Business Report Example and Sample For Students PDF

Business Report Example For Students PDF also Business Report Sample For Students.

Business Report

The business report is an official document that compiles information to let other people know about it. The business report is also known as the company report. It represents the factual information of the company, including background, vision, mission, business types, target market, management team, advertisement, and more. It also provides paid capital, business growth, and profits. Usually, the organization makes a business report to use internally.  Therefore, every established company has a business report for its employees and stakeholders. Sometimes, the organization uses the business business to make a collaborative agreement with other organizations. So, the benefits of a business report are vital for entrepreneurs, students, employees, and stakeholders.

Business Plan Example For Students

Business Report Example For Students

The author has presented a business report example for students to understand how to write a business report. The business report example for students has been adopted from students at the University of Putra Malaysia. This example of the business report for students presents the components of the business report that are very relevant to the company profile. Usually, the lecturer advises students to write a complete business report. So, students need to create a dummy business profile to complete the assignment. The business report example for students shows their expertise in starting a new business.

This example of a business plan for students will surely help them students to complete the assignment. However, we do not encourage our students to copy the content from here. Students are advised to obtain only ideas of how to write a business report for assignments. Finally, they should write their business report.

business report example and sample for students pdf
Business Report Example and Sample For Students PDF

Business Report Example For Students

1.0 Executive Summary

It shows the business overview by answering all questions regarding the company. We need to follow 5w and 1h of report writing style to write an executive business summary. Wanpaku Sandwich is a new company in Malaysia that produces and sells unique sandwiches. We have set the University Putra Malaysia as the location for the company. We have set Wanpaku Sandwich as our company’s name, incorporating the product’s symbolic sign. Although this sandwich originated in Japan, we have replicated it to make it healthy, delicious, and affordable for the clients.

We want to focus more on quality rather than quantity. Therefore, we focus on the improvement of our sandwich’s quality. It is a unique sandwich that we sell in Malaysia. Our company produces and delivers the best product and service for our customers. Surely, many people will consume our sandwich for its taste. Our primary goal is to ensure food for busy people. Usually, busy people do not get enough time to make food. So, our sandwich would help them to get rid of hunger. Our targeted customer is all UPM students, lecturers, and staff.

For the initial capital, each member contributes RM 20.  So, the total starting capital of the company is RM 200. As for the store, we don’t have any other physical store except UPM. We only deliver our products to customers near UPM areas. We follow the open-order strategy via social media platforms.

For the marketing part, we promote our product through social media such as WhatsApp, Instagram (Wanpaku_Sandwich), and Facebook (Wanpaku_Sandwich).

1.1 Vision Statement

To build a high-standard food sandwich company in Malaysia and make Wanpaku Sandwich the first choice for our customers.

1.2 Mission Statement

We are dedicated to accomplishing our business objective by delivering quality products and services to customers. We produce tasty and healthy sandwiches to attract customers.

1.3 Key to Success

The keys to success for Wanpaku Sandwich include:

Reputation: we believe our customers will recommend us to their friends and family, as word-of-mouth marketing will be a powerful ally for our business.

Superior Customer Service: building a friendly rapport with our customers.

Location: cash on delivery service in University Putra Malaysia.

Product: offer sandwiches of high quality, sold at a fair price.

2.0 Company Summary

Business report example for students

Company’s Logo

We have set our company’s logo mentioned above based on several group discussions via online meeting platforms. Wanpaku Sandwich in the middle represents our company’s name, while the two sandwiches clearly represent the product we sell. The stall icon means our company is ready to serve and provide good product quality to our customers.

However, we have changed the font and color of the logo two times because customers could not see it clearly since the font color was yellow, which is a bit bright. The font types we used previously were in calligraphy form. Therefore, we changed the font type and color to make the logo clearer to our customers and more attractive.

2.1 Company Background

Our company was established on 28 February 2020. Our lecturer asks us to form 3 groups which consist of 10 to 11 students per group. We were developing a group that consisted of 10 very talented students to run the business. After that, we are given one week to decide the type of product we want to sell. We decided to sell one type of sandwich. We have decided and come out with a unique company name, Wanpaku Sandwich.

