Is Your Data an Asset or a Liability? Smarter File Management for Small Teams
- Michael Vasey
- Jul 24
- 1 min read
Most small businesses underestimate how much they rely on their documents and data. Until something goes wrong. A lost contract, a corrupted spreadhsheet, or access rights in the wrong hands. Any of these can create friction or expose you to unnecessary risk.

The Two Sides of Data
Asset: Helps you make decisions, serve clients, and stay compliant
Liability: Causes confusion, breaches trust, or triggers penalties
Where Things Go Wrong
Personal Dropbox accounts used for business storage
No access controls or version history
Client data scattered across email, Slack, and local devices
No consistent backup or archiving process
What "Good" Looks Like
Clear directory structure with shared access
User permissions aligned to roles
Consistent naming and versioning
Regular review of file relevance and retention
A Few Tools That Can Help
Google Workspace shared drives
OneDrive with structured permissions
Notion or Airtable for structured, searchable data
Version control tools for sensitive documents
If you're not sure whether your files are helping or hindering your business, let's take a look. It's often a quicker fix than you think.



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