Did you know that the U.S. Department of Labour estimates over 40% of businesses never reopen following a disaster and of the remaining companies, at least 25% will close within 2 years? While these are American statistics, I’m sure that the Canadian ones are similar.
One of the more frequent “disasters” that I’ve seen in small business is data loss. This often happens when the business computer becomes infected by a virus or worm or if the computer’s hard drive fails. The easiest way to protect your business from data loss is doing regular back ups of your computer’s hard drive. Backing up the data to an external hard drive on a regular basis (at least at the end of every business day) is an inexpensive way to ensure that you can access your data and continue business operations should your main computer crash. However, if your office was destroyed by fire you would also lose your external hard drive. I suggest to many of my clients to consider an “off-site” data storage solution. There are many inexpensive, secure online backup and data recovery services available.
Protecting your computer system is also a good idea. I recommend that small business owners purchase a surge protector and uninterruptible power supply (battery) for each of their computers. This system will prevent electrical power surges from “blowing up” the computer system and should there be a loss of power, the battery will provide enough power for the user to back up data and shut the computer down safely.
There is another disaster that unfortunately occurs all too often in small business and that is theft. Having a detailed inventory of your business assets is essential in order to restore operations as quickly as possible and ensure your claim is processed promptly by your insurance company. Record the make, model and serial numbers along with receipts of purchase of all your business equipment. If you’ve stored this information on your computer and backed it up to your online storage area, you can access it easily and provide this information to your insurance company.
Disasters do strike but if you’re organized and prepared you won’t be one of the statistics!








