Getting Sense of Translation Market Rates in an RFP Season. An LSP Perspective.
If you run a language services company and live in the US, you are probably in the middle of an intense RFP season. No matter where you look, private and public companies are actively seeking to invest funds in language access. Responding to an RFP requires project management skills, as it is an undertaking where you need input from multiple people from your team besides yourself, the owner/CEO. Also, if you are a niche LSP—like I hope you are—and you are looking to grow your revenue, chances are the RFP goes beyond your comfort zone, especially in the languages department....