2.2 Company Overview
  • Company name: Wanpaku Sandwich
  • Date of establishment: 28 February 2020
  • Location/ selling area: UPM Area
  • Type of business: Partnership
  • Start-up capital: RM 220.00
  • Product: Sandwich
  • Main activities: Manufacturing and selling and product provide delivery services.
  • Number of staff: 10person
2.3 Introduction of Product

Wanpaku Sandwich is a healthy sandwich made with nutritious ingredients. It has an attractive appearance and delicious smell. We only prepare the product based on orders. So, customers get the food in a fresh condition. Moreover, Wanpaku Sandwich has no added preservatives or MSG. Lastly, Wanpaku Sandwich is food with affordable prices for students.

2.4 Service

We will be taking orders before preparing and delivering them to our customer’s doorsteps. Our customers will enjoy the fresh and best quality sandwich.

3.0 Marketing
3.1 Market and Research Analysis

We have collected data by survey based on more than 100 respondents in residence of Seventeenth College. The results of the study show that a lot of people want to buy our sandwiches. The seventeenth College area does not have many stalls selling different types of sandwich-like us. Based on our survey, our product’s most preferred ingredient is the chicken we used.

3.2 Competitors

The company admits that one stall sells products almost like ours—for instance, a kiosk at the student plaza. However, our company is a bit different because they sell tuna egg sandwiches. In contrast, we use chicken, bigger in size, healthier, and with mouth-watering packaging. Here, we promise a wide selection of products at very affordable prices to meet customers’ demands.

3.3 Marketing Plan
3.3.1 Product and Target Market

Wanpaku is a company that sells fresh sandwiches. It is made with nutritious ingredients. Our target is mainly the residents of Seventeenth College, the students, lecturers, and staff.

3.3.2 Distribution Channel

We follow preorders and provide a delivery service that is available around Seventeenth College. Our ingredients supplier in the market packages the chickens, vegetables, and other ingredients by ourselves before selling them to our customers.

3.3.3 Promoting and Advertising

Our company deploys three different promoting and advertising strategies to increase customer awareness of Wanpaku. The first strategy will be the word-of-mouth marketing strategy. Additionally, we will run a digital marketing strategy on social media such as WhatsApp, Instagram, and Facebook. We will post our products’ photos on our social media. This will be the cheapest and most effective of our promoting and advertising programs. Finally, we will distribute flyers and put a banner on our stall during the carnival.

3.3.4 Pricing Policy

Our company has set up a policy for pricing our products to ensure that the company will gain profits from our sales products. Below are the pricing policies.

Firstly, the products are charged to all customers at the same price based on the product type.
Additionally, the price of the products must be able to give profits to the company. It is based on the cost of production with 15 to 30% of the profit margin.
Moreover, the price may change depending on customer demands on the products or if the products or if the products are having a promotion.
Finally, the price must be affordable for the customers and able to compete with other sellers.

3.4 SWOT Analysis
Strength Weakness
For example, Good communication skills
Aspiration and determination to succeed
Perseverance in handling stress and failure
Ability to deliver the product
For example, Some of the members lack experience in handling business
Time restriction
Lack of capital
Opportunity Threats
For example, Wide marketing target
High demand
Unique vendor
For example, a Slow internet connection
Consumer preference
The price of the sandwich might fluctuate
4.0 Management Team

A business management team refers to an organizational structure. It can be defined as acquiring, allocating, and optimizing through planning, organizing, staffing, leading, and controlling the business. Management involves coordinating human, financial, material, and information resources to realize company goals and operate a business efficiently. Management is also considered one of the most crucial parts of the business. It manages the flow and executive of the business operation and whether the business is going well. The management responsibilities are setting strategic goals and developing policies, overseeing production processes, managing financial data, and managing human resources. For example, Netflix’s organizational chart maintains a decentralized U-form organizational structure that effectively improves its revenue.

It is necessary to set strategic goals and policies to develop a business. It determines the company’s position in the market and is set for future growth. The production department works to solve problems on the production floor. They direct employees on how to handle a dissatisfied client. It also ensures that the company operates with sufficient materials, finds areas for potential growth, and expands into new markets. Managing financial data is the regular analysis of the company’s financial status. It is essential to understand the company’s profitability and identify problem areas. It keeps the company on track and allows the manager to either cut spending or develop ideas for expansion. Sales forecasting and marketing plans are also included.

