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It’s time to review (or create) your document retention policy

BMT Office Administration

Worried that your company might not have a particular document on hand if the IRS conducted an audit? They create a document retention policy that clarifies what needs to be saved, where, and for how long. Courts and government agencies frown upon individual employees selectively keeping or tossing important documents.

Policies 105
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The Expanding High Skill Gig Economy

Small Business Labs

Key quote: "Three-quarters of law firms with more than 250 lawyers use contract attorneys, says a 2016 report from legal consultancy Altman Weil."   Nomad Health  is another example. " The article chart below also illustrates this growth. You can even hire lawyers online for fixed fees.

Skills 160
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Stay organized and secure with electronic records management

BMT Office Administration

He put Laura in charge of going through a bunch of drawers with instructions to make folders to organize papers of current worth, box up other documents that somebody might need down the line, and toss insignificant and old material. Many serve as supporting evidence when the company files taxes or gives reports to other federal agencies.

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Standard Operating Procedures: Tips for Creating Business Systems | Office Organization & Office Efficiency | OfficeArrow

www.officearrow.com

Plus, well-documented business systems are a useful tool for training someone new or for meeting regulatory compliance. How will you document your procedures and what resources or tools are you going to use? Developing a Business System Strategy Its important to begin by determining what your business system will look like.