One of the first problems you are likely to encounter as a business owner will be the large amount of documentation and written / printed communication that starts to pile up around your office.
Even if you stick all your paperwork into folders, you’re only delaying dealing with the problem. The paperwork will mount up over the years and you will eventually have to go through it all again to determine the important stuff that you need to keep permanently.
It’s far more sensible to get on top of your paperwork from day one. Your best bet bet is to invest in a printer / scanner combo and create an electronic copy of all the paperwork you need and throw away the junk (but remember, you might be legally bound to keep the original documents in certain situations!).
Once you have electronic copies of your business paperwork, you’ll want to keep them as safe as possible. Storing them online is your safest bet, as this will ensure that your precious documents are safe even in extreme situations like fire or computer theft.