A well written company annual report should meet the expectations of the intended reader. If it's aimed at Investors it should show business profitability, stability growth and any problems that could directly affect investments. Your annual report is a basic summary detailing your company's operations.
Some companies have chosen to abandon annual reports. But they can still be an important part of your business. Today annual reports need to be approached in an innovative way. Create an annual report that's easy to read. It should provide clear information about the technical and strategic content that is of interest. To accomplish this, it is important to:
1. Chose a qualified staff of employees for the project
2. Meet the financial, strategic and legal requirements of the report.
3. Consider any marketing aspects of the annual report.
Action Steps
The best contacts and resources to help you get it done
Choose the right team members
You need to select the right team members to produce a quality annual report. Ideally the project team should consist of representative for the investors as well as legal, accounting and marketing representatives. The coordinator should remain in constant contact with the company's key decision makers.
I recommend: Introduce the writers of your annual financial reports to an online course in creating reports like
PTI International to brush up on important basics, and to access an annual report sample.
Use the Internet
Customize your annual report and make it available online. You can format it as a PDF, an interactive presentation or use online information detailed business reports websites. Before you do either, make sure you know which would be more appealing to your audience.
I recommend: You can upload your completed company annual report to online information detailed business reports websites like
IRIN Annual Report Resource Center.
Create two separate versions of your annual report.
One version will be an annual financial report, the other report will eliminate all of the financial information ,and you are left with a pretty powerful marketing tool for your business.
I recommend: Consult with a successful marketing firm like
Cyndy Falgout Marketing and Communications to hep you create a powerful, engaging annual report of company marketing strategies.
Tips & Tactics
Helpful advice for making the most of this Guide
- Consider outsourcing for some of your needs including printing design, and even freelance writing. Make sure that the individuals or firm you choose specializes in creating annual reports. You can provide an annual report sample to help them follow the style of your organization's annual report of company operations. They are very complicated documents.
The official source of Annual Reports is the Annual Reports page at Business.com
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