One of the more difficult questions we typically do not want to think about is: How well is our company protected in the event of a natural disaster? If one did occur, it could cost your company a huge amount of money, and possibly the future of your business!
It is estimated that, in the event of a disaster:
* 29% of companies close within two years
* 40% of companies will go out of business within five years
* 43% of companies never reopen
A disaster can make a paper trail extremely difficult to recreate, which is why it is necessary to take the preventive steps to assure the safety of your business information.
Some companies do not store their documents in a safe place, which could cause them to lose irreplaceable records. Do not rely on your paper documents alone to keep your business running!
It is easy to prevent huge losses of valuable information. The best way is to store original documents in an online repository for easy, secure and wide access. You can also store documents to a disc, with a copy kept at an offsite location. The advantage of having an archived copy of all your documents is that you can retrieve your documents immediately as needed.
This archiving process is fully compliant with government regulations for having an off-site ‘disaster’ recovery copy of information. For more details please refer to your state’s individual website for regulations.