BizSugar.com › Legal › How One File Can Protect Your Business From Anything

It doesn’t have the most polite name, but a CYA file will cover your you-know-what in case of a problem related to your business venture. You never know what you’ll face — a financial inconsistency, a legal dispute, etc. — so you should keep backup copies of all of your important papers in the same place. And you should definitely call it your CYA file.