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How to Write a Business Report for English Learners #business #school

#business report

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How to Write a Business Report for English Learners

By Kenneth Beare. English as 2nd Language Expert

Kenneth is an ESL teacher, trainer, and content developer. He provides consulting services for English language learning projects through Englishfeed. You can follow Kenneth on Twitter. on his Google profile: Kenneth Beare. or on Facebook to stay up to date on his latest English learning materials.

Updated July 28, 2015.

If you would like to learn how to write a business report in English follow these tips and use the example report as a template on which to base your own business report. First of all, business reports provide important information for management that is timely and factual. English learners writing business reports need to make sure that the language is precise and concise. The writing style used for business reports should present information without strong opinions, but rather as direct and accurately as possible.

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Linking language should be used to connect ideas and sections of the business report. This example business report presents the four essentials that every business report should include:

Terms of reference refer to the terms on which the business report is written.

The procedure describe the method that was used to collect data for the report.

The findings describe the data or other important information the report produced.

Conclusions are drawn on the findings which provide reasons for recommendations.

The recommendations are specific suggestions made based on the conclusions of the report.

Read the short example business report and follow the tips below. Teachers can print this examples for use in class in lessons using sound teaching writing strategies .

Reports: Example Report

Margaret Anderson, Director of Personnel has requested this report on employee benefits satisfaction. The report was to be submitted to her by 28 June.

A representative selection of 15% of all employees were interviewed in the period between April 1st and April 15th concerning:

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  1. Overall satisfaction with our current benefits package
  2. Problems encountered when dealing with the personnel department
  3. Suggestions for the improvement of communication policies
  4. Problems encountered when dealing with our HMO
  1. Employees were generally satisfied with the current benefits package.
  2. Some problems were encountered when requesting vacation due to what is perceived as long approval waiting periods.
  3. Older employees repeatedly had problems with HMO prescription drugs procedures.
  4. Employees between the ages of 22 and 30 report few problems with HMO.
  5. Most employees complain about the lack of dental insurance in our benefits package.
  6. The most common suggestion for improvement was for the ability to process benefits requests online.
  1. Older employees, those over 50, are having serious problems with our HMO s ability to provide prescription drugs.
  2. Our benefits request system needs to be revised as most complaints concerning in-house processing.
  3. Improvements need to take place in personnel department response time.
  4. Information technology improvements should be considered as employees become more technologically savvy.
  1. Meet with HMO representatives to discuss the serious nature of complaints concerning prescription drug benefits for older employees.
  2. Give priority to vacation request response time as employees need faster approval in order to be able to plan their vacations.
  3. Take no special actions for the benefits package of younger employees.
  4. Discuss the possibility of adding an online benefits requests system to our company Intranet.

Important Points to Remember

  • A report is divided into four areas:
    • Terms of Reference – This section gives background information on the reason for the report. It usually includes the person requesting the report.
    • Procedure – The procedure provides the exact steps taken and methods used for the report.
    • Findings – The findings point out discoveries made during the course of the report investigation.
    • Conclusions – The conclusions provide logical conclusions based on the findings.
    • Recommendations – The recommendations state actions that the writer of the report feels need to be taken based on the findings and conclusions.
  • Reports should be concise and factual. Opinions are given in the conclusions section. However, these opinions should be based on facts presented in the findings .
  • Use simple tenses (usually the present simple) to express facts.
  • Use the imperative form (Discuss the possibility. Give priority. etc.) in the recommendations section as these apply to the company as a whole.

Continue learning about other types of business documents using these resources:





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How to Start a Hot Shot Trucking Business #businesses #for #sale

#hot shot business

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How to Start a Hot Shot Trucking Business

If you own a small rig and are looking for a way to bring in more income, learning how to start a hot shot trucking business may be the answer.

Hot Shot Trucking

The term “hot shot trucking” is applied to truckers who drive rigs smaller than the standard semi-truck and trailer. It also refers to moving less than a truckload or LTL. Unlike hauling conventional cargo that can be scheduled regularly, hot shot cargo is often time sensitive in nature. Hot shot loads vary and will depend on the type of rig you operate. Items hauled cmay include things like a trailer full of urgently needed parts, hauling fresh flowers, or something as small as delivering one envelop for a same day delivery.

How to Start a Hot Shot Trucking Business

If you’re seriously thinking of starting a hot shot trucking business, before you buy your rig think through what type of hauling and deliveries you want to make. Another consideration will be whether or not you plan to build your own customer base as an owner operator. This takes time, and time is money when it comes to hauling loads, especially when you have truck payments to make. If you already have connections to get you started, though, you can build your hot shot trucking business into an independent and profitable venture.

