
- Nearly 40% of small businesses close after a disaster, according to the Federal Emergency Management Agency.
- 75% of small businesses do not have a disaster recovery plan in place,according to a 2015 survey of 500 small business owners conducted by Nationwide.
- 52% of small businesses say it would take at least three months to recovery from a disaster, according to the same survey.
- Only 18% of companies surveyed that have fewer than 50 employees have a disaster recovery plan, according to the same survey.
- 51% of the hundreds of businesses surveyed for the 2014 Disaster Recovery Preparedness Benchmark Survey received a failing gradewhen it came to disaster recovery preparedness.
- 60% of respondents surveyed for the same report said that in spite of their best efforts, their disaster recovery plans were not useful during their during their worst events.
- Only 25% of businesses that close due to a major disaster ever reopen, according to the Institute for Business & Home Safety.
This is the most vital consideration of your business, should it enounter an event that would cause data loss of your IT assets and materials.
The statistics above show that businesses that encounter a loss of ther ability to operate for even a small period of time are at significant risk of ceasing business.
The reconstruction of a business without the digital assets of a business is a large factor in continuing operation should the worst happen. Many of the assets of a business are replaceable, such as equipment, vehicles and building.
What cannot be replaced as easily is the ongoing digital assets that is used to run the day to day business affairs, and those that form the bulk of the product to the clients.
Without these crucial IT assets, recovery of a business that encounters an event is difficult if at all possible, and the business and the employment it provides to the owner and employees is a risk.
