You may already be familiar with this one.

Purchase Order: A document that states you have the intent to purchase a good or service and the specifics of the goods requested to be made. As a result the manufacturer or the service can go ahead and begin making your order. It can be legally binding to pay once you place it unless a manufacturer fails to provide you with the requested goods.

In a sentence: “Hey, did you remember to place that PO for the bicycles?”

Published by: KC Holiday

Husband, Father, and Entrepreneur who founded QALO in 2013 and has a passion for using his own learnings and experiences to help others. I love building brands and helping the entrepreneurs behind them become leaders. Thanks for stopping by, never hesitate with any questions.

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