{"id":525,"date":"2021-12-22T12:36:14","date_gmt":"2021-12-22T12:36:14","guid":{"rendered":"https:\/\/xn--kntjmestari-l8aacb.fi\/km\/main\/chapter-7-profitability-is-the-key\/"},"modified":"2022-10-06T17:35:40","modified_gmt":"2022-10-06T17:35:40","slug":"chapter-7-profitability-is-the-key","status":"publish","type":"page","link":"https:\/\/xn--kntjmestari-l8aacb.fi\/km\/en\/main\/chapter-7-profitability-is-the-key\/","title":{"rendered":"CHAPTER 7 \u2013 PROFITABILITY IS THE KEY"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;3.22&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.14.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.14.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_post_title meta=&#8221;off&#8221; featured_image=&#8221;off&#8221; _builder_version=&#8221;4.14.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_post_title][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;1_2,1_2&#8243; _builder_version=&#8221;3.25&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text _builder_version=&#8221;4.14.7&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<div id=\"page-zones__main-widgets__content1\" class=\"content widget js-widget\" data-name=\"content\" data-uniqueid=\"RXNrT1joUevsXNI\" data-parentuniqueid=\"YSPWUvEK2DJySsh\">\n<div class=\"bk-content-text js-text-content wysihtml-editor-content\">\n<h2>INTRODUCTION<\/h2>\n<\/div>\n<\/div>\n<div id=\"page-zones__main-widgets__responsivecolumns2\" class=\"responsivecolumns widget js-widget columns-two-66-34\" data-name=\"responsivecolumns\" data-uniqueid=\"tfDmeG3wHBQ7tuu\" data-parentuniqueid=\"YSPWUvEK2DJySsh\">\n<section id=\"page-zones__main-widgets__responsivecolumns2-zones__column\" class=\"bk-zone column columns-two-left\" data-uniqueid=\"u699ocf00qHvW4U\" data-parentuniqueid=\"tfDmeG3wHBQ7tuu\">\n<div id=\"page-zones__main-widgets__responsivecolumns2-zones__column-widgets__content\" class=\"content widget js-widget\" data-name=\"content\" data-uniqueid=\"uhG0WU5oylT6oUO\" data-parentuniqueid=\"u699ocf00qHvW4U\">\n<div class=\"bk-content-text js-text-content wysihtml-editor-content\">\n<p>Pricing and profitability are the cornerstones of self-employment. This chapter takes a hands-on approach to self-employment and gives you food for thought. These are things even the most experienced translators reflect on, as well they should, because of the ever-changing nature of our field. Generally, the purpose of working is to earn a living. If you can\u2019t make ends meet, you should consider your options for rectifying the situation. Hopefully this chapter will provide some assistance.<\/p>\n<p>This chapter will not, however, present any profitability calculation models, as there are plenty of up-to-date and ready-to-use templates available on the internet. Choose the one that best suits your needs or create one for yourself in Microsoft Excel, for example.<\/p>\n<p>Contents of Chapter 7:<br \/>\n<a href=\"https:\/\/xn--kntjmestari-l8aacb.fi\/km\/en\/main\/chapter-7-profitability-is-the-key\/rates-and-profitability\/\">Rates and Profitability<\/a><br \/>\n<a href=\"https:\/\/xn--kntjmestari-l8aacb.fi\/km\/en\/main\/chapter-7-profitability-is-the-key\/price-level\/\">Price Level<\/a><br \/>\n<a href=\"https:\/\/xn--kntjmestari-l8aacb.fi\/km\/en\/main\/chapter-7-profitability-is-the-key\/price-image\/\">Price Image<\/a><br \/>\n<a href=\"https:\/\/xn--kntjmestari-l8aacb.fi\/km\/en\/main\/chapter-7-profitability-is-the-key\/advance-payment\/\">Advance Payment<\/a><br \/>\n<a href=\"https:\/\/xn--kntjmestari-l8aacb.fi\/km\/en\/main\/chapter-7-profitability-is-the-key\/pro-bono\/\">Translating Pro Bono?<\/a><\/p>\n<\/div>\n<\/div>\n<\/section>\n<\/div>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_image src=&#8221;https:\/\/xn--kntjmestari-l8aacb.fi\/km\/wp-content\/uploads\/2021\/12\/kaantaja_i_luku1_luku7_luku7_luku7_luku7.jpg&#8221; title_text=&#8221;kaantaja_i_luku1_luku7_luku7_luku7_luku7&#8243; _builder_version=&#8221;4.14.2&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>INTRODUCTION Pricing and profitability are the cornerstones of self-employment. This chapter takes a hands-on approach to self-employment and gives you food for thought. These are things even the most experienced translators reflect on, as well they should, because of the ever-changing nature of our field. Generally, the purpose of working is to earn a living. