Business Translation Services in the UK
Translating business content accurately is a priority project for many departments. Companies realise they need to hire only highly qualified professional business translators for this complex subject area with high stakes. It may be challenging to find a translator who has formal translation training, years of experience, professional translation credentials, fluency in the two needed languages and a business background in the subject area you are seeking!
Business translation projects can be diverse and frequent within companies. Some industries heavily rely on professional translation companies for their daily operations. Other organisations have one-time infrequent projects. The following are just a few of the many business areas you will want to evaluate professional business translation services for inter-language communications:
- Bids & Tenders
- Government or regulatory compliance
- Email and letter communications
- Intellectual property/Legal Translation
- Mergers & acquisitions
- Finance & Accounting
- Marketing Materials
It is important to note the several areas of business which involve business law considerations. It is equally important to hire legal translators who are competent in the applicable areas of law for your business projects.
Regardless of your translation project topic, ensure to read our articles on how to evaluate qualified professionals, tips for working successfully with a translation firm and how to ensure the accuracy of your translation.
Language Services Provider (LSP) Industry Data
The language service provider (LSP) industry is growing rapidly as globalisation continues to create new market opportunities worldwide. The translation industry trends are revealing a growing, but also more competitive, market. These market forces are requiring translation agencies to provide a wide range of comprehensive services, including more subject matter experts who are fluent in various language combinations to meet the needs of custom projects.
As the second largest language services market in the world, the industry in the United Kingdom follows the global trends. The language and translation services industry in the UK reached £35 billion in 2018 and the outlook remains strong.
How Important is Professional Business Translation in the UK?
Hiring a professionally qualified business translator is critical for any international business transaction, agreement, communication or project. To prevent miscommunications or business disputes across borders, your organisation needs to ensure all the communications are translated only by organisations with professional credentials and liability insurance.
The translation industry impacts of Brexit on business transactions through the European Union are significant. It is important to honour your business partners and customers by continuing to engage them in their native languages in all of your business endeavours.
Renaissance Translations has 3,000 qualified professional translators who are fluent in over 120 languages. Many of our translators are also subject matter experts in the business and the legal system in the United Kingdom. Let’s discuss your business translation project goals today.