Human resource functions mean ensuring the company has enough skilled workers to maintain productivity and provide training.  It also ensures workers have the necessary resources to perform at peak efficiency. Oversee regulations and policies to ensure the company operates within legal guidelines and complies with federal, state, and local regulations.

Management team- Business report example for students-business report sample for students

4.1 CEO

Our Chief Executive Officer (CEO) name is Haziem bin Mohamed Hatta. All members choose him as the leader of our company, Wanpaku Sandwich, established in 2020. He is responsible for watching the overall success of our business entity and making top-level managerial decisions. Hazem is the one leading the development of the company’s strategy, creating and implementing the company’s vision and mission, assessing risks to the company, and setting strategic goals. Since our business is small, he takes “hands-on” responsibilities such as hiring and staffing for the company’s operation. As a CEO, he needs to consider and listen to every committee’s opinion in making decisions and be the coordinator that resolves the conflicts and problems among the committee and company.

4.2 Vice CEO

Muhammad Haziq has been appointed as the vice CEO that will be mainly helping the CEO in his work. He has the responsibility to help to make wise decisions with the CEO. As vice CEO, he also needs to help the CEO mostly check the team manager and ensure that everyone is doing their jobs. He can lead the company when the CEO is absent and mediate between the team managers in conflict. In addition, he keeps everything on track, including the operational direction and making corporate decisions. He also advises the CEO so that every step taken is worthwhile and wise-made.

4.3 Secretary

Jenny Hii is appointed as the secretary for this company due to her ability to write and deal with the letter well. She is responsible for writing the proposal and the necessary letter for our company, going through every paperwork and lastly discussing it with the CEO to finalize the needed document. She also makes arrangements for the company’s meetings and keeps all the formal records of our discussions and decisions.

4.4 Financial Team

The responsibilities of a financial manager are accounting and reporting strategic financial management. They also manage the preparation of balance sheets, financial statements, cash-flow reports, day-to-day record keeping, accounts payable, and receivable. Additionally, they ensure that the company is in line with regulations, and financial health, involving keeping track of all transactions and financial events. These records are kept safely to indicate its growth –whether making a profit or a loss. They are also responsible for making and planning our company’s financial report and statement and controlling the cash flow in our company to prevent any extra loss in money. Finally, they need to manage all start-up expenses wisely to ensure the company is working and making a profit.

4.5 Human Resource Team

As a human resources department manager, he is responsible for recruiting the staff with the skills to hold the post and perform the duties and tasks. He needs to be more aware of the employees’ condition and keep improving their skills through motivation or providing training. He also needs to keep the employees’ commitment and loyalty toward the company to achieve higher production. The human resources manager is also responsible for conducting an orientation program to adjust to their jobs and environment faster.

4.6 Marketing Team

The marketing team promotes business and drives sales of products or services. They set a target for the customer group and identify their preferences to ensure the products can catch customers’ interests. In this case, our marketing managers have developed a marketing plan to target a specific group of customers. So that the promotion and reputation of our food production are well-known and well-built. The marketing team plays a major role in connecting customers to our products, business promotions, and developing a new business plan. It is their job to reach out to prospects, customers, investors, community people, and so more.

4.7 Operational Team

An operational team undertakes some ongoing activities that are required for the provision of goods or services. In some circumstances, operational teams can work as project teams also. They are responsible for selling the products or services at the stalls or counters and even any online events together. They manage and carry out the company’s events, projects, and activities together. At the whole UPM, operational team managers is the one that responds to setting up the stalls and selling our food production to the customers at different locations. The service and getting feedback from the customers at the same time.

5.0 Location and Places

We have chosen Seventeenth College as the location of our company, whereby our members will handle cooking and packaging.

We will bring the ingredients from the supermarkets near the Serdang area, such as Tesco, Speedmart, and nearby shops. One of our members will handle this with their transportation. Hence the surveying and purchasing process will be convenient.

We have decided to pack our product at the same place as well. Once the products are ready to be sold, we will divide small groups to deliver the products to the whole UPM coverage area.  The sandwiches will be sold and delivered to the following blocks: Block A, B, C, and D.

