Why Modern Businesses Need a Disaster Recovery Plan

Why Modern Businesses Need a Disaster Recovery Plan

Access to data is crucial for the success of any modern business. It has a direct impact on a company’s operations. On the contrary, the unavailability of data can prevent the business from completing even the most basic tasks. Despite the importance of having data at hand, many companies still don’t invest in a disaster recovery plan. This is why we hear many stories of how, because of some minor mistakes, many businesses end up facing losses. While the company may be able to contain the damage some times, often, the loss is too great to overcome.  

IT disasters happen all the time, and you cannot simply ignore them. Just because you haven’t been affected by an incident in the past, doesn’t mean that you aren’t at risk of being exposed to them in the future.  

Therefore, it is imperative that every business has some kind of IT disaster recovery solutions

What Is a Disaster Recovery Plan?

A disaster recovery plan combines data backup and disaster resolution solutions that help an organisation with the following: 

  • Reduce the risk of data loss 
  • Recover your systems in case of a disaster 
  • Reduce downtime in the event of a disaster 

Simply put, with a disaster recovery plan, your business information and data will remain safe. This will protect your company by minimising interruption to your operations when the unexpected occurs. 

Data breaches have become very common, and it is best to have a strategy to minimise downtime or even eradicate it completely. With this peace of mind, you will have more confidence in your systems, knowing that they will not prevent you from running efficiently. 

Here are some reasons why a disaster recovery plan is essential for the viability of your business. 

Importance of a Disaster Recovery Plan

1. Promotes Customer Confidence

Nowadays, customers have a lot of options to choose from and if they have any reason to lack confidence in your ability to sustain operations or see that you are exposed to ongoing IT challenges they may lose confidence in your ability to serve them. In some cases, your customers may also need information in your own business continuity strategies to ensure that you are able to meet there needs. By having a comprehensive Disaster Recovery Plan in place, not only are you opening up more customer opportunities, but you are also ticking the right boxes to maintain your existing client relationships. 

2. Employee Satisfaction

Your employees are one of your most valuable assets. Keeping them engaged and motivated is a key requirement for all organisations to ensure you get the best out of them. When disaster strikes, as a business leader, your team look to you for swift action and direction. Without adequate strategies around how you would recover from a technology outage, you run the risk of declining employee satisfaction. Coupled with the right technologies, a Disaster Recovery Plan could be the saving grace to keeping your team engaged.

3. Promote Business Growth

There is no doubt that more than ever, your systems and data provide the horsepower you need to accelerate forward as an organisation. Whether it be a cyber-attack, hardware failure or even human error, as you grow, you will continue to be exposed to an ever-evolving list of risks. Murphy’s law always seems to kick in at the most inappropriate of times; you don’t want to be caught out not being to access your systems during that important meeting with the new business opportunity. Employing a Disaster Recovery Plan ensures that you’ve got a plan b to rely on.

4. It’s Cheaper Than Doing Nothing

A common objection to implementing a scalable Disaster Recovery Plan comes down to cost. Unfortunately, if this conversation on the table, the comparative risk costs aren’t taken into consideration. It’s important to understand your runway as an organisation. Meaning, in the event that disaster struck and nobody was able to work, how long could you continue operating.  

At the end of the day, every minute that you are offline costs you, big time. Not only are you paying staff that are unable to work, but you’re also incurring overhead costs, reduced sales, risk of loss of business and heaps more. It’s not unrealistic to cost a small to medium business tens of thousands every day you are offline. 

The Final Word

Just because it hasn’t happened to your business yet doesn’t mean that you are not vulnerable to a disaster. It is best to take precautions and pre-emptive measures to ensure that your business is protected and is ready to take action. Statistics show that a big portion of SMB’s will only act after they have experienced a disaster. In today’s day and age, it isn’t a matter of if, but when. It’s time to get prepared, and our range of IT solutions in Cairn are designed to take the confusion out of protecting your business with comprehensive strategies to safeguard your business. Contact our team to discuss what solutions would be the best fit for your business. 

Author Bio
Andrew Bischof is the Owner/Director of Future Computers, an IT solutions provider in North Queensland. His dream of working in IT became a reality when he moved to Cairns and took over Future Computers in 2003. Since then, he has been providing IT Solutions in Townsville, Cairns and North Queensland. His goal is to provide clients with IT solutions that surprise, inspire and delight.

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