How to find out if a US agency is going bankrupt
Thread poster: linda132

linda132
United States
Local time: 03:38
English to Spanish
Nov 7, 2011

Hello, does anyone know how a freelance interpreter can find out if/when a US agency s/he works for is going bankrupt? Any suggestions? Thank you.

 

Nicole Schnell  Identity Verified
United States
Local time: 03:38
English to German
+ ...
In memoriam
Talk to your CPA Nov 7, 2011

CPAs have access to all kinds of data. Of course, you could pay a fee and perform a credit check on this particular outsourcer, but I would talk to my CPA first.

 

Jennifer Forbes  Identity Verified
Local time: 11:38
Member (2006)
French to English
+ ...
CPA? Nov 7, 2011

What/who is a CPA, please?
Jenny


 

Valerie35 (X)
Local time: 12:38
German to English
CPA is a ... Nov 7, 2011

Jenny Forbes wrote:

What/who is a CPA, please?
Jenny


Certified Public Accountant


 

Nicole Schnell  Identity Verified
United States
Local time: 03:38
English to German
+ ...
In memoriam
CPA Nov 7, 2011

Jenny Forbes wrote:

What/who is a CPA, please?
Jenny


A Certified Public Accountant. Your tax preparer.


 

Edward Vreeburg  Identity Verified
Netherlands
Local time: 12:38
Member (2008)
English to Dutch
+ ...
Blue Board rating should go down Nov 7, 2011

otherwise you can actively contact other translators who work for this agency / client...
If it takes longer and longer to receive payment for your invoices, you get all sorts of funny excuses, they ask you for discounts and have a feeling this is not right, they probably have some cash-flow problems.

If you've worked for them for a while, you might just ask them plainly - if they are honest, they should give you an honest answer - especially if they are your main client ! ..
... See more
otherwise you can actively contact other translators who work for this agency / client...
If it takes longer and longer to receive payment for your invoices, you get all sorts of funny excuses, they ask you for discounts and have a feeling this is not right, they probably have some cash-flow problems.

If you've worked for them for a while, you might just ask them plainly - if they are honest, they should give you an honest answer - especially if they are your main client ! .... better start looking for new work....

Ed
Collapse


 

linda132
United States
Local time: 03:38
English to Spanish
TOPIC STARTER
Thank you Edward, Nicole, Jenny Nov 7, 2011

I will talk to my CPA today and ask my colleagues for more information. Enjoy your day.

 


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