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Translation Service

Speak multiple languages? Go into the translating business.

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Business At A Glance

Translation Service
Startup Costs: $2,000 – $10,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? Yes

Business Overview

How to do you say ‘party of the first part’ in Spanish? If you know the answer, or if you know someone who does, then a language translation service might be just the business for you. Language translators are in big demand these days. International commerce is growing as fast as the internet, and while we may believe that English is the world’s linguistic choice, it’s not.

So people who can translate documents from one language to another are in high demand. As a language translator, you’ll interpret all sorts of documents, from books to private letters to product labels, but your greatest source of revenue will be legal and medical companies. You can specialize in the one or two languages you speak fluently, or you can hire other linguists to translate dozens of other tongues. You don’t actually have to speak anything other than English–you can function as the management and administrator for your bilingual freelance consultants.

The advantages to this business are that you can work at home, you can start part time, you’ll deal with all sorts of interesting people and materials, and if you like the nuances of languages, it’s always fascinating. You (or your consultants) will need a definite fluency in your specialty languages. High school French is not enough, especially if you’ll deal with legal and medical documents. An understanding of medical or legal lingo is also a plus so that your translated materials come out sounding like the real thing. You’ll also need good administrative and organizational skills.

The Market

Your customers can be anyone who needs something translated, but your best sources will be the legal and medical communities. You can also target book publishers, government institutions like welfare agencies and immigration services, insurance companies, and import/export firms. Send direct-mail brochures to targeted businesses. Place ads in trade publications and introduce yourself to supervisors and administrators at local hospitals and institutions.

Needed Equipment

Certification as a translator is a plus but not a necessity–if you’re a doctor, a nurse, an attorney, a paralegal or are otherwise well-versed in the lingo of the profession, you’ll be way ahead of your competition. You’ll need a computer with the usual office software, a laser printer, and a fax machine. There’s a variety of translation software on the market, but since they tend to translate verbatim regardless of context, they don’t really do the trick–in most cases you’re better off without them.

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Business Services

Errand Service Business Opportunity

Help busy people get through the day by providing an errand service.

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running-errands-for-people

Business At A Glance

  • Business: Errand Service
  • Start-up Costs: Minimum
  • Home Based: Can be operated from home.
  • Part Time: Can be operated part-time.
  • Online Operation? Yes

Business Overview

Let’s face it; today’s busy lifestyles mean that a lot working people just don’t have time for even the simplest of errands, such as taking the family pet to the veterinarian for a routine checkup, buying AuntSue a birthday present, or picking up the kids after school.

Which is great news if you’re a multi-tasker looking to start your own simple,inexpensive, yet potentially very profitable business. An errand service can be operated with nothing more than a cell phone and reliable transportation.

Land clients by networking and by creating a simple marketing brochure explaining the services you provide along with your contact information.
Related: Start A Small Business, Become Self–Employed

The brochures can be pinned to community bulletin boards, hand-delivered to homes and businesses and distributed with the local newspaper.

A few promotional items such as pens and memo pads emblazoned with your company logo, name and telephone number given out to potential customers will go a long way as a daily reminder of your fast, reliable and affordable errand services.

This is the kind of business where growth is fuelled by referrals, so customer service and satisfaction are the most important goals.

The Market

Busy individuals who need a little help getting their day to day errands done. You can also market your services to small business owners.

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Business Services

Temporary Help Agency

Connect qualified workers with businesses in need of temporary help.

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Business At A Glance

Temporary Help Agency
Startup Costs: $10,000 – $50,000
Part Time: Can be operated part-time.
Online Operation? Yes

Business Overview

Outsourcing, downsizing, and consolidation are buzzwords in today’s business world, and all have helped to make the placement of temporary workers a thriving industry. In short, when businesses and organizations need temporary or seasonal help, many turn to the services of a temporary help agency to fulfill their manpower needs.

It often costs less and is more convenient than having to run help wanted ads and interview candidates. In starting your temp help agency, we suggest that you specialize in supplying qualified workers in one particular industry or area of expertise, such as the construction industry, retail sales, home care, domestic work, office work, or warehouse staffing. Recruiting workers prepared to work on a temporary basis should not prove difficult. Just target students, early retirees, homemakers, and even other homebased business owners seeking to earn extra income periodically.

The Market

Marketing can be as easy as creating an information package describing the service and your available work force, and distributing it to businesses and companies that occasionally rely on temporary workers. You can network for clients at business and social functions, and use the Yellow Pages and newspaper classifieds for advertising.

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Business Services

Mediator

Help opposing sides find common ground.

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Business At A Glance

Mediator

Startup Costs: $2,000 – $10,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? No

Business Overview

In most areas of the United States amediator is not required to be licensed or have certificate training,making this an excellent choice for a new business venture.

The dutiesof a mediator are to bring two opposing sides together and find commonground. A mediation service should not be confused with an arbitrationservice as a mediator does not rule in favor of either party, butremains neutral.

The purpose of mediation is to reconcile differencesbetween parties before litigation or arbitration is required to settlethe dispute. Securing clients for a mediation service is bestaccomplished by building alliances with lawyers so the lawyers canrefer your service to their clients.

Mediators generally bill by theday for mediation services, and the rates average out to approximately$80 to $100 per hour. web resource: www.mediatorindex.com AmericanArbitration Association.

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