BURG Translations Blog
BURG Translations, Inc. announces enhanced lease agreement translation process in response to FASB’s lease accounting standards change
Chicago, IL, March 1, 2017: Chicago-based BURG Translations, Inc. – an international company specializing in technical translation services – announces an enhanced lease agreement translation service process for accountants, lawyers and others impacted by last year’s FASB changes to lease accounting standards.
The changes announced in February, 2016, require lease agreements for properties outside the United States to be recognized on balance sheets. Many of these lease agreements are not in English, creating a translation problem for accountants and lawyers.
Should you hire a nonprofessional translator or a translation agency
As a translation company, we depend on professional freelance translators constantly. This article addresses nonprofessional translators and is specifically making a comparison between a nonprofessional translator and a translation company. Clients sometimes debate if they should use an individual they hear of (it could be a colleague, friend, or second cousin’s best friend’s girlfriend) to translate a document or go to a professional vendor. This article is meant to address this decision.
While you might pay less up front with a nonprofessional translator, you’ll likely end up spending more time or money than you would if you went directly to a skilled language service provider with your project. Here’s why you don’t want to go the seemingly cheapest route.
CASE STUDY: Medical device marketing department reaches key opinion leaders faster
Problem
The marketing department for a medical device company needed help finding as many key opinion leaders (KOLs) as possible from across three countries to champion the company’s products. The KOLs were needed for regional sales and marketing teams to maximize sales quickly.
The challenge in this case was that the company had no support and a limited budget to identify and locate these KOLs. Moreover, patent protection time constraints and annual sales targets placed a great deal of pressure on the sales teams to successfully sell as quickly as possible. Finally, the information needed to find these KOLs across three different countries was in different languages. Given the budgetary and time constraints of this company, the medical device marketing team needed to choose a vendor with an alternative approach.
CEO of chicago-based translation services company to present at international program in Miami
Chicago, IL, July 24, 2016: Chicago-based BURG Translations, an international company specializing in technical translation services, recently announced that Angelo Passalacqua, CEO, will be a featured speaker at the 6th Annual Clinical Trials Innovation Programme in Miami at the Sheraton Miami Hotel & Executive Meeting Center on July 28 and 29. The event will feature 25 innovative thought leaders from around the world as key note speakers. Through strategic keynote addresses, themed tracks and dedicated networking sessions, attendees will have the chance to be educated about the latest industry trends, improve their company’s brand awareness, debut new products and solutions, and meet with new and existing clients.
BURG Translations CEO Appointed to Chicagoland Chamber of Commerce Board of Directors
Chicago, IL, April 26, 2016: The Chicagoland Chamber of Commerce recently appointed Angelo Passalacqua, CEO of Chicago-based BURG Translations – an international company specializing in technical translation services – to serve on the Board of Directors for the organization.
“We are excited to have Angelo and BURG Translations represented on the Chicagoland Chamber Board of Directors,” said Theresa E. Mintle, President and CEO of the Chicagoland Chamber of Commerce. “The Chamber represents over 1,000 member companies, their 400,000 employees, and over $24 billion in revenue. The leadership of our Board allows us to effectively serve those members and work every day to make Chicagoland a world-class place to live and work.”
“I am honored to be a member of the chamber and look forward to playing an active and integral role in the continued growth and advancement of the organization,” Passalacqua stated. Passalacqua is a certified John Maxwell Coach, ISO 9001:2015 Lead Auditor, Associate at the Higher Education Academy and holds a PhD in biostatistics from King’s College London and BSc in management from Purdue University. Civically, Passalacqua volunteers with Global Brigades – a charity he co-founded in London – as an executive board member.
