When things go wrong, it’s useful to have backup. There are lots of ways in which you can back up your business. Here are a few prime examples.
Your company data is very important. Loss of data could result in loss of important information that is key to running your business. Loss of important customer information could even get you into legal trouble in some industries.
Data should always be backed up somewhere so that if your main source of storage fails you can still access all your data. Most small companies store all their data on a hard drive or local server and then back it up on the cloud. The cloud tends to be a good source of backup because you can access it from anywhere in the event of a disaster – if there’s a fire and your office burns down, you can still access all your data because it’s stored remotely on a server far away.
Although rare, cloud servers can also encounter problems. For ultimate data security, it could be worth backing up your data on multiple cloud servers. Backing up data is important for security purposes as well as guarding against disasters like fires and natural disasters. To improve your cybersecurity, it could be worth trying these Essential 8 tasks. This will ensure that your company is secure as possible.
Power cuts can often be out of our control. Without power, you won’t be able to use any machinery and likely won’t be able to do much work. Certain machinery could even pose major risks if it is turned off such as food refrigerators in restaurants or air purification systems in factories.
This is why it’s worth having a backup power source. Uninterruptible power supplies can help to provide power for a few minutes to a few hours in the event of a power outage by helping to keep a reserve of electricity. Another option could be to invest in a backup generator – this is likely to last a lot longer in the event of a power cut. This could be a solar generator or a diesel generator.
It’s also worth having access to some backup funds. These funds could help you to cover emergency costs, preventing you from having to take out debts. Such emergency costs could include repairs, lawsuits or funding during periods of forced non-operation (such as the recent lockdown).
Consider setting up a business savings account that you can contribute money into. This money should only be accessed in the event of emergencies – don’t dip into it for non-emergency expenses. You can still keep separate savings accounts for other goals.
What happens if an important staff member is ill? Are you able to cover their most important duties?
Having a strong team of staff will allow you to cope with absences. It’s worth taking backup precautions to protect your business if an important staff member isn’t able to work. For example, if you run a restaurant, you can’t just have one chef – you need at least a couple chefs so that you can keep the kitchen open if one is not able to work. It could be worth cross-training your staff with some of the basics. If you have a team of employees, it could also be worth training up an assistant manager to take over the reins when you are absent.