Small business purchasing procedures are the official business guidelines that govern the purchasing of goods and services by small businesses. These procedures provide guidance on the best practices for small businesses when it comes to purchasing goods and services. They outline the necessary steps that must be taken to ensure that all purchases are made in a timely, cost-effective, and ethical manner. These procedures also provide guidance on the types of goods and services that can be purchased, the types of vendors that can be used, and the proper methods of payment. Small business purchasing procedures also provide guidance on the proper documentation that must be kept for all purchases, including invoices, receipts, and contracts. By following these procedures, small businesses can ensure that their purchases are made in the most efficient and cost-effective manner possible.