Having a good filing system is VERY important! So setting it up in a way that works for you (and in some cases, others) is crucial to success. I am going to share with you what I found is the key for me and many of my clients.
It comes down to space and naming. First do you have a good filing cabinet? Do you have a filing cabinet big enough to hold the amount of files you have? The other thing is setting up a filing system that makes sense and is easy to follow. There are many set ups like alphabetical, numerical, main files with sub folders, just to name a few. The ONE thing I feel strong about in all of those cases is:
Name your files with titles that you will remember (and if it’s in a group or team, name your files that all of your team will remember).
You want to make it as simple as possible. You want to be able to find that file in your sleep. And you want the file name or section to make sense and lead you to what you are looking for. Don’t be afraid to keep it REALLY simple. If it’s a Tax File, then name it Tax Files. Then put ALL tax files in that file.You want to be able to find that file you need at a moments notice. It’s worked for me for years.