Importance Of Off Site File Storage

In today's economy it is almost certain that a business

, whether it be a small mom and pop shop or a national corporation, has some kind of internet presence. In addition to advertising online, most businesses today, due to convenience and the abilitiy to consolidate physical space, store their most vital and irreplaceable business records electronically.

What some small business owners do not realize is that they face a very real crisis, one in which many people do not even consider- the fact that natural disaster whether it be one created by "mother nature" or one created by user error. Once a disaster has taken place, there is no turning back, whatever damage that has taken place is now on the business owner and depending on the extent could have irreversible consequences. Although there is much debate in regards to statistics relating to the number of business's that fold due to natural disasters, there are also other alarming figures to look at that are more difficult to deny.

Reported by The University of North Carolina's Information Technology Research...

A hard drive crashes every 15 seconds

2,000 laptops are stolen or lost everyday

32% of data loss is caused by human error

31% of PC users have lost all of their PC files to events beyond their control

25% of lost data is due to the failure of a portable drive

44% of data loss due to mechanical failures

15% or more of laptops are stolen or experience hard drive failure

1 in 5 computers suffer a fatal hard drive crash in their lifetime

40% of Small and Medium Sized Businesses do not back up their data at all

60% of all data is held on PC desktops and laptops

(Professor David, Smith M., PhD, of Pepperdine Universities School of Business and Management)

Although there is much debate surrounding the statistical figures in relation to the number of businesses that go under after a natural disaster, the fact of the matter is that it is important to backup all financial data in an off-site facility. There are several companies that offer services like this but the most convenient out of the group are the virtual accountant service providers. One that stands out is www.virtualaccountingonline.com which offers a flat rate for a Bookkeeper/Accountant and secure online data backup of all company financials. Whatever path you choose to backup your vital financial information, make sure it includes "off-site backup."

by: Nicholas De Luca

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