Backing Up Your Electronic Data – Best Practices

There are three essential elements in backing up and protecting your data:

  1. Actually doing backups, most businesses don’t seem to see the need;
  2. Testing or running a regular backup to ensure it works;
  3. Keeping a copy of a current backup offsite away from the office; fire, earthquakes tsunami’s need more be said.

If you don’t see the importance of taking a regular backup you might be interested in the following:

  • 60% of companies that lose their data will close within 6 months.
  • 34% of companies fail to test their backups, of those that do the failure rate is 77%.
  • 6% of PC’s will lose data every year.
  • Every week 140,000 PC hard drives fail (USA)
  • Drive recovery can cost upwards of $7,000 per drive.

Source – Boston Computing Consultants

Details

Events Round up

As notified in previous newsletters a number of events have taken place in West Auckland over the past month or so where UHY Haines Norton has had an involvement here is a wrap as to how they all went. Waitakere Business Club After 5s The first event off the block was the Waitakere Business Club…

Details

Are Your Auditors Adding Any Value? Enter UHY Assurance Team.

The past few years have proved challenging times for even the best of businesses, testing economic conditions, an increasingly complex regulatory environment, demanding customers and employees, cash flow restrictions and ongoing uncertainty have all contributed to a challenging business environment. Change and uncertainty can lead to fear in the business world which in turn can…

Details

Important Date Looms for Loss Attributing Qualifying Companies (LAQC) and Qualifying Companies (QC) – Have You Taken Action?

By now people will be aware that LAQCs ceased to exist from the beginning of the 2011/12 year (1 April 2011) and by default they became QCs. This means that unless people make use of the transitional concessions, their ex-LAQC or QCs 2011/12 tax losses will not flow out to shareholders to offset their other…

Details

Teknatool International® Group – Motoring Towards Success

In our August 2009 newsletter we featured engineering firm and UHY Haines Norton client Teknatool International® Limited. The company manufactures high end consumer products for the home woodworker/DIY workshop including machines, electronic controllers, motors and supporting accessory products. In 2009 we reported that the company was continuing to prosper despite the tough economic conditions at…

Details