03 Jul How to Easily Save A Lot of Money on Your Translation Budget(Last Updated On: July 20, 2019)
There are people in this world who have a lot of money. But they are what we call the one percentage of the population. Of the seven billion people of this earth, the majority is always struggling with money. A lot of them have to work hard for each meal, and sometimes they fail to get food three times a day. There are many places on our planet where children are born hungry and they have to start working at a very early age to fill their empty stomachs. In such households, even when all members of the family work, it is never enough.
The situation of the people of the society who live in the middle class is not any better. They may not have to struggle for every meal, they have to struggle still. They cannot afford to live without their monthly wages. But there is also the problem of the emergency expenses. A fridge can stop working at any time or your kid could need money for a new school bag after their last one gets damaged. Whenever something like this happens, it feels like a nightmare for those who have to take money out of their small savings. This is why everyone in the world is always looking for ways to save a little money. You never know when you are going to need it.
A business is something that requires you to put your money in it but that doesn’t mean you can’t try to save it as well. Sure, there will be countless things in the business that you will have to spend money on but instead of spending abundantly, you can try spending smartly. In this way, you will be able to make more than your money’s worth. Every business in this world offers its people the opportunity to decide where they are going to invest. This decision, when taken intelligently, can take your company to the height of success. But if you try to use shortcuts, it could prove extremely bad for your business.
Translation & Its Need in Business:
Humans have been blessed by many things throughout their existence. A lot of these blessings are natural, like fresh water, fruits, and vegetables. But there are many that were invented by human themselves. Like technology and medicine. We have been at work since the beginning of time and with each passing day, we improve our lives just a tiny bit.
One such blessing that has made our lives a lot better is translation. In a world where there are so many differences among people and misunderstandings can rise at any moment, translation has provided us an opportunity to connect with each other despite the language barrier. Thanks to it, there can be no miscommunication and as a result, avoiding conflicts has become easier. It is only when we understand each other that we will be able to empathize with each other and make our journey towards world peace.
Businesses across the world survive on globalization. It is the dream of every company to become global because true success can only be achieved when your target audience is the whole world. But every country has a different language, or many languages, and the same advertisements cannot be used everywhere to attract new customers. This is why translation is badly needed for businesses. Without it, there will be no international food chains and multinational brands.
Saving Money on Translation Budget:
Since interpretation is a necessary thing in business, you can’t survive without it. But isn’t the goal of everyone in this world to save money? So, how would you save money on translation budget and spend it on things that can give your business a boost in the international market? Well, here is how:
1. Plan Ahead:
Although this is the advice you should follow in every walk of life, it is something you must do when it comes to your translation project. Decide ahead of time which languages you want to see your content in, do your research about language service providers, do a rates comparison. This way when you need the interpretation, you will be fully prepared for it. If you don’t do this, you will end up hiring someone urgently to do the job for you and pay them whatever they ask.
2. Think Globally:
Whether it is your website you need localization of or your advertising content, you need to design and create it in a way that it is ready for translation. You can do this by creating content that is translation-friendly, which means it is simple and precise and doesn’t contain redundant sentences. You can also get your website designed in a way that it is ready for going global whenever you are. This way, you won’t have to spend extra money on getting it ready for the local audience first and then hiring someone to localize it for the global market.
3. Reject Cheap Rates:
Cheap doesn’t always mean money saving. A lot of times cheap rates mean you will get low-quality translations done by unqualified translators. Getting those translations fixed will require extra money. So, make sure you choose the right agency the first time and save your money.
4. Pick One Provider:
If you hire different translators for different projects, you will be spending more money and getting less work. Pick one service provider and stick to them for each project.