The quicker route to getting your business going is to lease your services or sign on with a trucking company looking for hot shot truckers. This option not only takes the pressure off for finding loads to haul, but it also removes the responsibility of paperwork and billing from your shoulders. Typically the trucking company finds the loads to haul for a fee. Generally this arrangement puts about 75% of the freight charge into the pocket of the trucker, and the other 25% goes to the trucking company.

To sign on with a trucking company, you’ll have to get in touch with the terminal manager to learn what steps need to be taken to submit your application. To get accepted, you’ll have to pass a drug test and a DOT physical.

LTL Job Resources

If you decide you want to operate independently as an owner operator, the Internet provides resources to help truckers secure less than a load hauling jobs. This short list of resources can be used to initiate you to the world of hot shot trucking job banks, how to navigate them and to learn what they have to offer.

  • FindFreightLoads.com. This site conveniently lists jobs by state, so whether you want to drive loads locally, or state-to-state, options exist. Truckers can also register and be added to the pool of available drivers.
  • uShip. This site provides thousands of hot shot job possibilities. Truckers bid for the chance to haul specific loads. Registration is free and the forum boards open an avenue of communication with other hot shot truckers.
  • TruckDriverJobs.co m. This resource provides all kinds of trucking opportunities including expediate, hot shot trucking and LTL.

Buying Your Truck

If you don’t already own a rig and your want to start a hot shot trucking business, it is best to buy a used truck to get started. Buying used over new will save you thousands in start up costs. Sites like TruckerToTrucker.com offer a large inventory of previously owned hot shot trucks. However, a word of caution must be extended with buying a used truck. Take the time to research manufacturers and models. Learn what’s dependable and look for a truck that can be flexible in regards to what type of load it can carry. The most common features for trucks used in hot shot trucking include:

  • Dual tire
  • Tandem axle
  • 24,000 lb gross weight rating

Disadvantages to Hot Shot Trucking

Figuring out how to start a hot shot trucking business isn’t too hard. It’s building the business and keeping up the chaotic pace that’s difficult. Hot shot hauling is demanding, and generally doesn’t allow for breaks between pick-up and delivery because of the time sensitive nature of the cargo. This kind of schedule can take its toll on truckers physically, mentally and can create a challenging life on the home front. Before you start your hot shot trucking business, be sure your family understands the demands it will make on family life.

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Writing a business plan sample #funding #for #business

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Writing a business plan sample

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Business Plan Examples Templates | How To Write

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Don t Just Start a Business, Solve A Problem #business #courses #online

#start up business

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Don’t Just Start a Business, Solve A Problem

Founder of Alltopstartups.com

As long as consumers have problems, they will always search for solutions. People will always look for better, faster and smarter ways to accomplish everyday tasks. And fortunately for entrepreneurs, there are still lots of rooms for improvements in existing products. That said, the biggest issue for most founders is finding these painful problems and matching them with the best solutions possible.

Here are a couple pieces of insight to get you started.

Focus on building a must have not a nice to have product. Consumers are overwhelmed with the paradox of choice on daily basis. Attention spans are getting shorter in the age of multi-tasking and only few products are getting noticed with many being a solution for a must not a want. The demand for quicker and faster results make it difficult to fully satisfy the needs of consumers. You need to be doing something different and better to make it in this world, as donsumers expect and demand more than just another product.

Solve real painful problems. Google made search better. Amazon simplified online buying and selling. Netflix solved on-demand streaming media. Uber is trying to make on-demand car service better. What can you make smarter or better?

What is the one painful problem you can solve without struggle? To grab your customer s attention, start by solving their needs, wants rarely make the cut. If your product is not a must-have, you could still find a way to repurpose it to solve a pressing need. If you have been able to identify a crucial problem that you can effectively execute and deliver to market, you will be able to create a real business that matters.

Your business should be your passion. Some entrepreneurs look to solve problems they identify with or feel passionate. They choose this path because work because less about work and more about enjoying the journey.

You will need all the inspiration, commitment and the perseverance you can get to make it as an entrepreneur, hence the need to start a business you are passionate about.

The happiest and most successful people I know don t just love what they do, they re obsessed with solving an important problem, something that matters to them, Dropbox co-founder Drew Houston said during the 2013 MIT commencement address.

Coupled with passion, is the ability to execute. If you can t deliver, you are not in business. Products with a real need are easy to market and you won t have to convince people about the existence of the problem and the need for your product because they identify with it.

You don t want to start a business that may not survive. Do your homework, validate your idea and make sure you have a real market for your idea. Don t just start another business, solve a real problem people actually have to increase your chances of success.





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Business Checking Fees: A Beginner’s Guide #own #business #ideas

#free business checking

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Credit Cards

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Credit Cards

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Mortgages

Loans

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Many of the offers appearing on this site are from advertisers who compensate us to be listed on our site.

