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Internetoffersimmensepotentialtomakemoney.Providingservicesisoneofmostpopularwaysformakingquickmoneyoninternet.Itrequirescertaintrainingandexperiencewhichsometimesprovesinconvenientanddifficult.Somepeoplehavetypingskillsandarekeentostarttheironlinebusiness,preferablyworkingfromhome.Startingatranscriptionbusinessismucheasiersinceitdoesnotrequiremuchtrainingandexpertise.Alsoitisveryeconomicalsinceitrequireslittlestart-upcost.

WhatisTranscription?

TranscriptionServicehasaveryoldhistory.Itstartedfromsecretariestakingnotesinshorthandandtranscribingitontypewriter.Later,itwasreplacedbyDictaphonesandTapes.Transcriptionservicehasdevelopedlongwayovertheyears.Nowistheageofdigitaltranscription.DigitalTranscriptionistheactoflisteningtothespokenwordsandtypingwhatisheardintoawordprocessingdocumentforlateruse.WithongoingdevelopmentofComputerTechnologyandintroductionofwordprocessingprogramsweareinabetterpositiontosaveandtra

nsmitvoicefilesindifferentformats.SmallvoicefilescanbeemailedoritcanbesenttoyouviaaFTPserver(filetransferprotocol).Somewebsitesprovidethisfacility.SendthisfileallowsthisfacilityfreeofchargeandSmartftphasanominalannualcostforthisservice.

DifferentTypesofTranscription.

Generaltranscriptionincludestranscribingspeeches,religioussermons,insuranceandmeetingminutes.Groupdiscussions,interviewsfocusgroups,telephoneconferences,educationalseminarsetc.Abilitytotypefastandaccurately,strongvocabulary,excellentspellingandgrammarskills,andfamiliaritywithwordpr

ocessingsoftwarearethebasicskillsrequiredbyagoodtranscriptionist.

Legaltranscriptionisaspecializedtypeoftranscription.Itrequirestranscriptionofdifferentkindsoflegaldocuments,suchascourthearings,lawenforcementinvestigations,legaldepositionsandinterrogationsetc.Inadditiontotheaboveskills,alegaltranscriptionistisalsoexpectedtobefamiliarwithlegalterminologyandtheformattingofdifferentlegaldocuments.

Medicaltranscriptionisahighlyspecializedtranscriptionfield.MedicaltranscriptioncoversavastfieldwhichincludesDoctorOfficenotes,X-rayreports,

operationreports,emergencyroomreports,psychiatricevaluations,clinicalreports,lab&pathologicalreportsetc.Medicaltranscriptiondoesrequireadvancedtrainingandthoroughknowledgeofmedicalterminology.

Tobecomeasuccessfultranscrptionistyouneedtopossessgoodlisteningskillandtheabilitytolistenandtypesimultaneously.

Beforeyouproceedwithyournewtranscriptionbusiness,pleaseconsidersomeimportantaspects:

1.Consideryourstartupcost:Youwillneedsomebasicequipmentslikevoicerecordingmachine,computer,footcontrolpedal,telephonerecording,broad-bandconnection,microphone,printeretc.Ifyouareoptingformedicaltranscription,

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youwillrequiremedicaldictionariesandreferencematerialstoo.

2.Acquirebasictraining:Ifyoulearnoperatingspecializedequipmentitmayhelpmakingyourjobmucheasierandfaster.MedicalandLegaltranscriptionrequiresfamiliarizationwithspecializedterminology.Therearereputedinstitutionsreadytohelpyouacquiretheskillsrequiredforasuccessfultranscriptionis

t.

3.Planyourrevenuegenerationstrategy:Normalpracticeistopayatranscriptionistbyaudiohourorbythepage.MedicalorLegaltranscriptionattractsbetterratesbasedonskillandabilitytodeliverthetranscriptstimelyandaccurately.

So,getreadytomoveonwithyournewtranscriptionbusiness.Bestofluck!

AnneShawistheCEOofhttp://www.transcriptionvendors.com/,aSantaAna,Californiabasedtranscriptioncompany,whichattemptstobringtranscriptionproviders,generalcustomersandtranscriptioniststogetheronacommonplatform.Apartfromprovidingtranscriptionservices,TranscriptionVendorsalsoprovideslegaltranscription,businesstranscriptionandconferencetranscription.