Home-based businesses may be small, but they are (hopefully) a significant source of income for their owners and they provide a valuable service to their customers. For this and numerous other reasons, it is essential for these businesses to be able to quickly return to normal operations after a disaster.
One of the more frequent “disasters” in small business is data loss. This often happens when a virus infects the business computer or if the computer’s hard drive fails. The easiest way to protect your business from data loss is by ensuring you have up-to-date anti-virus software and to do regular backups of your computer’s hard drive. Daily backups to an external hard drive is an inexpensive way to ensure you can access your data and continue business operations should your computer crash. However, if your office were destroyed by fire or flood you would also lose your external hard drive, so I strongly recommend a cloud-based data storage solution, too. There are many inexpensive, secure online backup services available.
Protecting your computer system itself is important. Small business owners should purchase a surge protector and uninterruptible power supply (UPS) battery for each computer. A UPS 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.
Fire, flooding and theft are disasters that unfortunately occur all too often in small businesses. Having a detailed inventory of business assets (electronics, furniture, etc.) is essential in order to restore operations as quickly as possible and ensure the insurance company can process the claim promptly. Record the make, model and serial numbers along with receipts of purchase of all your business equipment. Copies of important paper-based records should be available after a disaster. Scan items such as insurance policies, cheques, and signed contracts. 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 your small business will be protected.