Jeremy King //May 8, 2013//
(Editor’s note. This is the second of two parts. Read Part 1.)
Advisors can help their clients gain comfort in migrating to the cloud by reviewing and negotiating a vendor’s Terms of Service (TOS). Ensure that key points of importance are put in writing, especially in the following areas:
In summary
Many business owners need guidance to navigate a move to the cloud. With sound advice and an understanding that they have already been using the cloud via Facebook or Netflix, they can overcome the barriers, both real and psychological, and reap the benefits of moving their business data to the cloud. An advisor who understands the questions to ask and terms to negotiate will not only continue to prove his or her value, but also help ensure the client does not suffer losses to the competition by maintaining the status quo.