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Your annual report should include four main components: the chairman's letter, a profile of your business, an analysis of your management strategies, and your financial statements. Adding creative elements like graphic design and a narrative can also help your annual report double as a marketing tool.
An annual report begins with a letter to the shareholders, then a brief description of the business and industry. Following that, the report should include the audited financial statements: balance sheet, income statement, and statement of cash flows.
Your annual report should have a logical and coherent content structure that makes it easy for your audience to follow and understand. To start, include a cover page with your business name, logo, and report title. Then, a letter from the CEO or founder should summarize the main highlights and challenges of the year.
How to Create a Great Annual Report 1) Choose the right format. 2) Craft a narrative. 3) Demonstrate your impact. 4) Humanize your work. 5) Visualize the numbers. 6) Follow design best practices. 7) Surprise your readers.
How to Prepare an Annual Report for Your Business Step 1: Cover Page. ... Step 2: Table of Contents. ... Step 3: Letter From the Owner or CEO. ... Step 4: Summary of Mission, Vision, Values, and Goals. ... Step 5: Description of Products or Services. ... Step 6: Financial Report. ... Step 7: Social and Environmental Report. ... Step 8: Appendix.