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":386,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"class_list":["post-525","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CHAPTER 7 \u2013 PROFITABILITY IS THE KEY - The Translator&#039;s Guide to the Industry<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/xn--kntjmestari-l8aacb.fi\/km\/en\/main\/chapter-7-profitability-is-the-key\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CHAPTER 7 \u2013 PROFITABILITY IS THE KEY - The Translator&#039;s Guide to the Industry\" \/>\n<meta property=\"og:description\" content=\"INTRODUCTION Pricing and profitability are the cornerstones of self-employment. This chapter takes a hands-on approach to self-employment and gives you food for thought. These are things even the most experienced translators reflect on, as well they should, because of the ever-changing nature of our field. Generally, the purpose of working is to earn a living. [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/xn--kntjmestari-l8aacb.fi\/km\/en\/main\/chapter-7-profitability-is-the-key\/\" \/>\n<meta property=\"og:site_name\" content=\"The Translator&#039;s Guide to the Industry\" \/>\n<meta property=\"article:modified_time\" content=\"2022-10-06T17:35:40+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/xn--kntjmestari-l8aacb.fi\\\/km\\\/en\\\/main\\\/chapter-7-profitability-is-the-key\\\/\",\"url\":\"https:\\\/\\\/xn--kntjmestari-l8aacb.fi\\\/km\\\/en\\\/main\\\/chapter-7-profitability-is-the-key\\\/\",\"name\":\"CHAPTER 7 \u2013 PROFITABILITY IS THE KEY - The Translator's Guide to the Industry\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/xn--kntjmestari-l8aacb.fi\\\/km\\\/#website\"},\"datePublished\":\"2021-12-22T12:36:14+00:00\",\"dateModified\":\"2022-10-06T17:35:40+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/xn--kntjmestari-l8aacb.fi\\\/km\\\/en\\\/main\\\/chapter-7-profitability-is-the-key\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/xn--kntjmestari-l8aacb.fi\\\/km\\\/en\\\/main\\\/chapter-7-profitability-is-the-key\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/xn--kntjmestari-l8aacb.fi\\\/km\\\/en\\\/main\\\/chapter-7-profitability-is-the-key\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Etusivu\",\"item\":\"https:\\\/\\\/xn--kntjmestari-l8aacb.fi\\\/km\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The Translator&#8217;s Guide to the Industry\",\"item\":\"https:\\\/\\\/xn--kntjmestari-l8aacb.fi\\\/km\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"CHAPTER 7 \u2013 PROFITABILITY IS THE KEY\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/xn--kntjmestari-l8aacb.fi\\\/km\\\/#website\",\"url\":\"https:\\\/\\\/xn--kntjmestari-l8aacb.fi\\\/km\\\/\",\"name\":\"The Translator's Guide to the Industry\",\"description\":\"practical guidebook for translation and interpreting\\nstudents and beginners\",\"publisher\":{\"@id\":\"https:\\\/\\\/xn--kntjmestari-l8aacb.fi\\\/km\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/xn--kntjmestari-l8aacb.fi\\\/km\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/xn--kntjmestari-l8aacb.fi\\\/km\\\/#organization\",\"name\":\"K\u00e4\u00e4nt\u00e4j\u00e4mestarit\",\"url\":\"https:\\\/\\\/xn--kntjmestari-l8aacb.fi\\\/km\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/xn--kntjmestari-l8aacb.fi\\\/km\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/xn--kntjmestari-l8aacb.fi\\\/km\\\/wp-content\\\/uploads\\\/2021\\\/12\\\/logo.jpg\",\"contentUrl\":\"https:\\\/\\\/xn--kntjmestari-l8aacb.fi\\\/km\\\/wp-content\\\/uploads\\\/2021\\\/12\\\/logo.jpg\",\"width\":509,\"height\":530,\"caption\":\"K\u00e4\u00e4nt\u00e4j\u00e4mestarit\"},\"image\":{\"@id\":\"https:\\\/\\\/xn--kntjmestari-l8aacb.fi\\\/km\\\/#\\\/schema\\\/logo\\\/image\\\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"CHAPTER 7 \u2013 PROFITABILITY IS THE KEY - The