How much is the
data in your computer worth? Of course, it's worth the payroll expense
it took to enter it originally. There is a value to the control you
have over your accounts receivable. There is an intrinsic value to your
customer list, your inventory list, your payroll, your order file, and
your day to day ability to analyze that data.
If your files disappeared
right now what would it cost, in hours of labor, for employees to sift
through file cabinets of hard copies organizing the paper and reentering
the data into your computer? Do you have paper records of your electronic
files? Can you afford the expense of losing control of your business?
For a day? A week? A month?
Fire is unlikely, but you carry fire insurance.
Although data loss does not occur every day, the fact that an entire
industry is growing to protect and recover data reflects the need for
planning on your part. Because disasters can occur beyond your control
through viruses, sabotage, fire, and flood, it is critical to have regular
backup copies of your data files at all times.