Working from home as a transcriptionist can be a fun and exciting career for those who have excellent attention to detail and a strong work ethic. The following questions will help you determine whether or not working from home is a good fit for you.
1. Will I Like Transcription?
Transcription requires accuracy, discretion, confidentiality, and the ability to work quickly and efficiently while meeting deadlines and producing transcripts that are of the highest quality. Your work must be exact and meet the highest standards. If you like the attention to detail and have the desire to meet or exceed your client’s expectations, then transcription is for you!
Take a free quiz on our website to find out.
2. What Skills Do I Need?
You will need to be able to type at a high skill level. This includes accuracy, efficiency and the ability to constantly meet tight deadlines. You will be required to be as professional as possible at all times. Your spelling, punctuation and grammar skills should be finely honed. You should also be proficient in both phone and office etiquette.
3. What Are the Benefits of Working From Home?
Working from home offers many benefits, including working at your own pace and according to your own schedule. You have no commute time and the comforts of home are easily accessible. You do not have to worry about sick days or if your children miss school. Working from home allows you the freedom to take breaks as they are needed, allowing you to relax and return to work refreshed.
4. Earning Potential
Depending on your skill level and expertise, you can expect to earn anywhere from $20 to $45 an hour as an at home transcriptionist. In the beginning, your pay will be on the low end of the scale. The more clients and experience you get, the higher your pay will be. When you start to prove your skill and earn a reputation for timely, quality service, you will be able to charge higher rates.
5. Career Opportunities
Whether you choose legal, medical or corporate, you career opportunities are endless if you put in the hard work and effort to keep your business moving forward. You can work within the court system or as a medical transcriptionist. Create a mobile transcription service and meet clients at their location for added opportunities.
6. Becoming A Transcriptionist
In order to understand the job and its requirements, it is important that you receive the proper training. Once you have been trained, take the test and become certified within your state. This not only allows you to become bonded, it also gives you credibility and will help you to build a solid reputation.
You can also read: Everything You Need to Get Started On a Transcription Career
7. Where Do I Look for a Job?
Jobs are available in almost every area. Search local listings. Provide your information to local professional groups, like the Chamber of Commerce. Ask professionals that you transcribe for to refer other people to you. Word of mouth is the best advertising and it’s free. Put your name on local job boards. Hand out business cards at professional offices. Introduce yourself at meetings and social events.
8. How Do I Pay Taxes on a Home Based Transcription Business?
You will be responsible for your own taxes. This means keeping highly detailed records and making arrangements for payment on a quarterly, semi-annual or annual basis. You will be required to keep an accurate record of all of your business expenses and income.
9. What Equipment Will I Need?
To be efficient as a home-based transcriptionist, you will need a reliable computer. The choice between a laptop and desktop is a personal choice. It may be beneficial, however, to have both. You will need a recording system as well as a printer, and other office equipment. You will want a comfortable desk and chair that makes working long hours tolerable.
Here’s the list of necessary transcription equipment for transcribers.
10. Can Transcription Be a Side Job?
Transcription can be an ideal side job for someone who has extra time. Although it is important to only take on the amount of work you can accomplish in the amount of time you have to dedicate to the job. Many jobs can be finished in a relatively short amount of time. It is important to schedule your time properly so that your clients get the quality of work they deserve.
If you are an experienced transcriber or translator looking for a job upload your resume on TCI job board to get found by recruiters.