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Board reports are an essential part of an organization’s governance. As a governing entity, the board’s mission is to provide advice and oversight, and to ensure that all aspects of the company are moving in the right direction. A well-crafted document is a perfect way to prove this.

Board members are responsible for a variety of tasks, and the hours they’ve scheduled for board meetings are precious. It’s essential to make the most of their time and deliver an easy-to-read, concise report.

The report to the board should start by presenting any important metrics relevant to the company’s goals and objectives. They could be financial metrics such as growth or profits, but also more specific information like new user sign-ups or hiring rates. All of these must be presented within the context of the plan to give your board valuable insight into the performance of your business.

Then, you can discuss any planned projects or changes that will require the board’s approval or financial backing. This is a great way to get your board thinking about the future. Be sure to give an overview of the situation and the next steps, and make sure you are clear about any risks or challenges that might arise.