6.0 Business Plan Schedule

Business plan schedule

7.0 Purchasing Process

Supplier:

To ensure the satisfaction of our customers, we have discussed among ourselves which supplier is the best to provide us with high-quality raw materials at affordable prices. Thus, we have decided on the following suppliers as our raw material providers: 99 Speedmart and Tesco.

List of materials to be bought:

  1. Raw chicken breast
  2. White bread (Gardenia)
  3. Breading flour (Tepung Bestari)
  4. Eggs, Carrot, Cabbage, and Lettuce.
  5. Sauce (Thousand Island)
  6. Cooking oil
  7. Disposable food packaging

We buy cooking oil and disposable food packaging materials one week before preparing our sandwiches. Then, we immediately prepare the sandwiches and deliver them to our customers to ensure freshness.

7.2 Resources

Each team member will contribute RM20 each (RM20 x 10 = RM200) as a start-up for our business. The money collected will then be used to buy the materials needed for the Wanpaku Sandwich.

8.0 Financial Projection
8.1 Project Implementation Cost

Business Project Implement Cost Table

8.2 List of Expenses

raw material expense for business report

In conclusion, the business report represents a business plan for stakeholders. An ideal company report presents an executive summary of the organization, marketing plan, organizational structure, and financial projection. Sometimes, it contains company rules and regulations to inform others.

Read More
Business Plan Examples For Students About Food
How To Make a Company Profile Sample
Click the Link To See the Full Business Report Example

Lean Canvas Example: Lean Canvas Business Model Example For 2022

Lean Canvas Example: Lean Canvas Business Model Example in 2022. Lean Canvas Model Example. Example of Lean Canvas Business Model.

Lean Canvas Model

The Lean Canvas model refers to a business plan template outlining nine essential elements of the new business. In 2010, Ash Maurya developed the one-page business template and termed it the Lean Canvas Model. The lean canvas model assists entrepreneurship in pre-assume the nine essential critical ideas related to the Business.

Lean Canvas is adapted from Business Model Canvas introduced by Alex Osterwalder in 2005. Therefore, the lean canvas model is also known as the Lean Canvas Business Model.  The alternative names of the Lean Canvas are the Lean Canvas Model, Lean Business Canvas, Lean Business Model, Lean Startup Canvas, and Lean Canvas Online.

Lean Canvas Business Model

Lean canvas business model refers to a one-page business plan template describing nine key idea elements related to the market: problem, solution, unique value proposition, unfair advantage, customer segments, key metrics, channels, cost structure, and revenue structure. However, the additional elements of the lean canvas model are existing alternatives, high-level concepts, and early adopters. It replaces detailed business plans with a concise and single-page business template. 

History of the Lean Business Model

Lean Canvas Business Model is adopted from Business Model Canvas, and Business Model Canvas was adapted from Business Model Ontology. In 2004, Alex Osterwalder introduced Business Model Ontology for digital business. After one year, In 2005, he introduced the Business Model Canvas based on the previous theory “Business Model Ontology.” In 2010, Ash Maurya introduced the Lean Canvas model for entrepreneurship to start a new business with concise information regarding the business, including problem, solution,  target audiences, competitors, and so more.

Lean Canvas Example

The example of the lean canvas has been presented in this article so that students and viewers can understand how to create a lean canvas business model template for new businesses. Sometimes, lecturers provide assignments to students on how to create a lean canvas model template for starting up a new business.

Lean Canvas Example – Word File Download Link

Lean Canvas Business Model Example

Lean Canvas Business Model Example- Lean Canvas Word Template Example
Figure 1: Lean Canvas Example
How to Fill Out a Lean Canvas
Lean Canvas Business Model- Lean Canvas Word Template Example
Figure 2: Example of Lean Canvas business model

Lean Canvas Business Model Example

BambooS- An Eco-Friendly Company in Malaysia

BambooS is an environment-friendly company in Malaysia that produces bamboo straws. Nowadays, restaurants do not provide plastic straws due to polluting the ocean extremely. So, the BambooS has come up with straw made of Bamboo. These products are cheap, portable, reusable, and decomposable. The government of many countries, including Malaysia, has given directives to reduce the use of plastic. Therefore, many restaurants, including McDonald’s, KFC, PizzaHut, and Nando’s, do not provide plastic straws. It is challenging to drink juice without a straw; hence BambooS has started to sell portable and reuseable bamboo straws.

