notary public business plan example

Notary Public Business Plan Template

Written by Dave Lavinsky

Notary Public Business Plan

You’ve come to the right place to create your Notary Public business plan.

We have helped over 1,000 entrepreneurs and business owners create business plans and many have used them to start or grow their Notary Public businesses.

Below is a template to help you create each section of your Notary Public business plan.

Executive Summary

Business overview.

One-Day Notary Public Service is a startup notary public business located in Pierre, South Dakota. The company is founded by Kathy Porporia, a notary public who has been employed in the business sector for over ten years. She generated a thirty percent increase in her employer’s business by using her skills and social engagement talents to acquire and keep clients. Many businesses in Pierre have come to rely solely on Kathy for all notary public needs.

One-Day Notary Public Service will provide a wide selection of services from which customers may choose, including notarizing legal documents, affidavits, contracts, and more. As a result of the growth rate of clients who request her services, Kathy determined that it is the right and best time to launch her own business and capture the eager audience she already has slated as potential customers. Many of these same businesses and individuals have already committed to following Kathy to her new startup company.

Product Offering

The following are the services that One-Day Notary Public Service will provide:

• One-day service guarantee
• Mobile service within city and surrounding areas of Pierre
• Notarizing legal documents
• Legal contracts
• Identity verification
• Administration of oaths and affirmations
• Certifying copies of documents

Customer Focus

One-Day Notary Public Service will target all residents and businesses in Pierre and the surrounding areas of the city. They will target attorneys and law firms. They will target businesses who require legally-binding contracts. They will target individuals who are purchasing a home or traveling internationally. They will target residents who are required to verify their identity or affirm legal proceedings or documentation.

Management Team

One-Day Notary Public Service will be owned and operated by Kathy Porporia, a notary public who has been employed in the business sector for over ten years. She generated a thirty percent increase in her employer’s business by using her skills and social engagement talents to acquire and keep clients. Many businesses in Pierre have come to rely solely on Kathy for all notary public needs. Kathy has recruited Nahul Jahim and Cristy Baker to join her business.

Kathy Porporia holds a bachelor’s degree from the University of South Dakota in business management. She has fifteen years of experience as a notary public and has an extensive background in management and scheduling within a notary public as a result of her last ten years of employment. Kathy was often placed in temporary management positions when her employers traveled extensively; as a result, her management skills were developed and well-positioned to lead her own company.

Nahul Jahim is a graduate of Pierre College, where he obtained a bachelor’s degree in marketing. He has been a notary public for five years and formerly worked with Kathy at the same business. His role will be as a Senior Notary Public, assisting in both serving as a notary public and managing the business on behalf of Kathy and her staff.

Cristy Baker is certified as an administrative assistant and formerly worked with Kathy. She is adept at booking clients, understanding the legal or documentation needs of each client and running a smooth operation. Her role will be as the Senior Administrative Associate.

Success Factors

One-Day Notary Public Service will be able to achieve success by offering the following competitive advantages:

• Friendly, knowledgeable, and highly-qualified team of One-Day Notary Public Service
• Notarize legal documents, including contracts, affidavits, wills, and power of attorney documents.
• Verifying identity through identification checks and document verification.
• Administering oaths and affirmations for affidavits and statutory declarations.
• Providing certified copies of documents.
• Mobile notary services, offering on-site notarization for clients unable to visit our office.
• One-Day Notary Public Service offers the best pricing in town. Their pricing structure is the most cost effective when compared to the competition.

Financial Highlights

One-Day Notary Public Service is seeking $200,000 in debt financing to launch its One-Day Notary Public Service. The funding will be dedicated toward securing the office space and purchasing office equipment and supplies. Funding will also be dedicated toward three months of overhead costs to include payroll of the staff, rent, and marketing costs for the print ads and marketing costs. The breakout of the funding is below:

• Office space build-out: $20,000
• Office equipment, supplies, and materials: $10,000
• Three months of overhead expenses (payroll, rent, utilities): $150,000
• Marketing costs: $10,000
• Working capital: $10,000

The following graph outlines the financial projections for One-Day Notary Public Service.

Company Overview

Who is one-day notary public service.

One-Day Notary Public Service is a newly established, full-service notary public service in Pierre, South Dakota. One-Day Notary Public Service will be the most reliable, cost-effective, and efficient choice for residents and businesses in Pierre and the surrounding communities. One-Day Notary Public Service will provide a comprehensive menu of notary services for any resident or business to utilize. Their full-service approach includes a comprehensive set of services relating to legal documentation, oaths, verifications and certifications.

