If creating or updating your business’ document retention policy (DRP) isn’t at the top of your list, our simple, step-by-step guide from the NFIB Small Business Legal Center can help you complete the necessary steps – so you can get back to the best parts of running your business and rest assured this fundamental administrative work is complete.

To be prepared if your business is audited or inspected by the government, and to make sure your business is compliant with federal and state laws, it’s essential to know:

• what documents you need to keep, and
• how long to keep them.

The NFIB Small Business Legal Center’s Guide to Developing a DRP: Creating Your Document Retention Policy will explain what a document retention policy is, why you need one, and the steps to creating one.