Why your small business needs a data recovery plan
- 1. Why Your Small Business Needs a Data Recovery Planin PlaceMost small business owners would agree that despite the hardwork and responsibility, the rewards of developing, growing andmanaging your own company makes it worthwhile; and with acount of around 30 million employing half of the population theyare a vital part of the American economy.Using the Small Business Association’s statistics, around 60%are owned and operated by one person, with the rest having upto 500 employees.Common GroundAlthough running a business alone involves different challengesand rewards to the owner-manager who employs any number ofstaff, they do share some common ground.All small business owners need to attract trade, make a profit,cover expenses and pay taxes.
- 2. Those who work alone may experience stress when trying doeverything from sales and marketing to accounting andhousekeeping themselves, especially in the early days or slowtimes when profit margins are negligible.While owner-employers carry the responsibility of managing andpaying staff who do those same tasks.The Growth of Data StorageIf there is one aspect of small business life which has changedthe face of the industry it is the need to be digitally active. Longgone are the old filing systems and telephone contact books.Modern business tends to rely instead on databases, emailsand online marketing.It is pretty standard these days for a small business to havesome form of online presence, in the form of a blog, store, andlikely, a social media presence.
- 3. The Digital RiskImagine then, the impact on a small business if access to storeddigital data was lost. Unfortunately this is a situation many smallbusiness owners face due to human error, machine failure, andnatural disaster.However, the most likely cause of data loss is a targeted cyberattack.It may be surprising to hear that the majority of cyber terroriststarget small businesses in particular, with ransom demands,phishing scams, theft of sensitive data or an easier route intoconnected systems being the most cited explanations.The results can be devastating, as despite insurance, the loss ofclient confidence, immediate cash-flow or reputation can becrippling; and around half of all targets will fold within thefollowing six months as a result.
- 4. Protect Your BusinessConsidering the potential risks, no small business should bewithout a solid data recovery plan.You cannot prevent natural disasters, and even the bestemployees make mistakes. Technology can break down,systems can fail, and even strong cyber security can beinfiltrated.For easy access, make investing in a comprehensive databackup and recovery plan a priority. Options which includeremote Raid recovery provide 24/7 peace of mind.As a small business owner, the responsibility to protect yourself,employees and clients is paramount.Losing data is likely to lead to loss of revenue and in the worstcase scenario threaten the future of your business; situationswhich can be avoided or at least contained with a good recoveryback up plan in place.Special Offer:
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