Paperwork and Record-Keeping
» Paperwork and Record-Keeping, Volume 3, Issue 5, 2003
3c. How long do you keep those records before getting rid of them?
Response | ||||
---|---|---|---|---|
1 | 2 years or less | 2 | ||
2 | 3 - 6 years | 18 | ||
3 | 7 years or more | 38 | ||
4 | Indefinitely | 36 | ||
5 | Other, depends, periodically toss, etc. | 3 | ||
6 | DK/Refuse | 3 | ||
Total (%) | 100 | |||
N | 384 |
Notes: Twenty (20) percent of small, employing businesses retain their financial records six years or less (Q#3c).