Research-Oriented Descriptions

Writing a research report is all about detailing analysis using data gathered from in-depth research. The report is detailed with clear findings, recommendations, and all other information obtained from the research.

A research-oriented description report details the research process and includes support documents like tables and graphs. It also uses formal language and is structured with headings and various sections.

Always define the context of the report before you start writing. You also define your audience and include significant findings. This is also the time to bring your research skills into use. You might have to create the surveys and questionnaires.

Tips to Write the Best Business Report

Getting the type of business report right plus some exceptional evidence-based writing is what will get you top grades on any business report assignment.

Even though there are various types of business reports, they generally follow the same structure and format. That’s because they are all formal kinds of academic writing, with only minor differences about which your instructor can always provide help. The report will have a title page, summary, table of contents, introduction, methods and findings, conclusions and recommendations, references, and appendices. 

While at it, remember to avoid plagiarism in your business strategy report. If you are having trouble completing your assignment, you’re better off reaching out to Help for Assessment for assistance. 

Help for Assessment Can Help With Any Business Strategy Report

While you’re learning about the different types of formal business reports, you may also need help with some type of business assignment. Remember that the team at Help for Assessment is always here to help, and you can reach out to us at any time to get it done, even if the deadline is just a few hours away.  

About the author 

Antony W is a professional writer and coach at Help for Assessment. He spends countless hours every day researching and writing great content filled with expert advice on how to write engaging essays, research papers, and assignments.

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