Preparing for recession: How can LSPs weather the coronavirus storm?

Welcome global recession. We weren't expecting you and you are not welcome in our house. But it looks like we have no choice and you are here to stay for a while.The coronavirus has already put many people out of jobs and we are just at the beginning. Many more people will be out of work. That means less spending by consumers and businesses. The stock market is in bear territory and the net worth of many people has shrunk dramatically. Shrinking budgets will become the norm in corporations [Read more...]

Should LSPs be using the coronavirus to drum up business?

In the last 2-3 days, we are getting dozens of emails from Language Service Providers (LSPs) who are using the Coronovirus as an excuse to spam potential clients and push their services. Here is an example: _____________________________________________________________________ Dear business partners,Despite various restrictions and quarantine measures, we operate as usual. Our technologies enable complete home-office for our project managers, translators, editors, DTP staff and other [Read more...]

International debt collection. Is there a happy ending?

As a freelance translator or a representative of a company in the languages industry, you work with international clients in foreign lands. The nature of our business is international, so your exposure to foreign clients is inevitable. So what do you do when such a client does not pay for services rendered?It's a good question which affects so many people. But the answers are not simple. Indeed, many translators and translation companies can share horror stories of how they got ripped off by [Read more...]

Professional Translation Services 101

Professional Translation Services Best Practices International professional translation services have become a staple business service which is required by most companies in the world. This post will provide some details about translation services for professional use, and how you can order accurate and professional translation services. Meaning of professional translation servicesProfessional translation services is a transaction in which a business or a person purchases language [Read more...]

I need more time! Top 10 excuses for missing the deadline.

As professionals in the translation industry, whether you are a translator, a PM, a designer, a sales manager or a translation company owner, we all live with the clock. Anyone who has worked in this business knows that deadlines are a part of our life and are sacred. If you promised your client to deliver by COB London time, it better be delivered on time!However ... deadlines are always being missed for one reason or another. In my opinion, there is no excuse for being late. I once heard a [Read more...]

The new paradigm of selling online

At GTS Translation, we made a strategic shift about three years ago and started to sell document translation services online. It is a simple concept which is used by several other companies like gengo, onehourtranslation and translated. The customer only needs to upload her/his documents and select the source and target languages. They get the translation price quote online within seconds and can then complete the order and payment online. Delivery and approval of the job are also done online. [Read more...]

Without impalas and hyenas, the lion cannot be the king of the jungle. The state of the translation industry in East Africa

  Without impalas and hyenas, the lion cannot be the king of the jungle (African Proverb) The translation industry has been dominated by huge players from Europe, North America and East Asia overshadowing important translation initiatives in other parts of the world. But in the rapidly developing region of East Africa (Kenya, Uganda, Tanzania, Rwanda, Burundi and South Sudan), translation has been a booming industry for years.In an effort to shed some light on the state of the [Read more...]

Translation company near me. Does it make a difference?

The Internet has fundamentally changed the way we shop and the way we do business. No doubt about it. People are spending less time going to stores and more time shopping online. The geographic location of a business and its proximity to your home or office has become much less significant than it was in the past. Whether you are shopping for groceries, shoes or travel services, getting it online can save you time and effort. And the goods can usually be delivered to your doorstep.The same [Read more...]

How to start a translation business

The translation and localization industry is one of the fastest growing business-to-business (B2B) market segments. International companies know that language services play a key role in global expansion and translation budgets are growing. More and more content is being translated more than ever before and into an expanding array of languages. The Slator Language Industry Market Report 2019 provides a comprehensive view of the global language services and technology industry, which, according [Read more...]

How to find the best translation agency for your next project

Translation is a big business. According to the localization industry research firm CSA, the global market for outsourced translation services in 2017 was US$43.08 Billion.  That's a lot of money! Nearly every business in the world needs translation services. Whether you are a restaurant owner who needs to translate your menus, an airline that needs to translate it's in-flight safety videos or a chemical company transporting chemicals to another country-you need professional translation services [Read more...]

What are the benefits of using a professional translation company

If you need to translate a document or text into another language, there are several options available:1. Use free translation software 2. Hire a professional translator 3. Hire a professional translation company Using free Machine Translation (MT) software Almost everyone has used Google Translate at one point in their life. There are also a number of other free online translation platforms: Bing Microsoft Translator, DeepL Translator, PROMT, and SDL Free Translator are some of the [Read more...]