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).
