Borland Database Engine - Error $2501

I am recieving the error message  "An error has occurred while attempting to initialize the Borland Database Engine"

When you recieve this error message you are required to perform an 'external backup'.

Please see the below images and instructions on how to do this;

Right click on the Farmbook Icon | Double click on Open File Location

Navigate to Practical Systems FB | Double click on Utilities

Double click on PSBackup | Click on backup and proceed as usual

Select Farmbook from the application dropdown | Select Backup