We’ve already mentioned a number of factors that can have a strong impact on your costs and the ways on how to reduce the amount of money that flows out of your business. Now it’s time to discuss how we can bring more money into the business. In the previous installment, we identified the elements directly impacting your margins. The revenue that you get for your service is spent on covering your internal and external costs.
"You Can't Manage What You Don't Measure" The quote above from Edwards Deming sets the tone to this three-part report dedicated to the challenges of running a profitable translation business in today’s markets. And these challenges are numerous: language service providers have started competing globally while customers’ demand for services has grown without their budgets the following suit.
We’re used to the fact that Business Applications are harder to use, than websites and applications that you would use in your private live. Things that aren’t acceptable in sites
XTRF has been proudly selected as the Central European innovation powerhouse in the upcoming Silicon Valley V4 Tech Match alongside two other Polish start-ups on April 21-23, 2015! We are
Last week, I wrote about ways of addressing price pressure in the translation industry. After receiving a lot of very inspiring feedback, I wanted to address one of the issues