Nicole Dean of Just Add Sweat shares how to start your own transcription business. If you are interested in Medical Transcription and/or Coding and Billing Training Click Here: Medical Transcription Training.
A Perfect Work from Home Home Opportunity: Start a Transcription Business
by Nicole Dean
If you’re looking for a business to start from home, working as a transcriptionist is an option that doesn’t require much in terms of office space, equipment or start up costs. A transcriptionist is an individual who types verbatim (word-for-word) something that’s been recorded on either a micro-cassette or digitally.
Special transcription software and equipment helps the transcriptionist listen to the recorded material for tape players and digital files. Both generally use a foot-pedal that attaches to the transcriber or the computer and it allows the transcriptionist to start, stop, go back, and slow down the recorded material to keep their hands free for typing. Most transcriptionists also utilize a highly sensitive headset so that the recording is clearer to hear and understand.
As a transcriptionist, you should have a keen sense of hearing and sight, excellent grammar and fast typing skills. You should also be able to work well under tight deadlines, be able to work by independently for most of the time and handle the repetition of typing, which can be a strain on the hands and wrists and the back from sitting for long periods of time. A sharp eye for detail is also essential to this job.
If you want to start a home based business doing transcription, here are some ideas to get you started:
· Get training in transcription & typing. It’s important to get the proper training in order to become a skilled transcriptionist. Check out the local colleges, online programs and be sure to pick up a copy of the Transcription Starter Pack.
· Write a business plan. Just like any other business, a business plan outlining how and what services you plan to offer is essential for clarity, setting up your marketing plan and acquiring business capital if it is needed.
· Set up a home office with the proper equipment. Transcriptionists need some specialized equipment. In addition to having a complete home office, you will need to invest in a reliable transcriber, software, and foot pedal.
· Market your services. You can either get work through a large national transcription company or you can find your own clients to work directly with. A good place to start looking is with any business that involves recording of meetings, notes, research studies or educational materials.
Be sure to set up a website where potential clients can learn more about your services, read testimonials and more. Make sure you also have business cards handy as well.
Let others know who you are and what you do. Often, the best clients come from word-of-mouth. Also, always ask your satisfied clients for referrals.
Transcription is in high demand in the US and according to the Department of Labor statistics, transcriptionist jobs are growing at a higher than average rate. Being a transcriptionist is a career that is easily managed in a work from home setting, which makes it a very attractive opportunity.
Recommended Additional Resource:
To find out exactly what it takes to start a transcription business, step-by-step, sign up to receive your Transcription Starter Pack. You’ll find out how to get clients, set your prices and grow your business.
If you are interested in Medical Transcription and/or Coding and Billing Training Click Here: Medical Transcription Training.
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