You don't even need to backup your Win 10 install. Your decision to take advantage of Microsoft's free upgrade offer on a particular system is stored in Microsoft's activation servers. Once you do the Win 10 update, even if you roll it back to Win 7, you should be able to revert it back to Win 10 for free any time in the future.
http://www.zdnet.com/article/how-to-lock-in-your-free-windows-10-upgrade-and-keep-using-your-old-windows-version/