1
OUR COMPANY IN AUGUST 2020
Once again, we have surpassed our sales target to reach 101% in July. The global crisis does not seem to stop us despite the grim prospects ahead of the second wave of COVID.
As it stands, the sales expansion campaign which we started back in February is about to end and we believe that doing so will leverage our revenue stream tremendously in the mid term.
The global campaign aiming at WPP group entities will end at the end of the month. The number of hot leads acquired within WPP alone is impressive, nearly 200 hot leads (i.e . 200 new WPP offices) within the EMEA/APAC region, nearly 100 offices within the NAM/LatAm region.
We have made the decision, speaking with investors, to shift our activity from now on towards our main entity YA-HUB TRANSLATIONS (translation of documents, contracts, technical manuals, …., websites, 80% of revenue) and YA-HUB DIGITAL (optimizing websites for search, keywords for paid search, social media pages/posts in 130 languages), prior to launching our groundbreaking AI and SaaS based workflow platform which will then create an exponential new source of revenue through passive income.
Our consultancy YA-HUB CONSULTING (market entry) will therefore be re-launched at a later time once we grow market shares and consolidate profits around the core business.
2
FOCUS!
The focus is now on developing our 2 main entities, through expansion sales and of course public tenders, which the company is now ready to bid for, in terms of organization and cash flow. We are now well equipped to manage and win these tenders. Tenders amount from $200,000 to $2,000,000 per contract so it’s a no-brainer that we must be submitting more and more bids from now on.
More collaborations are on the way as we officially became part of RHF-ScaleUpArena – which aim is to help “transform” our business into an attractive million dollars company – way to go and thanks to Mike Bradley and Ian Hunter for their support!
Finally – to help raise awareness around our name and brand, social media and blogging will remain strong. Luckily we are 100% online-based so the need to go out and expose ourselves during trade shows, conferences and networking events alike is less than for other companies and industries. We will live with that and still thrive.
August 07, 2020 update.