Business reports provide objective information to help with decision making and problem solving. They should be brief, understandable, accurate, precise, and logically structured. There are different types of business reports such as progress reports, periodic reports, and justification reports. When writing a business report, one should determine the scope, consider the audience, gather and analyze information, determine the key findings, organize the report, and structure it with an introduction, body, and conclusion. The report writing process involves planning, collecting and analyzing data, organizing information, structuring the report, and editing drafts.