Translator's Guide to the Industry","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/xn--kntjmestari-l8aacb.fi\/km\/en\/main\/chapter-7-profitability-is-the-key\/","og_locale":"en_US","og_type":"article","og_title":"CHAPTER 7 \u2013 PROFITABILITY IS THE KEY - The Translator's Guide to the Industry","og_description":"INTRODUCTION Pricing and profitability are the cornerstones of self-employment. This chapter takes a hands-on approach to self-employment and gives you food for thought. These are things even the most experienced translators reflect on, as well they should, because of the ever-changing nature of our field. Generally, the purpose of working is to earn a living. [&hellip;]","og_url":"https:\/\/xn--kntjmestari-l8aacb.fi\/km\/en\/main\/chapter-7-profitability-is-the-key\/","og_site_name":"The Translator's Guide to the Industry","article_modified_time":"2022-10-06T17:35:40+00:00","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/xn--kntjmestari-l8aacb.fi\/km\/en\/main\/chapter-7-profitability-is-the-key\/","url":"https:\/\/xn--kntjmestari-l8aacb.fi\/km\/en\/main\/chapter-7-profitability-is-the-key\/","name":"CHAPTER 7 \u2013 PROFITABILITY IS THE KEY - The Translator's Guide to the Industry","isPartOf":{"@id":"https:\/\/xn--kntjmestari-l8aacb.fi\/km\/#website"},"datePublished":"2021-12-22T12:36:14+00:00","dateModified":"2022-10-06T17:35:40+00:00","breadcrumb":{"@id":"https:\/\/xn--kntjmestari-l8aacb.fi\/km\/en\/main\/chapter-7-profitability-is-the-key\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/xn--kntjmestari-l8aacb.fi\/km\/en\/main\/chapter-7-profitability-is-the-key\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/xn--kntjmestari-l8aacb.fi\/km\/en\/main\/chapter-7-profitability-is-the-key\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Etusivu","item":"https:\/\/xn--kntjmestari-l8aacb.fi\/km\/en\/"},{"@type":"ListItem","position":2,"name":"The Translator&#8217;s Guide to the Industry","item":"https:\/\/xn--kntjmestari-l8aacb.fi\/km\/en\/"},{"@type":"ListItem","position":3,"name":"CHAPTER 7 \u2013 PROFITABILITY IS THE KEY"}]},{"@type":"WebSite","@id":"https:\/\/xn--kntjmestari-l8aacb.fi\/km\/#website","url":"https:\/\/xn--kntjmestari-l8aacb.fi\/km\/","name":"The Translator's Guide to the Industry","description":"practical guidebook for translation and interpreting\nstudents and beginners","publisher":{"@id":"https:\/\/xn--kntjmestari-l8aacb.fi\/km\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/xn--kntjmestari-l8aacb.fi\/km\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/xn--kntjmestari-l8aacb.fi\/km\/#organization","name":"K\u00e4\u00e4nt\u00e4j\u00e4mestarit","url":"https:\/\/xn--kntjmestari-l8aacb.fi\/km\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/xn--kntjmestari-l8aacb.fi\/km\/#\/schema\/logo\/image\/","url":"https:\/\/xn--kntjmestari-l8aacb.fi\/km\/wp-content\/uploads\/2021\/12\/logo.jpg","contentUrl":"https:\/\/xn--kntjmestari-l8aacb.fi\/km\/wp-content\/uploads\/2021\/12\/logo.jpg","width":509,"height":530,"caption":"K\u00e4\u00e4nt\u00e4j\u00e4mestarit"},"image":{"@id":"https:\/\/xn--kntjmestari-l8aacb.fi\/km\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/xn--kntjmestari-l8aacb.fi\/km\/en\/wp-json\/wp\/v2\/pages\/525","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/xn--kntjmestari-l8aacb.fi\/km\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/xn--kntjmestari-l8aacb.fi\/km\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/xn--kntjmestari-l8aacb.fi\/km\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/xn--kntjmestari-l8aacb.fi\/km\/en\/wp-json\/wp\/v2\/comments?post=525"}],"version-history":[{"count":5,"href":"https:\/\/xn--kntjmestari-l8aacb.fi\/km\/en\/wp-json\/wp\/v2\/pages\/525\/revisions"}],"predecessor-version":[{"id":895,"href":"https:\/\/xn--kntjmestari-l8aacb.fi\/km\/en\/wp-json\/wp\/v2\/pages\/525\/revisions\/895"}],"up":[{"embeddable":true,"href":"https:\/\/xn--kntjmestari-l8aacb.fi\/km\/en\/wp-json\/wp\/v2\/pages\/386"}],"wp:attachment":[{"href":"https:\/\/xn--kntjmestari-l8aacb.fi\/km\/en\/wp-json\/wp\/v2\/media?parent=525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}