For 7-10 yards of fabric, I store it as is until I need it for a quilt. At that time, assuming I need to cut pieces for a quilt top, I will cut off 1 yard and work with that smaller piece. If I know I will need only 1/2 yard, I will cut off that much. If I am going to use the fabric for a border and want to cut the borders on the lengthwise grain, I will cut off as much as is needed for the longest border and work with that piece.
I find it too difficult to cut strips and pieces from 7 yds of fabric. Maybe if I had a much bigger table that could support all that bulk.........
Edit: Oh, and I should add that I pin a note to the fabric that tells me how many yards are in it. If I cut off a yard to use in a quilt, I update the note pinned to the remaining yardage. This saves me from having to wrestle with the yardage to figure out how much of it I have.
Last edited by Prism99; 01-23-2013 at 10:18 AM.