The Dangers of Not Having a Disaster Recovery Plan: Our Guide
The ability to brush up on contingencies and be prepared for any situation throughout the management process is a critical asset that many businesses should practice. However, not many of them actually get to put it into play.
In our daily lives, preparation is an essential part of any routine that comes in different forms, such as getting a home or health insurance and saving up for your child's college fund. You may not realize it now, but the level of preparedness that we put into our daily lives is the exact same kind of dedication that should go to future-proofing our businesses.
Unfortunately, the idea of preparing one’s business for possible risks is the last thing on many people's minds.
While the average optimist may think that nothing could go wrong when it comes to running a company, the truth is that there is only room for rational thinking and realism. Whether you own a food stall, fin-tech start-up, or manufacturing company, it’s best to understand that your business will always be susceptible to unexpected events that can put it in turmoil.
With today’s digital age in full swing, the need for adequate preparation is more present than ever because anything can happen to an online business. From intensive cyber attacks to server downtimes, the number of different hurdles that can put any firm today at risk is nearly endless, which is why it pays to have contingencies.
Fortunately, there’s one solution that can be used to circumvent the digital risks of running a business today: A disaster recovery plan.
What happens when you don’t have a disaster recovery plan?
Although the idea of experiencing a disaster with your business’s data and its long-term effects is something that you wouldn’t want to imagine, it’s still a possibility if you don’t come with a solid plan. You may not realize it now, but your business can be at risk of experiencing the following problems if you aren’t backing your efforts up with contingency measures:
1. Missing out on a data disaster recovery plan will leave you prone to interruptions
Often, the slowdowns and downtimes that are experienced by applications and industries are heavily linked to the lack of contingency in terms of data restoration, leading to copious losses and more issues.
As your business continues to climb up the food chain and earn a bigger market share, you’ll quickly realize that every moment spent not working leads to lost income and productivity. The same problem applies when your business experiences a bout of forced downtime that’s linked to data loss. This is because operations will need to stop until all the necessary information is brought back into the cycle!
2. A full-scale loss of data, clients, and profit
You shouldn’t be complacent in protecting your business from the risk of data loss with the help of a recovery plan because the repercussions can lead to more losses than you can handle.
Although experiencing downtime or having a cyberattack may seem like a menial instance because things can easily go back to normal, the truth is that it’s quite rare to see things go back to the way they were. With the help of Bracer’s business continuity services, you can avoid completely losing years of valuable data, inadvertently disgruntling customers, and missing out on profit opportunities!
Conclusion
Although being prepared or rolling out the necessary contingencies is a valuable practice that applies to all parts of a business, it is especially valuable in the case of your business’s data. Through a well-built disaster recovery plan in place, you can help ensure that no problems end up disrupting your plans along the path towards continued growth!
We provide quality managed IT services in Alberta for small and medium businesses all over the country. Get in touch with us today to learn more about how we can best serve your needs!