Every small business owner knows the importance of their business data. What many don’t realize is that while the chances of a major disaster are quite remote, the majority of data loss is the result of small localized problems.
Could your business weather a major equipment failure caused by a tree falling through the roof, a lightning strike, or even theft?
A failure to consider this topic can result in the end of your business. Studies have found that a small business that encounters a significant data loss event has a significantly higher likelihood of failing as a result of the disruption.
This isn’t rocket science – most businesses rely on their accounting data, customer relationship management (CRM), inventory controls, line of business (LOB) applications, point of sale (POS) systems, etc. to manage their day to day affairs. Losing access to that vital data for any length of time poses a significant challenge to a small business. Losing the data altogether almost certainly means the end of your business.
Additionally, few businesses consider the impact of a significant loss of power, phone service, or even physical access to their place of business. Even in cases where your office is not physically impacted by the event, your ability to work can be completely disrupted by the widespread impact of a natural disaster.
Many discovered this in the wake of hurricane Sandy in the eastern US in late 2012. Hundreds of billions of dollars have been lost as a result, with much of that coming from lost revenue to businesses in the affected areas.
Lighthouse will work with you to create a plan that keeps you’re your business up and running. More than that, Business Continuity Planning can help you keep your business afloat when a disaster strikes.
According to the US Bureau of Labor, 93 percent of companies that suffer a significant data loss are out of business within five years.
Lighthouse combines planning, prevention, and protection to make sure your business thrives no matter what comes your way. Let us help you protect your company against the disasters that can literally put you out of business. Don’t be a statistic.