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Next Level supports translators and interpreters with five or more years of experience as they seek to achieve their business goals. We provide information for both freelancers and company owners to use in all aspects of their careers, from improving their privacy protections to planning for retirement.
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BOI is short for Beneficial Ownership Information, meaning, information about who actually owns or controls a company. On January 1, 2024 a new Federal regulation went into effect in the US that requires many companies to report this information to FinCEN, the Financial Crimes Enforcement Network, a bureau of the US Department of the Treasury. This new regulation was devised in an effort to curb money laundering and other financial crimes and applies to most company entities in the United States. Not to worry – existing companies have until January 1, 2025 to file the BOI report, so you have…
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This post is a reblog, originally published on the Austin Area Translators & Interpreters Association blog. It is reposted with permission from the author. If you’d walk into a major bookstore today, one of the first books you see on display will have Malcolm Gladwell’s name on it. In one of his books, Talking to Strangers: What We Should Know…
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I have been teaching business classes for freelance translators for about 15 years, so I’ve seen “under the hood” of many freelancers’ businesses. The truth is, when we talk about goal-setting in our freelance businesses, many freelancers have amorphous goals (“earn more money,” “find better clients”) or no goals at all, because their business management strategy consists of two steps:…
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This article originally appeared in the ATA Chronicle-Online. Once upon a time, in a land that now seems very far away, many parents were able to work as freelancers from their homes. They did this in part by sending their children to another, much larger building five days a week. The children would gather with friends and adults called “teachers”…
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