Small Business

Shop vs Shoppe

Shop vs Shoppe
There is no particular difference in the definition of the word ‘shop’ and ‘shoppe’. However, it does have a slight difference in usage. While, shops are used to refer to any place that offers a customized...

Sale vs Bailment

Sale vs Bailment
Sale and Bailment are two different types of contracts. A contract of sale is a straight forward contract where a person may buy goods, services or property from a seller in exchange for remuneration, usually...

Sales vs Revenue

Sales vs Revenue
Sales and Revenue are two terms that every company comes across when dealing with their financials. The term ‘sales’ refers to the actually selling of the products. Hence, ‘sales’ is the income that the...

Purchase Order vs Invoice

Purchase Order vs Invoice
A purchase order is issued by the buyer to the seller indicating the type of products purchased, quantity of the product, the price and the total amount the buyer is willing to pay the seller. A purchase order...

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