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If you are forced to upgrade to a fibre line is it affordable for unlimited storage the business? With all that traffic going through your internet connection you will generally need more internet bandwidth. Is additional bandwidth affordable?
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When were the taxes due and what other bills are due? You put everything in the computer and threw the paper invoices away. This is why it's imperative that you install a good secure off-site cloud backup system, to keep this from happening causing you years of loss, headaches and LayerOnline - https://www.lynlee.co.uk/computers-and-technology/unlimited-storage-goog... heartache.
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It also reduces the revenues we receive from onsite services too. This is where we go to the client's place of business to fix problems, install patches, upgrade systems and perform customizations and training. With a cloud based application most of these tasks, with the exception of customization and training, are now assumed by the software vendor. Just like when someone buys a life insurance policy the customer service is handled by the home office in Omaha or somewhere like that.
This leads me to the point that cloud storage is an excellent way to backup your data. The days of backing up to external hard drives are not quite behind us, but with internet access speeds continuing to increase year by year, backing up data to the cloud is definitely going to be the most common approach in the future. So you don't even need to worry about it. In most cases, depending on your provider, google drive it all happens automatically.
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When I asked him where to, unlimited storage he had no idea. LayerOnline - https://www.raondigital.com/amazing-advantages-of-unlimited-storage-goog... I meet many people who claim they store their backups on an external hard drive or on memory sticks. Its owner assured me it backed up regularly. Just yesterday I rescued data from an ageing computer that had frozen. The last backup was 3 years old. It was set to back-up to an external hard-drive. Not a bad idea - except the external hard drive had spent the last 3 years living in the roof of his garage. Do you want to guess where?