The rule of due caution is commonly known in road traffic situations. However, it is also very useful in other areas of life and that includes business, too.
Last week I spoke with a translation company managing director who asked me how best to organise their production team.
Many translation agencies nowadays face the necessity of translating smaller and smaller amounts of text, submitted regularly by their (often strategic) clients.
Over 80% of translation agencies are struggling to keep project margins. They serve more small projects, more language combinations, different file formats while keeping even tighter deadlines with a lower budget per unit.
It is with great pleasure that we publish a guest article in our blog, written by Seo‑Young Jun – M.A. Candidate in Translation and Interpretation (KOR-ENG) with Localization Specialization at the Middlebury Institute of International Studies in Monterey. Soe‑Young has been getting to know XTRF at her university which is taking part in the Academic Programme by XTRF. Enjoy the blog!