Bookkeeping

Why confusing invoices with statements of account will mean trouble for your business

Why confusing invoices with statements of account will mean trouble for your business

This week I want to talk about one of the most common bookkeeping mistakes we come across at Ozlop and how to tackle it: confusing statement of accounts with invoicing. The challenge is that some people wrongly believe that an ‘invoice’ and a ‘statement of account’ are the same thing, when the reality is that …

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When your small business is quiet what should you do?

Every small business has its quiet spell, it’s what you do with it that matters

There are many reasons why businesses have quiet periods, especially if its market is cyclical by its nature. But if you are concerned that a quiet spell is turning into a chronic problem then you may need to make some changes to revive its fortunes. Many business owners come to Ozlop when things are quiet …

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