The results of our “banking comparison tool” are based on objective, quantitative and qualitative analysis of the banking products’ attributes and are not affected by compensation.

Compensation may impact which products we review and write about and how and where they appear on this site including, for example, the order in which they appear.

Any evaluation, advice, opinion or guidance provided by us or editorialized by us within this website such as bank reviews, product reviews or editorial content is in no way affected by or based upon compensation from our advertisers.

Additionally, our star ratings are a mix of user feedback and NerdWallet’s independent evaluation which are independent of compensation.

For a list of all of our advertising partners, click here

Business Checking Fees: A Beginner’s Guide

You can trust that we maintain strict editorial integrity in our writing and assessments; however, we receive compensation when you click on links to products from our partners and get approved. Here’s how we make money .

Business checking accounts differ markedly from personal checking, and the fees can be far more complicated. But if you understand the basics of business checking fees, your company might be able to minimize or avoid them altogether.

Here’s a look at three of the most common fees.

Monthly service fee

What it is: A charge that occurs each month the account is open.

How much it is: The nation s largest banks typically charge $8 to $12 a month.

You can also select a business bank account at a bank where you meet the average balance requirement to waive the monthly fee. A typical bank requires an average daily balance of about $1,500 to avoid this charge. Some banks will also waive the fee if you meet other conditions, such as making a minimum number of debit or credit card card purchases each month.

Excess transaction fee

What it is: A fee for each transaction you make over a monthly maximum.

How much it is: At the 10 largest banks, fees range up to 75 cents per transaction.

How to avoid it: Come up with a ballpark number of transactions your small business will make each month. These include checks you write, debit card transactions and ATM deposits. Then look for a bank account that allows that number of transactions without charging extra fees.

Most of the top 10 U.S. banks by deposits have a 200-transaction limit on their basic business checking accounts before fees are charged. At banks that offer business checking accounts with no monthly fee, the transaction limit tends to be lower, often around 100.

Cash handling fee

What it is: You can deposit only a certain amount of cash at many banks. After that, you’ll be charged a fee to process all those bills and coins.

How much it is: Usually about 20 cents to 30 cents for each $100 you deposit above the cash handling limit.

How can I avoid it? Estimate how much cash you’ll deposit each month. Then choose a checking account with a higher cash handling limit.

You ll have an easier time avoiding fees if your small business doesn t have a ton of cash transactions. But if you do handle a lot of cash — you own a restaurant or a convenience store, for example — you could lower your costs by shopping around.

Say you own a deli and expect to deposit about $10,500 in cash each month:

  • Option 1: Bank A allows up to $7,500 in cash deposits a month and charges 30 cents for every additional $100 you deposit during a statement period. You re $3,000 over the cash deposit limit. Since you’re charged 30 cents for each $100, you’d multiply 30 cents by 30. Your cash handling fee would be $9 for the statement period.
  • Option 2: Bank B allows $5,000 in cash deposits and charges 25 cents for every additional $100 you deposit during its statement cycle. You have $5,500 in excess cash deposits. Since you’re charged 25 cents for each $100, you’d multiply 25 cents by 55. That’s a cash handling fee of $13.75 for the statement cycle.

Reducing your business checking fees can be an easy way to help your company cut costs. To learn more, check out NerdWallet’s small business checking primer .

This article was updated June 28, 2016.

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Sell a business or buy a business with #business #services

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Our latest advice features

The Pork Crackling Company Started as a bet between co-workers the Snaffling Pig Co has now won investment via Dragons Den and co-founder Nick Coleman is as happy as a pig in mud. Gender pay gap average still at 18% It has been over four decades since the Equal Pay Act, but Women still earn an average of 18% less than men according to new research. National Burger Day means business: Dazy Kitchen In the last part of our National Burger Day Q A, we speak to new London start-up Dazy Kitchen… National Burger Day means business: Chuck Burgers Days dedicated to food have become an integral part of the growing ‘foodie’ culture in the UK and the hamburger has become a staple part of western culture itself. See more articles

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Using a business continuity plan template: A free business continuity template and guide #business #logo

#business continuity plan

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Using a business continuity plan template: A free business continuity template and guide

FREE DOWNLOAD:

SearchDisasterRecovery’s business continuity template

For many professionals, these steps present a formidable challenge. To make the process easier, people seek out alternatives, such as software, templates, checklists, or consultants. While each of these options can build a plan and its associated program elements, too often these tools are used to get something done quickly. Typically, the process involves some data gathering and interviewing, followed by a fill-in-the-blanks process that somehow magically creates a finished product.

SearchDisasterRecovery.com has created a free downloadable business continuity template to assist you in your business continuity planning. Download and print out our template, and then read the step-by-step guide below to create a successful business continuity plan .

A GUIDE TO USING OUR BUSINESS CONTINUITY TEMPLATE

Here’s a look a the structure and content of the template, indicating key issues to address and activities to perform.