It is an example of a Lean Canvas template filled out by BambooS, an eco-friendly company in Malaysia. The student at University Putra Malaysia students completes these lean startups for assignment purposes. However, entrepreneurship also follows the same instructions to complete the lean canvas template. Hopefully, it will assist employees in obtaining ideas on how to fill out a lean canvas.

Lean Canvas Business Model Example- Lean Canvas Word Template Example
Lean Canvas Business Model Example

The Lean Canvas example will help students and employees to know how to fill the lean canvas word template. The author has attached a blank and filled lean canvas word template for entrepreneurship. It will definitely assist the new businessmen to start new businesses wisely.

Elements of Lean Canvas

The 9 Elements of the Lean Canvas Business Model are:
  1. Problem
  2. Solution
  3. Unique Value Proposition
  4. Unfair Advantage
  5. Customer Segments
  6. Key Metrics
  7. Channels
  8. Cost Structure
  9. Revenue Structure
1. Problem

Firstly, as an entrepreneur, you have to identify existing problems that you want to solve with the new products and services. It is crucial to find out at least three essential problems that your product and service will completely solve. Therefore, the entrepreneur needs to list down three problems under the problem section in the lean canvas.

For example, according to BambooS’ lean canvas, the three problems are environmental pollution, one-time use, and restaurants do not provide plastic straws now. So, BambooS is a new company that has outlined these three problems.

2. Solution

The solution is the goal of your business. So, you have to outline the solution to the problems mentioned in the problem section. The solutions have to be concise, significant, and capable enough to resolve the problems.

For example, according to figure 3, the three solutions are eco-friendly products, reusable and portable. These three proposed solutions are sufficient to resolve the problems.

3. Unique Value Proposition

A unique value proportion refers to a commitment of value that the product or service will definitely provide. It is the fundamental reason for what the customer will buy the products or services. So, you have to differentiate your product or services from others to grab customers’ attention. The unique value proposition also represents the company tagline, somewhat relevant to the mission and vision.

For example, the unique value proposition of the BambooS products is bamboo straws- reusable and eco-friendly products, customized products- of different sizes and made of natural material. The tagline is Grab me with zero pollution to save the planet.

4. Unfair Advantage

Unfair advantage denotes something of the company that competitors will not be able to replicate. The exceptional quality of the product or services makes the company distinguished. However, it would help if you had to remember that your unfair advantages are sustainable. 

For example, BambooS company’s unfair advantages are the new eco-friendly product, unique packaging with a jute pouch bag, and engraved service. These unfair advantages are sustainable and exceptional that no company offers now in Malaysia. 

5. Customer Segments

The problems and customer segments are interconnected issues; because the customers create problems. So, the problem can not endure without customers.  Additionally, customers are the consumer of your products and services. Therefore, you have to analyze your target customer before identifying the problems. Additionally, you have to keep in mind some issues related to the customers, such as where your customer lives, the economic conditions, the demographic factors, and so more. Customer segmentation is also known as geographics, psychographics, and demographics in marketing.

For example, the BambooS authority has chosen the University Putra Malaysia to target audiences. Additionally, they have included Cafe and Restaurant at UPM, Facebook and Instagram Users, and eCommerce Marketplaces (Lazada & Shopee Users) in the customer segment section. 

6. Key Metrics

Key metric refers to the factors that the company owner measure to run the business properly. The key metric drives the performance of the business, so the owner must need focus on these factors to keep the record. Actually, key metrics are the statistical data related to market share, consumers, number of new users, revenue per customer, and so more. For example, how many followers of the social media pages and the monthly sales revenue. Sometimes, management invests in marketing based on the key metrics data. Every company invests to get

For example, the three key metrics of the BambooS company are active community growth rate at UPM and bamboo straw users, Social media page followers and monthly selling rate, and customer positive feedback vs. sales revenue. These data will definitely help the authority to adopt a strategic marketing policy to increase sales revenue. If the company can sell the product properly on social media platforms compared to offline sales, they definitely focus on increasing followers on social media pages to earn more. 

