It’s unwise to pay too much, but it’s worse to pay too little. When you pay too much, you lose a little money – that’s all. When you pay too little, you sometimes lose everything, because the thing you bought was incapable of doing the thing it was bought to do. The common law of business balance prohibits paying a little and getting a lot – it can’t be done. If you deal with the lowest bidder, it is well to add something for the risk you run, and if you do that you will have enough to pay for something better.” – John Ruskin

hidden-cost of-poor-translation
  • Damage to reputation
  • Wasted time/productivity
  • Cost of reworking translation
  • Negative impact on morale
  • Administration costs
  • Loss of credibility
  • Missed deadlines
  • Customer loyalty
  • Loss of sales
  • Conflicts

Source: Studies on Translation and Multilinguism – European Commission, 2012