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Organizing and writing reports for business can take up a lot of valuable time and money yet, they are a necessary evil used to explain and or justify expenses, events, and accidents, propose policy changes, and document numerous other activities within a company. Reports can point out problems and offer solutions. They can be used to explain costs or to receive an increase in budget.In addition, when written as a proposal, they can generate new projects and income for a company by bringing in business from another.