A newsagent experienced a computer outage recently, losing weeks of data. The data was lost because they backup they thought someone else in the business was doing was not being done.
This business is on the market. A prospective owner doing due diligence could have questions about the gap in business data. This could impact the purchase price.
There is no excuse for not having a current data backup. It is essential for the swift recovery of accurate current business data in the event of hardware or other malfunction.
There was a sale last year that was held up because of data related issues that challenged trust.
Data backup is essential today and for what might come in the future.