  One-Day Notary Public Service will be able to serve customers with one-day service and mobile service. The team of professionals are highly qualified and experienced in all notary services and the legal documents needed for completion. One-Day Notary Public Service removes all headaches and issues of finding and getting to a notary public and ensures all issues are taken care of expeditiously while delivering the best customer service.

One-Day Notary Public Service History

One-Day Notary Service is owned and operated by Kathy Porporia, a notary public who has been employed in the business sector for over ten years. She generated a thirty percent increase in her employer’s business by using her skills and social engagement talents to acquire and keep clients. Kathy Porporia holds a bachelor’s degree from the University of South Dakota in business management. She has fifteen years of experience as a notary public and has an extensive background in management and scheduling within a notary public as a result of her last ten years of employment. Kathy was often placed in temporary management positions when her employers traveled extensively; as a result, her management skills were developed and well-positioned to lead her own company.

Since incorporation, One-Day Notary Public Service has achieved the following milestones:

• Registered One-Day Notary Public Service, LLC to transact business in the state of South Dakota.
• Has a contract in place to lease a 10,000 square foot office in a midtown office building in Pierre.
• Reached out to numerous contacts to include One-Day Notary Service as their primary notary public service.
• Began recruiting a staff of three and two office personnel to work at One-Day Notary Service.

One-Day Notary Public Services

The following will be the services One-Day Notary Public Service will provide:

Industry Analysis

The notary public industry is expected to grow over the next five years to over $700 million. The growth will be driven by an increasing number of legal and regulatory requirements The growth will be driven by an increasing number of real estate transactions The growth will be driven by an increasing complexity of international transactions Costs will likely be reduced as paper and printing costs are eliminated Costs will likely be reduced as communication expenses drop Costs will likely be reduced as travel expenses drop

Customer Analysis

Demographic profile of target market, customer segmentation.

One-Day Notary Public Service will primarily target the following customer profiles:

• Businesses and residents within the city of Pierre and its surrounding communities
• Law firms, attorneys, real estate agents, mortgage companies
• Travelers or others who need identity verification
• Residents settling wills or trust funds

Competitive Analysis

Direct and indirect competitors.

One-Day Notary Public Service will face competition from other companies with similar business profiles. A description of each competitor company is below.

SwiftNotary Company

SwiftNotary Company is established in a conveniently located office, where the sole proprietor, Jake Roberts, offers a range of notary services, including notarizing legal documents, affidavits, contracts, and more. With his commitment to accuracy, efficiency, and exceptional customer service, he aims to become the go-to notary public service provider in the Pierre area.

SwiftNotary Company was started in 2019 to provide a quick response for individuals who needed notary public service during the global pandemic. Jake used his vehicle to travel from homes to businesses and back again during several months before eventually opening an office in downtown Pierre. The one-man operation caters to a wide range of clients, including individuals requiring notarization for personal documents, real estate professionals, law firms, financial institutions, and businesses in need of notarized contracts and agreements.

Premier Notary Public

Premier Notary Public is owned and operated by Nick and Claus Swanson, brothers who went through notary public training at the same time with the intention to open a business that would provide their income for several years. They divided the business into two segments, one serving individuals and the other serving business clients. They do not have other employees and they provide primarily mobile service, with a home office serving as the place for administrative tasks. Nick and Claus Swanson network extensively throughout Pierre by joining community groups and philanthropic committees and both are dedicated to helping the residents of Pierre by acts of service on behalf of its residents

Attorney’s Public Notary

The Attorney’s Public Notary Company is known as the “Attorney’s Choice” for notary services. It is owned and operated by Tina Essex who started the specialized notary public dedicated to serving attorneys exclusively in 2020. The claim of the business is that it serves “the unique needs of legal professionals and the critical role notarization plays in their practice”. The claim of the company is that it provides efficient and dependable notary services tailored specifically to attorneys, ensuring their documents are properly authenticated and legally binding.

Attorney’s Notary Public offers an in-depth understanding of the state’s legal requirements and regulations, with notaries who understand the specific nuances of notarizing legal documents in South Dakota. We offer a comprehensive range of notary services exclusively to attorneys, including notarizing legal documents such as contracts, agreements, affidavits, and other vital legal instruments. The company will attest to the authenticity of signatures, and verify identities. They claim to prioritize accuracy and attention to detail to ensure the utmost validity and legality of each notarized document.

Competitive Advantage

One-Day Notary Public Service will be able to offer the following advantages over their competition:

Marketing Plan

Brand & value proposition.

