When you have a small to medium business and you’re in charge of operating it, as well as keeping profits at a stable level, it can be rather challenging to manage field service . However, one of the largest challenges you may be faced with is when you have to prepare financial reports regarding sales and profits.
The world has become so competitive and as a result, sales report templates are used to develop and keep track of sales statistics and consequently, company profits. Entrepreneurs feel that time is money and there is no sense in trying to reinvent the wheel, when there are already a variety of sales reporting templates available to you over the web.
The below templates will assist you in preparing and recording sales reports easily. Monthly management report templates are also very popular and can also be downloaded and used for your business.
Sales report template for weekly reports for download
This weekly sales report template that is available for download is one of our favourites. It is based on Microsoft Excel, so it is easy to edit, especially having so many numbers on the report. You can easily analyse how well your company is doing as well as what improvements it may require over time, or on a week-on-week basis. These weekly reports are designed to help you study business trends and monitor them so that you know how well your profit margins are doing. Get your staff to help you prepare weekly reports so that you have a quick snapshot into what works and what doesn’t.
Sales report template for daily analysis
When measuring success, some people find it rather efficient to have sales reports that are editable and easily printable. These can help with making sure you, as a business owner or sales manager, have a grip on the changing trends on a daily basis. For example, perhaps sales are the highest on Wednesdays and the lowest on Fridays. It is important to analyse this so that you can present new ideas to management as well as sales reps on the way forward. Use software that is already available to help pull these reports and make the right business decisions, every day.
Monthly editable sales reports to help track and compare easily
These type of field sales reports are generated on a monthly basis and show your sales trends rather quickly and easily. The reports are used by professionals as well as stakeholders to help understand the process of distribution and sales. These types of reports can be generated via templates, to save time, although it is worth noting that they will take time to generate, as you are pulling data worth thirty days. Remember to have these types of reports quality checked by someone else prior to presenting, as it is a large amount of data to pull through.
Annual sales reports on Microsoft Word
Everyone needs to have an annual sales report done. This is usually very useful for business enterprises that are heavily involved in specific products or services to customers. These reports should be done on a generic report that is easily editable, which is why we suggest Microsoft Word. This also has to be presented to the heads of department and executive teams, so ensure that the key information is expressed well, with validity in all the details.
Why should you use different templates for different types of reports?
The above sales report examples are based on the fact that they are easy for everyone to differentiate. They are also designed for what you want to show quickly and concisely. For example, a daily sales report should show a sales rep or manager what happened yesterday, very quickly, whereas an annual report requires a much more involved analysis. Remember that for all reports, you want to be able to have a snapshot to quickly tell what to change and what to keep doing in order to constantly increase your profits. If you use sales reports templates that are properly designed, you will be able to use separate spaces to speak about particular issues. This will allow others in the team to take note of such elements and keep them top of mind. Try to pre-plan formulas as well, so the daily, monthly and annual reports are easy to edit.
Sales reports that are planned out and templates should be used by any company, so that you as a manager, can easily monitor sales performance across the board, without spending a dime from your profits. There are a series on ready-made templates that are available in different versions, across programmes like Microsoft Excel and Microsoft Word. Give these sales reports a try and look forward to receiving quality field sales data, analyzing it and adjusting your business and sales strategies accordingly.