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Notary Public Business Idea

Learning how to start a notary public business is the quintessential work-from-home opportunity that has only small start-up costs. Of course, there are a few legalities to observe when getting started — and also during day to day operations.

A notary public is considered a legal officer who certifies the authenticity of a signature. Any homeowner (who ever signed the reams of documents involved in obtaining a first or second mortgage) already knows that there are certain pages within the loan documents where a notary must sign and affix a seal.

In addition to the lending industry, a notary public also plays a big role in the court system, selected business transactions and of course the insurance industry.

How To Start A Notary Public Business – Getting Started

A basic requirement for becoming a notary public is the submission of an application to the secretary of state’s office. This includes an application fee, which varies by state, as well as mandatory participation at one- or two-day training seminars.

Perhaps the greatest initial expenditure is a notary public bond from an insurance agency that deals in notary policies. Charges vary by state, insurance agency and even municipality.

The costs of a notary seal, rubber stamp and notary journal are negligible. Remember that any freshly minted notary public must present the commission number for the seal to be made!

Factors For Success

Once certified, bonded and properly trained, it is easy to start a business. A notary public may operate as a sole proprietor, partnership, corporation or work as independent contractors who are on-call for a wide array of business ventures.

Frequently an entrepreneur will add a notary public designation as a sideline to an already established business.

For example, a paralegal may also undertake the steps needed for becoming a notary, which in turn makes her services a lot more valuable to attorneys, the courts and associated organizations. The same holds true for a realtor, administrative assistant, virtual assistant and also a medical transcription specialist.

Finding Customers For Your Notary Business

Advertising in the local phone book is a good start. Of course, word-of-mouth marketing is a must for this line of business. Online ads may offers some success but because this is a strictly offline business, the personal touch proves to be far more successful.

Another excellent method for cultivating additional clients is to branch out into the mobile notary field. Rather than offering the service strictly within an office setting, a mobile notary public visits consumers in their homes at times that are convenient to the clients.

This convenience endears the professionals to mortgage lenders and other companies that use the service as a selling point.

Discovering how to start a notary public business is only the first step in a potentially new career direction. There is no telling what the next big shift in the business climate might hold for notaries.

It is fair to assume that the up and coming changes of the health care system will increase the need for mobile notaries who also understand medical jargon. As such, it is a good idea to consider branching out into medical coding, terminology and transcription if you’re interested in learning how to start a notary public business.

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