  • Initial data: If you have identified various people to contact in an incident, locate their contact information at the front of the plan, so you won’t have to waste valuable seconds paging through a lengthy document.
  • Revision management: Have a page that reflects your change management process.
  • Purpose and scope (Sections 1.1 through 1.6): Provide details on these attributes, as well as assumptions, team descriptions, a list of terms, and other background information.
  • How to use the plan (Sections 1.7.1 through 1.7.4): Provide information on circumstances under which the plan will be activated, including outage time frames, who declares a disaster, and who should be contacted on this situation.
  • Provide policy information (Section 1.7.5): this is a good place to use standards documents as references.
  • Emergency response and management (Section 1.7.6): Specify situations in which the plan is to be activated and response procedures.
  • Use step-by-step procedures (Sections 1.7.7 through 1.7.10): These are easier to follow than broad general statements such as relocate to alternate building that require considerable details to work properly.
  • Describe how often the plan is to be reviewed and updated, and by whom (Section 1.8).
  • Assuming a situation has occurred, Section 2 provides steps to take to address it; these can be in the form of checklists (useful to keep track of scheduled and completed tasks) and flow diagrams that provide a high-level view of response and recovery.
  • Information needs to be gathered before officially declaring a disaster; this includes damage assessment data and first-hand reports from staff and first responders; convene meetings as needed with key emergency team members to evaluate the facts before proceeding to a declaration.
  • Section 3 addresses actions to take when it becomes obvious that management needs to declare a disaster. A damage assessment can be initiated either before or after the declaration; it is up to company management.
  • Section 4 provides detailed instructions on recovering operations, relocating to an alternate site and related activities.
  • Detailed appendices are provided in Section 5; these include lists and contact details on all emergency teams, primary and alternate vendors, alternate work space locations. and other relevant information. It is very important to keep this information up to date.
  • Additional forms can be found in Appendix 5.7; these should be developed in advance, validated by exercising (as is the entire plan) and kept in a ready-to-use format.

GENERAL BUSINESS CONTINUITY PLANNING TIPS

Here’s a checklist of things to keep in mind during business continuity planning:

  • Take the process seriously. If you want to protect your business from unplanned events that could disrupt operations, create a plan. It doesn’t have to be hundreds of pages long. It just needs the right information, and that information should be current and accurate.
  • Use disaster recovery/business continuity standards as a starting point. Almost two dozen business continuity standards are available worldwide. In the U.S. several options are currently in use:
    1. NFPA 1600 (the current U.S. national standard)
    2. BSI BS 25999 (the British standard)
    3. FFIEC Business Continuity Handbook (used by the banking and finance sectors)
    4. DRII/DRJ Generally Accepted Principles (GAP)
  • Keep it simple. Less can definitely be more in this situation, unless the user is primarily a technology-based group, such as IT.
  • Limit content to actual disaster response actions. Assuming you are creating a plan to respond to specific incidents, include only the information needed for the response and subsequent recovery.
  • Make it happen. Once the business continuity plan is complete, exercise it to ensure that the documented procedures make sense in the sequence indicated.
  • Be flexible. A single template may not be universally applicable to all department and/or locations in your organization; consider other templates, software or consultants.

The keys to a creating a successful business continuity plan are to define step-by-step procedures for response and recovery, validate these activities through periodic exercising, and maintain the plan and its various components up to date.

More business continuity template resources

About this author:
Paul F. Kirvan, FBCI, CBCP, CISSP, has more than 20 years experience in business continuity management as a consultant, author and educator. He is also secretary of the Business Continuity Institute USA Chapter.

This was first published in April 2009





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Starting A Small Business: Introduction #loans #for #women #in #business

#starting a small business

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Starting A Small Business



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Starting a business – Canada Business Network #small #business #ideas

#starting your own business

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Starting a business

Want to be your own boss? The idea of starting a business is appealing to a lot of people and can be very rewarding. This information will help you plan for a successful start to your entrepreneurship journey.

Get ready to start a business by doing the research and planning that will help you launch your project.

Access guides and checklists for starting different types of businesses.

Find out how to write a business plan and access templates, sample business plans, market research information and statistics.

Find out about available sources of financing for your start-up business.

Choose the right name for your business. Your business name should be unique and easy to remember, and should describe the products and services you provide.

Find out about the requirements to register your business with different levels of government.

Learn about permits, licences and regulations that apply to your business.

Explore some of the resources that can help you with hiring and managing employees as well as paying a variety of taxes.

Trying to decide where to locate your business and how to arrange it once you get there? Consider your options.

Are you ready to start a business to further your non-profit organization’s mission or generate income to support its sustainability? Find resources to help you manage and grow.

Date modified: 2016-03-17

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