Richard Tamir
Rehovot (ISR)
Role(s):
C-Level Executive (CEO, CFO, etc.)
Consumer Translations
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Startup
Location:
Rehovot
Industry:
Marketing/PR
Year Founded:
2010
Number Employees:
1-10 people
Business Stage:
Creation/Idea
Entity Type:
Not Incorporated
Description:
Consumer Translations provides the entire translation service cycle in one, 10-minute website contact. This includes translation (outsourced) and distribution to customer targets in numerous languages. Clients no longer need to negotiate IT priorities, etc. and no language databases are needed. This is a new concept, not yet existing anywhere. Test marketing shows high client acceptance, even eagerness, for the simplification this brings. For advertising/marcom, it means greater penetration. For business forms, it enables foreign-born clients full access to insurance / medical / legal forms. Very low technology needs -- the key is the unique purpose and structure of the company and its services. Total investment $500K - $750K; 2-year profitability ranges from $10MM - $40MM. Founder is ex-Arthur Andersen global consulting director, former product designer for Digital Equipment in early career. Startup to launch time is 3-6 months; cost approx. $200,000. Call Richard Tamir at +972 5254 00250 for further info.