Transcription is the art of converting recorded audio or video files into a text format. It requires the ability of hearing the audio version quite perfectly and converting into written form in a consistent manner. There are various kinds of transcription services available like medical, legal, business, general, academic transcription. Some needs no specialized background, but some other transcription services like medical transcription, legal transcription need a good background in those respective fields.
'Working from home' is a very common phrase used in developed countries like United States. It is now slowly getting spread in other developing countries. Thanks to the increasing access of the internet all across the world, millions of people are looking for opportunities where they can make good amount of money sitting at home and transcription service is an ideal option for them.
While academic transcription and business transcription needs no specialized study, medical transcription requires knowledge of the medical terminologies used. If you have a strong understanding of medical terminology and procedures, you can turn that expertise into a successful career in medical transcription.
It is not at all difficult to start a work from home transcription business. Compared to many other home-based businesses, the start-up costs are relatively low in transcription services. One can do an online course, though no degree is required to start a business. All you need to start a transcription service business includes a computer, a printer, transcriber and some reference books. The skills you should require includes good grammar skills, listening skills, ability to type, basic knowledge on computer and the ability to meet the deadlines.
Transcription service as a career is ideal for a home-based entrepreneur. Investment is minimal as there is no need to open an office. No commuting cost, no strategic location is required. All you need is commitment, determination and willingness to work to make a successful career out of it.