This document summarizes a business plan presentation for a translation services company called Polyglot. Some key points: - Polyglot was established in 2014 and provides translation services for virtual enterprise firms seeking to expand internationally. - It has 21 diverse employees who speak 8 languages and provides accurate translations of various documents at affordable prices. - Financial projections show the company is exceeding its revenue, profit, and sales goals for the year and has enough liquidity to cover expenses. - The management team is well trained and uses strategic planning, controls, and an organizational chart to direct the company's operations.

1. The Business Plan
Presentation
April 14, 2015

2. COMPANY DESCRIPTION
• Opened on October 5, 2014
• Located at 465 New Dorp Lane, Staten Island, NY
• C-Corporation in NYS
• Provide translation services to all VE firms that intend
to sell their services internationally

3. COMPANY DESCRIPTION
• 21 Diverse Employees
• Speak 8 different languages
Urdu
Japanese
Chinese
Arabic Spanish
Russian
English
Albanian

4. OUR MISSION
Accurate
translation
Affordable
prices
Excellent
customer
service
Maintain
Profitability

5. SUMMARY/PURPOSE
• Focus
• Direction
• Future of the firm regarding:
-Financial / Managerial / Marketing
Standpoints

6. MARKETING STRATEGIES

7. PRODUCT
• Translation service that produces documents in
foreign languages
• We translate:
Brochures Flyers WebsitesCatalogs

8. Global Package (Includes the following)
$1000 / package
Contracts
$150 / page
Official Documents/Exams
$150 / page
Newsletters (two pages)
$350 / unit
Brochures (one page, double sided)
$250 / unit
Catalogue
$30 / page
Flyers
$100 / unit
Business Cards
$30 / unit
Pricing
Pricing Strategy = Penetration Pricing

9. PLACEMENT
Forms of Placement
• Trade fairs sales
• E-commerce sales
• Non-VE sales

10. POSITION
• A partner to all VE firms that wish to expand
their market internationally

11. PROMOTION
Social Networking
E-mail
Phone/Fax
Trade Shows
Promotional
Campaign
Sale SurveysNewsletters

12. BREAK-EVEN ANALYSIS
• Break-even point is
$493,231.54 and 1419 sales
• Average selling price to be
$347.78
• Average cost of goods sold at
$13.47
• Fixed expenses totaling
$474,128

13. CASH BUDGET ANALYSIS
ACTUAL VS PROJECTED
Actual
As of 2/28/15
Projected
As of 4/30/15
Starting Balance 10/1/14 $0.00 $0.00
Cash Inflows $841,087.73 $1,061,330.70
Cash Outflows ($431,652.69) ($659,017.31)
Ending Cash Balance
$409,435.04 $402,313.39
• We already reached 79% of our projected inflows

14. INCOME STATEMENT ANALYSIS
ACTUAL VS PROJECTED
Actual
As of 2/28/15
Projected
As of 4/30/15
Gross Revenue $541,747.51 $761,760.00
Cost of Goods Sold $0.00 $37,359.84
Gross Profit $541,747.51 $726,920.16
Expenses ($391,605.40) ($480,813.92)
Net Income - Before Taxes $150,142.11 $246,106.24
• We already earned 71% of our projected revenue

15. Balance Sheet Analysis
Actual
2/28/15
Projected
4/30/15
%
Current
Assets
$423,728.24 $454,725.08 93%
Total
Assets
$468,186.81 $508,211.65 92%
Total
Liabilities
$18,044.70 $41,336.84 43%
Total
Owner’s
Equity
$450,142.11 $466,874.81 96%
Total Current Assets $423,728.24 $454,725.08
Total Assets $468,186.81 $508,211.65
Total Liabilities $18,044.70 $41,336.84
Total Owner’s Equity $450,142.11 $466,874.81

