Interpretation and Translation Service Industry
You are looking to start a business. So why choose the interpretation and translation service industry? Simple, the language service industry is a 14+ billion dollar industry! There is no doubt that the need for in-person interpretation, ASL interpretation, document and medical translation, and transcription services is on a rapid increase. Interpreters Unlimited™ has experienced this growth first hand year after year. Hence, the reason we are offering those who are looking to start a business, with a potential to work at home, a chance to own an Interpreters Unlimited™ license. Owning a license is in many ways better than owning a franchise business. This business opportunity allows you to solely own and independently operate your own company.
I don't know anything about this industry and I do not speak another language. That's ok. You do not need to speak another language to own and operate your own language service company. In addition, we will train you on what you need about this industry and how to operate your business.
First off, it's good to understand that interpretation refers to the oral translation of one language into another. Translation refers to the written translation of one language to another.
Industry Trends
The year of 2007 was a banner year. The average year-over-year growth rate of companies in the Top 20 list was 26.68% (Common Sense Advisory, 05/2008). Based on the trend-line over that last five years, it is predicted the market will reach $24 billion by 2012. That growth rate is equal to a compound annual growth rate (CAGR) of 14.6% over the coming quinquennium.
Growth Potential
- The language service industry is a $14.2 billion industry globally with the US and Europe capturing 40% and 43% respectively.
- About 10% of the companies have more than 4 employees. Interpreters Unlimited™ may be categorized as one of the largest among the medium sized companies in California.
- The business press is beginning to pay attention to this sector. Last year Inc. Magazine listed three language companies among the 5,000 fastest growing private companies in the US.
Why Choose Interpreters Unlimited™
You understand now why you should dive into this language interpretation world, but why choose Interpreters Unlimited™? We are the oldest and largest full service interpretation and translation company in California. After working in this industry for nearly 40 years, we have a name nationwide and our client base includes more than 600 active customers representing a wide array of industries. Government and state agencies, insurance companies, law firms, courts, corporate environments , school districts, and medical facilities all need interpretation and written translation services. We also have proprietary software system to handle everyday client and customer relations. Your client pool is infinite. We are headquartered in San Diego, CA with locations in Little Rock, AR and Philadelphia, PA. With our license program we hope to expand into other areas of the county.
What makes it easy?
The heart or our management system is our proprietary software that manages everyday client scheduling, tracking and interpreter data. The software also takes care of accounting functions . This results to a significant time and labor savings and increased efficiency.
What do we do?
We create a solution when language creates a barrier
- In-person interpretation for over 130languages
- Written translation of varies documents such as technical manuals, legal documents
- Transcription of medicalrecords and other recordings into multiple languages
- Live telephone conference interpretation
- American Sign Language interpretation
- Over-the-phone interpretation
- Simultaneous interpretation and any equipment needed i.e. sound proof booth & headphones
Who are our clients?
Just about everyone has interpretation and written translation needs
- Hospitals
- Medical clinics/facilities
- Law firms, court and deposition sessions
- Insurance companies
- Corporate offices
- Government agencies for the city, county, and state
- Schools
- Technology companies
Who is our license program designed for?
- Beginner to seasoned entrepreneurs
- Business professionals
- Sales professionals
- Business consultants
Training and Support
All tier levels include five days of training at our San Diego, CA office. This training will encompass everything you need to know to manage and operate Interpreters Unlimited™. It will also include opportunity to observe our day-to-day operations.