Storage units and warehouses are big business as many people are increasingly unwilling to get rid of anything. This is especially true with many businesses that are confused by record retention requirements for a variety of records. Some income tax and business tax forms are required to be kept for seven years and some personnel files may need to be kept forever. What does a business do with all of these records?
If any documentation produced by a company is not covered under a state or federal law, the company should have its own policy in regards to how long the records may be useful and specific information in the policy as to when the records are to be destroyed. In many cases, this will create a space problem for many businesses and they are uncomfortable about putting boxes of important documents in their basement or garage. A basement or garage is not the best place to store these documents anyway and certainly not the safest choice that can be made.
For those businesses without electronic storage of their documentations, they will probably need to find a place in which all the important papers can be maintained safely and securely. Storage warehouses can...