16. MANAGEMENT FUNCTIONS
Polyglot’s
Management
Functions
Organization
DirectingPlanning
Controlling

17. ORGANIZATION
CHART Jodi Goertz
Director of Operations
Jordan Leung
Chief Executive Officer
Kristen
Weidlein
Assistant Manager
Johnny Lopez
Corporate
Fundraising
Janay Peterkin
Assistant
Manager
Nada Eladma
Associate
Winson Tong
Accounting Manager
Carmelo
Peluso
Associate
Lin Lin
Assistant
Manager
Joseph Furer
Sales Manager
Sara Husein
Marketing Manager
Sejda Cenaj
Human Resources
Manager
Ronald Briggs
Auditing Manager
Andrew Purcell
Assistant
Manager
Justen
McDonald
Associate
Angel Sanchez
Associate
Luis Gomez
Associate
Robert Gough
Associate
Sofia Colacurto
Assistant
Manager
Dana Keddy
Associate
Bazil Nadeem
Associate
2015

18. ORGANIZATION
• Manager + Assistant Manager
• Daily meetings  keep on the same page
+ avoid duplication/confusion

19. DIRECTING
Manager:
• 2-Way communication
• 6 month leadership training program
• Motivate employees
Bonus points Bonus pointsPublic recognition

20. CONTROLLING
Preliminary
Controls
Feedback
Controls
Concurrent
Controls

21. PRELIMINARY CONTROLS
• HR screens prospective employees prior
to interviews
• Educate prospective employees on
company’s manual

22. CONCURRENT CONTROLS
• Daily staff meetings • Auditors report to Senior
Management

23. FEEDBACK CONTROLS
• Performance evaluations
• Customer satisfaction surveys

24. PLANNING
• Generate $300,000 in non-VE sales in the Fall
of 2014
• Earn minimum $200,000 in Trade Fairs
• Reach Break-even point by January 2015
• Reduce Paper usage
• Purchase high-quality equipment
• Earn 100% satisfaction

25. CURRENT ECONOMIC
CONDITIONS
• U.S. $ = at greatest in 11 years
• Unemployment rate to 5.5% / lowest since July 2008
• Oil approx. $50 / barrel & lowest value in 5 years.
• DOW = 17000+
• Interest rates = .25% from FED
• Prime Rate = 3.25%
• Wage growth = 2%
• Overall 2014 GDP = +2.4%

26. TARGET MARKET
• VE firms worldwide that wish to increase
international business
• Over 5,000 potential clients worldwide
• We focus on firms that attend international
trade shows

27. MARKET SEGMENTATION
Demographics
- VE firms with
VE employees
aged 17 - 20
- High School
administrators
Psychographic
- VE employees
seeking to
communicate
effectively in
foreign
languages
- Businesses
looking to
present a more
professional
image
Behavioral
- Those
attending trade
fairs
- Impulsive
buyers that wait
for a bargain
Geographic
- VE firms &
employees
from:
- New York
- Continental
U.S.
- Europe

28. REAL INDUSTRY ANALYSIS
• Predicted growth of 42% from 2010-2020
• $39B in revenue annually
• 3,000 translation companies in the US
• 7,000 new translation jobs
• 22,000 translation jobs in the US
• Translation services among INC’s 2014 “Best
Industries”

29. VIRTUAL INDUSTRY ANALYSIS
• Only 1 other translation company in the VE network
worldwide
• 20 countries participated in the Germany Trade Fair
this year
• 150 firms from over 15 countries participating in the
2015 NYC Trade Fair
Great opportunity for Polyglot
to increase its revenue

30. COMPETITIVE ANALYSIS
Direct Competition = WordWise from Belgium
BUT
They did not attend European Trade Fair

31. S.W.O.T. ANALYSIS
• We need to establish a
reputation quickly
• Limited work hours 
hinder revenue
production
Internal Weaknesses
External Threats
• Firms provide their
own translation
services
• New/existing
translation firm
External Opportunities
• Participating in three
trade fairs
• Alliances with firms
nationally and
internationally
Internal Strengths
• A diverse staff
• Debt-free
• Premium
translation
software program

32. BUSINESS RISKS
• Not reaching the Break-even point:
-turning into a potential loss for the firm
To mitigate:
Participate in local & international
Trade Fairs to guarantee increased
revenue

33. BUSINESS RISKS
• Inability to translate many languages in the
future due to a reduction in multilingual
staffing
To mitigate:
Pursue an extensive hiring process
that will employ multilingual
employees

34. IN SUMMATION
• Debt to Equity ratio of 1 : 25
• Enough liquidity to cover expenses
• A diverse staff w/ 8 languages
• Well trained management team
• An audit team to eliminate errors
• An aggressive sales and marketing approach
exceeded all expectations