in starting a notary business. First, take all the general notary work you can in your community to strengthen your knowledge of notary procedures and various documents. You can't be a good loan signing agent until you're an excellent NOTARY.
Visit with your local SCORE chapter. They will help you develop a Business Plan that will help you determine what fees will make you profitable, taking into account expenses, competition, taxes, etc. There's a goodly amount of startup costs with office equipment, various state/local registration requirements, business cards/website/advertising, insurance, etc.
Put your zip code into the Find A Notary tab here on NotRot, and get an idea of how much competition you already have in your area; look at their profiles and see how they market themselves.
You need to consider this with your eyes wide open; it's not nearly the cakewalk some make it out to be. There's plenty of potential liability if you don't know what you're doing. |
