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The target market will be Eastern Europe and the company also plans to look at the People’s Republic of China market in an exploratory manner to find out more about the Chinese market, growth potential, competition and the logistics of doing business in China. The long-term sustaining strategy is to dominate through superior service and well-thought out functionality and convenience.
Situational Analysis – Market Trend
The translation industry in general is a fragmented, little known industry that is not talked about much. The translation industry is synonymous with individual translation service, where in-house translators, fulltime freelance translators and part-time freelance translators translate documents for companies that do business internationally or within a country...
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