7. Channels

Channels are the media in which management reaches the customers. The channel plays an essential media in conducting a marketing campaign.  Many types of channels or media allow you to reach customers as well as regulate campaigns. The two most important types of communication channels are offline and online channels. The offline channels are face-to-face marketing, placard, banner, festoon, newspapers, TV, and radio.

On the other hand, online media are social media platforms, e-commerce sites, and website traffic. Usually, the market analyzer researches the customer’s background to decide which channels they want to use to conduct a marketing campaign. Nowadays, most companies utilize e-commerce and social media channels to conduct digital marketing. The covid-19 pandemic has changed people’s lifestyles, business patterns, and education procedures. Many organizations use online webinars to conduct organizational meetings and regulate business properly.

For example, the BambooS’ authority has chosen Facebook, Instagram, LinkedIn, company’s official website, Lazada, Shopee, and  Word-of-mouth marketing- WOM for the UPM community.  

8. Cost Structure

Cost structure refers to the costs of launching a new business, for example, equipment acquisition costs, marketing costs, operational costs, and website domain and hosting costs. According to a statistic report, around 90 percent of new companies fail to operate due to not considering the total cost of starting and driving the business. Therefore, the owner needs to launch a new business after arranging the full payment.

For example, the BambooS’ authority outlines the sectors where they have to initially invest money to launch the business. The list is following:

  • Purchasing Bamboo, Pouches, Coconut fiber cleaning brush, and Paper box.
  • Delivery fee.
  • 3D Printing service cost.
  • Website design and online Paid-advertising.
9. Revenue Structure

Revenue is the key performance indicator of a company. The factors of the company’s performance and the revenue has a positive relationship that influences each other. Revenue structure is also known as a revenue stream. You have to assess and set the price of the product before releasing it to the market. Many companies make the mistake of setting a meager price when launching the product in the market.

The minimum price may bring an adverse impact on business. It damages the future probabilities of your business. Firstly, you might lose a customer when increasing your product price later. The price module must be tested several times through multiple ways to catch the market by the products. The revenue structure depends on the type of business, whether you want to sell products or services. It also depends on whether the company is online platforms based or physical market-based.

For example, BambooS includes the factors to the revenue model, such as physical product selling, launching price is not so much low or high, and online selling price lower than direct selling.

Difference Between Lean Canvas and Business Model Canvas

Lean Canvas Business Model- Lean Canvas Word Template Example

Firstly, Ash Maurya developed the Lean Canvas Model in 2010, whereas Alex Osterwalder introduced the Business Model canvas in 2005.

Secondly, the nine basic elements of the lean canvas model are the problem, solution, unique value proposition, unfair advantage, customer segments, key metrics, channels, cost structure, and revenue structure. On the other hand, the nine fundamental elements of the Business model canvas are customer segments, value propositions, channels, customer relationships, revenue streams, key resources, key activities, key partnerships, and cost structure.

Additionally, the Lean canvas model is suitable for new entrepreneurs who want to start a new business and startup. In contrast, Business Model Canvas is suitable for an existing business.

Usually, entrepreneurs, founders, and investors of the company apply the lean canvas model. However, the senior manager, marketing manager, and operation manager utilize the business model canvas to yield positive outcomes from the business.

Moreover, applying lean canvas aims to identify the problem and solution to fit new entrants. On the other hand, using the Business model canvas understands the existing market and identifies opportunities.

Furthermore, the basis of the lean canvas model indicates testing ideas, assessing the assumption, and focusing on the value proposition. In contrast, the basis of the Business model canvas shows advanced and progressive innovation.

Lean Canvas Versus Business Model Canvas Example

Lean Canvas Business Model, Lean Canvas Word Template & Example

Lean Canvas Business Model Example For Google

A sample of a lean model canvas of Google has been presented here to better understand how to fill out the template.

Lean Canvas Business Model, Lean Canvas Word Template & Example

Lean Canvas Business Model Example For YouTube

Lean Canvas Business Model, Lean Canvas Word Template & Example