Now that you're better informed, you can make some different decisions going forward. I agree with the others about being cautious before investing in a bunch of expensive equipment. Short term, you might still be able to get some good value from your commission by focusing on your General Notary Work (GNW) dealing with the public, as Cheryl suggested. Get your business cards and name out there with people and companies who need notary services. You likely won't need additional overhead (although there are always costs involved with promoting any business).
One thing where I disagree with others is focusing immediately on marketing to title and escrow companies before you have some good experience under your belt. When you work direct, which is the ideal place to be, they expect you to already know your business inside and out, and have little patience for learning curves and/or mistakes. So you could burn your bridges that way before you even get started.
You haven't mentioned anything about your circumstances or background, but if finding a full time job is a possibility for you, that may be your best bet in this economy. Perhaps you could even find something where having a notary commission would be an asset.
Best of luck! |
