The Global Health Translations medical language translation sample business plan details the need for medical language translation services for the medical device, pharmaceutical, and biotechnology industries. The market analysis predicts a ten percent growth in each of these areas over the next five years, highlighting the potential for profit by this company. Global Health Translations has amassed over 30 native-language translators enabling them to provide quality translation services to these industries. The medical language translation business plan includes example descriptions of several of these translators and editors giving weight to the company’s preparedness for these markets. A detailed summary of the company’s process is also included so that potential investors understand the company’s operation. The company’s owners will combine an initial investment with a Small Business Administration loan to provide cash flow to the operation until it becomes profitable.
Biomedical innovations have a world-wide audience. Each new innovation, each new medical/pharmaceutical product, has a world-wide market. This presents a unique challenge to a company to develop translations in the following areas:
Instructions for use.
There is need for a translation service that is expert with the technical information as well as the languages where the product will be sold. Global Health Translations is an invaluable resource in preparing a product for the world marketplace. We will offer medical translation in the following areas:
The mission of Global Health Translations is to provide our clients translators that can master the medical concepts in the material as well as the demands of the language translation.
1.2 Keys to Success
All translations will be reviewed by medical professionals with experience in the industry.
Selection of accredited translators with a university degree from their native country.
Fast, efficient and professional management of each project.
The objectives of Global Health Translations are:
Creating translations of exceptional quality.
Assuring fast turnaround on every project.
Maintaining competitive prices.
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