How To Create a Precise Statement?
A statement is a written report of a business financial or other relevant data. Some examples are the annual report, account statement, financial statement, income statement, capability statement, method statement, and billing statement. They are seldom distributed in irregular periods to define a significant development in the company. Statements are vital to every business for they converge on the business prospect, mold marketing approaches, and development.
According to Fundera, 27% of entrepreneurs unable to obtain sufficient funds to operate their business, and 14% failed because of poor marketing management in 2015. Dodge this fortune by following a few easy steps below.
1. Distinguish The Purpose
Before you start writing, you might want to consider to understand what is the purpose of the statement, if it's for your bank, income, personal, resume, or anything else. To help you identify your goal efficiently, use the Socratic Method, or ask yourself, what particular events or actions for which this statement will be utilized?
It is essential to know your purpose because you'll get other fundamental information such as your recipients, the processes needed, content, and others from it.
2. Seek For Content
As soon as you're done establishing the purpose of your statement, create an outline of data that you should input. For instance, if you're writing a financial statement. You need to analyze its assets, comprehensive income, equity, gains, expenses, and a lot more.
By doing this step, it can't only smoothen your processes, but also it conveys you an additional concept to recognize your objectives more often.
3. Establish a Draft
Now that you have the exact details to be inputted, it's the time to establish a rough draft of your statement. You will be testing your analytical skills at this moment. Figure out how you will insert all of the details that you've gathered.
Don’t forget to determine your audience when writing it. No need for you to worry if it's messy or not so good, consider that it's just a draft.
4. Revise And Make It Concise
Also, polish your output and make it perfect. Search for errors, remove unnecessary details, and develop your statement. Don't forget to avoid making your statement too long and complicated.
It is great when you utilize its ideal length, which is one and a half page that composes of 500 - 600 words. But before applying this set-up, try to gather more information from credible and distinct sources.
5. Proofread and Ask Some Assistance
When you have revised your output, seek to proofread it more than once, and search for misspelled words and grammatical errors once again. You're doing this step to ensure that your audience will be impressed, and also, to search for development.
Also, when you proofread, your audience will know that you care about your statement. As much as possible, ask for someone to read your statement, and it's best when he's an editor, author, publisher, or anyone that's higher than you.