Are you looking to start your own Interpreting, Translation, or General Business?
Faviola ‘the CEO Hustler’ Valencia – Aranda, will help you Boss Up and Rise…by providing you the tools and resources you need to start and grow your own business
Are you bilingual, have a special skill, product, or service, and want to start your own business?
In this blog, I will be focusing on how to start your own interpreting and translation business and enter the fast-growing Language Service industry.
First and foremost keep in mind that starting a business is NOT EASY, but it’s also NOT IMPOSSIBLE!
If you have the right mindset, ideas, planning in place – you can be very successful!
- Do you have an idea, concept, service, or product that you want to sell?
- Have you done the research and know what you need to put this idea to work?
- Have you taken into account all the ups/downs, cash flow problems that may arise with a business? If not, it is important to be prepared for the ups and downs and especially the “cash flow” that can break your business!
- Do you have a; business plan, strategic plan, etc…in place? If not, I will provide you with all the resources to make sure that you get all your licensing, permits, insurance, etc…in place!
I Invite you to Check Out my Video and Learn More about Entrepreneurship and Starting a Business
Now, if you’re looking to Start an Interpreting and Translation business then this is a whole new “ball game” it’s NOT EASY, but again it’s NOT IMPOSSIBLE!
- For starters you have to know the industry, you have to know if you are able and experienced to do both interpreting and translation.
- You have to find your nitch, your target market…
It takes more than just knowing a “second language” to be a “Professional Interpreter / Translator”…
Many interpreters and translators forget the important things about the business aspects and legalities. They forget that if you are a “Freelance Interpreter / Translator” and based on the City, State, County that you live in, you are required to:
- Invest in a business license
- Obtain liability and errors and omissions insurance
- Establish a contract/agreement for your services
- Have a little sales and marketing experience in order to market your self
- Some basic accounting experience in order to properly invoice and collect for your services
- These are just a few key points that many “Freelancers” forget to obtain.
Follow my blog and learn more about the do’s and don’ts of this billion-dollar industry, so that you don’t end up like “the other guy”…Not adhering to the Code of Ethics and Professional Conduct.
Check out this mini-training ad learn more on how to become a “Professional Language Interpreter / Translator”