An effective communication is extremely vital for any business. An organization must be able to communicate the business policies to the employees and the customers as well. The proper communication in the business is necessary for the easy growth of the business. The reputation, productivity and the revenues of the company can be increased upto greater extent. The lack of proper communication can lead to issues related to relationships and operations. An exemplary business communication is formed of various methods such as the business proposals, the internal communication, the business reports and others. The business reports are a type of assignment which analyses a particular situation and applies the theories and a range of suggestions to resolve an issue or improve the condition. The business reports help to apply the business and management theories in a practical situation. It helps to demonstrate the reasoning, the analytical and evaluation skills. The conclusions can be reached and recommendations can be provided for the future actions. A business report has to come up with multiple solutions on a particular issue with their costs and benefits to the firm. The audience of the report has to be considered and the language is simple and easily understandable. There are several types of business report such as field report, financial report, marketing report, technical report and others. An exemplary business communication is characterized with clarity, consistency, proper structure and others.