The purpose of a Business report is to communicate information to assist in the business decision making process. Some reports might propose solutions for business problems or might present relevant information to assist in the problem solving process. A Business plan is a kind of report which serves to communicate the Business model, Business management model and the commercial objectives of a business.
In general when writing a business report the following steps have to be followed
1. Preparing to write the business report
2. Determining the scope of the report
3. Understanding the Target Audience
4. research to collect supporting information
5. formatting and organizing the report
Preparing to write the business report
Preparation is key to write a business report. As part of preparation, doing preparatory research is imperative. The author uses available technology to find valid information using the following steps:
1. Identifying good search tools
2. Doing a topic search to speed up the process
3. Searching using boolean operators, wild cards, exact phrases
Then, the writer must manage the outcome of the research. The best ways to manage sources found online are to:
1. Bookmark the pages
2. Repeating the research frequently to find updated information
3. Establish the credibility of all the sources (are they current?, who published them?, are they biased?)
After having found the best sources during this preliminary research, the author can now begin to think about who to write it.
 Determining the scope of the report
In this step the author has to determine the scope of the report. This process would involve what topics would be covered in the report and what elements are not necessary. This step would also help to determine how detailed the report would be.
 Understanding the Target Audience
A target audience, or target group is the primary group of people that something, is aimed at appealing to. A target audience can be people of a certain age group, gender, marital status, etc. (ex: teenagers, females, single people, etc.) A certain combination, like men from twenty to thirty is often a target audience. Other groups, although not the main focus, may also be interested. Discovering the appropriate target market(s) to market a product or service to is one of the most important stages involved with market research. Without knowing the target audience, a company’s advertising and the selling efforts can become difficult and very expensive.
In this step potential requirements of the readers have to be considered and the target audience has to be identified. Questions such as who will use the report?, educational level of the audience?, knowledge level of the reader?, what is the reader expecting from this report?, personal demographics of the audience?, What should be the level of technical complexity?