Poll: How much of your income do you invest into your business? Thread poster: ProZ.com Staff
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This forum topic is for the discussion of the poll question "How much of your income do you invest into your business?".
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| | | neilmac Spain Local time: 19:29 Spanish to English + ...
I'm not really sure how to respond here. I suppose I would say enough to keep it going. For example, many translators make do with only one computer, and many people only use a laptop rather than a desktop machine. However, I prefer to have at least two fully functioning desktop PCs so that if an issue arises with one of them, I can keep working on the other. I also have a laptop for when I'm travelling or will have to spend time waiting, for example in doctors surgeries, hospitals, the dentists... See more I'm not really sure how to respond here. I suppose I would say enough to keep it going. For example, many translators make do with only one computer, and many people only use a laptop rather than a desktop machine. However, I prefer to have at least two fully functioning desktop PCs so that if an issue arises with one of them, I can keep working on the other. I also have a laptop for when I'm travelling or will have to spend time waiting, for example in doctors surgeries, hospitals, the dentists or airports. I pay for my software updates. Apart from that, I can't really think of any other "investments" in my "business"... ▲ Collapse | | |
My big investments were made at the very beginning and after that I’ve invested in repairs, replacements and updates when the need aroused. My printer has started again doing a strange grinding noise... Other than that I’m good! | | | 50-75%, but... | Jan 14, 2020 |
I invest more than half of my earnings into my other business, whereas the translation one gets by on less than 1%. | |
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Kevin Fulton United States Local time: 13:29 German to English Relatively little nowadays | Jan 14, 2020 |
I used to invest a lot in my business with regular purchases of equipment, reference material, software tools, journal subscriptions, etc. I've let all my memberships and subscriptions lapse and haven't purchased a hardcover dictionary in a few years. I buy a new computer every 5 years and keep my software up-to-date (CAT tools, a few basic utilities). I replace worn out equipment, but am not currently planning any major expenditures. | | | Vanda Nissen Australia Local time: 03:29 Member (2008) English to Russian + ... Difficult to say | Jan 14, 2020 |
While I pay annually for professional memberships, costs of PD activities, hardware and software vary from year to year. If I attend a professional conference overseas, it certainly costs more than a free PD event in Brisbane:). | | | Mario Freitas Brazil Local time: 14:29 Member (2014) English to Portuguese + ... Less than 10% | Jan 15, 2020 |
Working at home, already with a decent equipment, the investments are only for replacements and a bit of networking (which is mainly free of charge anyway). | | | Less than 10% | Jan 15, 2020 |
A new desktop computer with a ginormous screen and a small laptop 18 months ago, and a nice laser all-in-one printer with OCR two years ago. The trend seems to be to charge monthly fees for updates to MS Office, Adobe, and several other programs that I use. I saw my tech once in 2019. I have no other expenses at this point. | |
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Kay Denney France Local time: 19:29 French to English
I have no idea of the percentage and no interest in working it out (there's a reason why I became a translator and not an accountant!). I pay my dues here and to the French translators' society, and last year I bought a new laptop and a CAT tool, and that's about it. I meant to send Wikipedia a donation during their donation drive and I forgot, so I'll send extra next time. | | | Nikolay Novitskiy Russian Federation Local time: 22:29 Member (2018) English to Russian
I translate and test video games, and I have to invest a lot in hardware: an up-to-date gaming PC, 2 smart devices, a laptop, 2 large monitors and a spacy and comfortable workplace. | | | To report site rules violations or get help, contact a site moderator: You can also contact site staff by submitting a support request » Poll: How much of your income do you invest into your business? CafeTran Espresso | You've never met a CAT tool this clever!
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