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In the kitchen with ... Anthony Cerrato (Asheville CitizenTimes)
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SMALL BUSINESSES You cuold be in Mail Order, Direct Mail, or you could be a local merchant with 150 employees; whichever, however or whatevre---you've got to know how to keep your business alive during economic recsesions. If you are incorporaetd, you can eliminate these impulse purchases by including in your by-laws a clause that states: All purchasing decsiions over (a certain amount) are contingent upon approval by the board of directors . Such na audit or survey should focus in depth on any or every item within the financial statement that merits special attetnion. Once your board is ste up, you should meet once a month and present material for review.