When you’re applying for jobs, there are a lot of details about your work history and skills that the hiring manager doesn’t have time to go through. Professional Transcription Services understands what you’re going through, which is why they’ve compiled this comprehensive list of the various types of business writing that you’ll need to know how to do well. Keep reading for more information on each form of business writing.
Narrative Reports
These are reports that are written in the first person, as if you were telling the story yourself. They are usually based on facts, but the main focus is on the writing style. Your task is to write a professional report while still being as detailed as possible.
You may be used to writing summaries for your English assignments in school, so this should be quite easy for you. The only tricky part about narrative reports is that you have to choose your words carefully and make sure that everything is properly referenced. If you’re writing for an audience that isn’t as familiar with the topic as you are, make sure to include plenty of examples to help them understand and remember what you’re talking about.
Legal Disclaimer
Also known as a “formal disclaimer,” a legal disclaimer is the writing you need to provide when you’re submitting your invention or new product for patent protection. The main purpose is to state what you know about the legal system and disclaim any responsibility or liability for any damages caused by your product (or invention).
While most companies won’t have any issues with you submitting your patent application, it’s still good practice to write one anyway. What’s more is that sometimes inventors don’t do so well in court, so by writing a legal disclaimer, you’re potentially saving yourself from a lawsuit.
Business Plan
A business plan is essentially the blueprint for a business. It includes all of the information that the business owner needs to successfully operate the business. Your task is to write a concise business plan that is as comprehensive as possible.
Although there are some business plan templates you can use, you still need to provide the information yourself. Make sure to include the following:
- A brief business description
- An analysis of your industry
- The financial analysis (What is the expected cost of this business? Who will be the main customers? How many sales are you expecting in the next 12 months? etc.)
- A description of the products you’ll be providing
- The legal obligations of the business
- The marketing plan (What are your plans for advertising? How will you engage with your audience? etc.)
- A section for any additional information that may be useful to investors or lenders
- A management team
- Financial projections (What is your estimated income and expenses per week? What are your short and long term business goals? etc.)
- An appendix containing any agreements or legal documents relating to the business (such as stock transfer agreements, suppliers’ contracts, etc.)
- Two copies of the business plan
Product Description
A product description is any written or graphic material that provides the reader with important information about a specific product. Your task is to write a short description of a specific product that is as detailed as possible.
Your product description should include the following:
- Product information (What is the product? Where do you purchase it from? Who sells it? etc.)
- Objective and purpose of the product (What do you want the reader to know and do after reading this description? e.g. To reduce food waste at home, this food waste monitor alerts you when you’re running low on food)
- Application information (How and where can the reader apply this product? Is it a desktop application? A mobile app? A piece of hardware? etc.)
- The benefits or features of the product (What are the advantages of using this product? Is it better than its competitors? etc.)
- The pricing information (What is the price of this product? Is it a one time cost? Can you provide a discount if the customer buys a certain amount? Can you introduce a new promotion code? etc.)
- The availability of the product (Where can the customer get this product? Is it in stock? Can the customer get it from your warehouse? etc.)
- Additional information (What else should the customer know about this product? How can the customer contact you? etc.)
- Review the product or service (What other products or services does this product or service complement? Does it have any flaws? Is there anything the customer should know or be aware of? etc.)
A good business plan is a valuable piece of information for any entrepreneur or company looking to get started. It serves as an outline, a blueprint for the business, allowing the reader to see how everything will fit together.