Outline for the Report to the Board of Directors
The Report to the Board of Directors should include the following components:
- Executive Summary
- Review of financial and market performance during the past year
- A review of business during the past year
- Comparison of actions taken against business plan
- Discussion of departures from business plan, justification,
and outcome
- Review of significant events that affected the company and/or
market
- Assessment of current situation and the market
- Strategy for the next year in business (What will it take to get
ahead or stay ahead?)
- Pro forma cash flow, balance sheet and income statement
- Tactical plan
The communication style should emphasize objectivity and candor.
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