How to complete the backup procedure

@ support
I have followed the suggested guidelines in the user guide for backing up my room library folder. However the instructions are not complete regarding where to store the backed up library folder.
Can I simply bookmark it and drag it to my iMac desktop?
Can I simply drab it get to an external hard drive.?
Any help would be appreciated

Yes, you would just copy that backup folder to any location of your choice. I keep a copy on my network file server, or, a spare USB key.

Are you still on 1.2? If you are on verion 1.3, then I would use the new backup feature and not worry about the file copy methodology.