One-Day Notary Public Service will offer the unique value proposition to its clientele:

• Highly-qualified team of skilled employees who are able to provide a comprehensive set of notarized legal documents, including contracts, affidavits, wills, and power of attorney documents.
• Verify identity through identification checks and document verification.
• Administer oaths and affirmations for affidavits and statutory declarations.
• Provide certified copies of documents.
• Offer unbeatable pricing to its clients; they will offer the best pricing in town.

Promotions Strategy

The promotions strategy for One-Day Notary Public Service is as follows:

Word of Mouth/Referrals

One-Day Notary Public Service has built up an extensive list of contacts over the years by providing exceptional service and expertise to all clients. Former clients will follow her to her new company and help spread the word of One-Day Notary Public Service.

Professional Associations and Networking

Community and national associations will be joined and networking will continue in all forums. Attendance and active participation when needed will be offered.

Print Advertising

Two weeks prior to the launch, One-Day Notary Public will send a direct-mail piece to all residents and businesses in Pierre county. The piece will announce the launch of the company, describe the services, and offer a discount on products or services purchased.

Website/SEO Marketing

One-Day Notary Public Service will fully utilize their website. The website will be well organized, informative, and list all the services that One-Day Notary Public Service provide. The website will also list their contact information and list their available appointment times for One-Day overnight service. Customers can set their appointment times with confidence that One-Day Notary will show up on-time, every time. The website presence will utilize SEO marketing tactics so that anytime someone types in the Google or Bing search engine “Notary company” or “notary service near me”, One-Day Notary Public Service will be listed at the top of the search results.

The pricing of One-Day Notary Public Service will be moderate and on par with competitors so customers feel they receive excellent value when purchasing their services.

Operations Plan

The following will be the operations plan for One-Day Notary Public Service. Operation Functions:

• Kathy Porporia will be the Owner and President of the company. She will oversee all staff and manage client relations. Kathy has spent the past year recruiting the following staff:
• Nahul Jahim will become the Senior Notary Public and will manage the office administration when Kathy is not available.
• Cristy Baker will be the Senior Administrative Associate, overseeing the day-to-day management of filing, phone calls, emails, etc.

Milestones:

One-Day Notary Public Service will have the following milestones completed in the next six months.

• 5/1/202X – Finalize contract to lease office space
• 5/15/202X – Finalize personnel employment contracts for the One-Day Notary Public Service
• 6/1/202X – Prepare direct-mail piece for One-Day Notary Public Service clients
• 6/15/202X – Begin networking at industry events
• 6/22/202X – Begin moving into One-Day Notary Public Service office
• 7/1/202X – One-Day Notary Public Service opens its office for business

Cristy Baker is certified as an Administrative Assistant and formerly worked with Kathy. She is adept at booking clients, understanding the legal or documentation needs of each client and running a smooth operation. Her role will be as the Senior Administrative Associate.

Financial Plan

Key revenue & costs.

The revenue drivers for One-Day Notary Public Service are the fees they will charge to clients for the notary services they provide.

The cost drivers will be the overhead costs required in order to staff One-Day Notary Public Service. The expenses will be the payroll cost, rent, utilities, office supplies, and marketing materials.

Funding Requirements and Use of Funds

One-Day Notary Public Service is seeking $200,000 in debt financing to launch its notary public business. The funding will be dedicated toward securing the office space and purchasing office equipment and supplies. Funding will also be dedicated toward three months of overhead costs to include payroll of the staff, rent, and marketing costs for the print ads and association memberships. The breakout of the funding is below:

Key Assumptions

The following outlines the key assumptions required in order to achieve the revenue and cost numbers in the financials and in order to pay off the startup business loan.

• Number of Customers Per Month: 600
• Average Revenue per Month: $120,000
• Office Lease per Year: $100,000

Financial Projections

Income statement, balance sheet, cash flow statement, notary public business plan faqs, what is a notary public business plan.

A notary public business plan is a plan to start and/or grow your notary public business. Among other things, it outlines your business concept, identifies your target customers, presents your marketing plan and details your financial projections.

You can easily complete your Notary Public business plan using our Notary Public Business Plan Template here .

What are the Main Types of Notary Public Businesses? 

There are a number of different kinds of notary public businesses , some examples include: General Notary, Loan Signing Notary, and Non-Notary Services.

How Do You Get Funding for Your Notary Public Business Plan?

Notary Public businesses are often funded through small business loans. Personal savings, credit card financing and angel investors are also popular forms of funding.

What are the Steps To Start a Notary Public Business?

Starting a notary public business can be an exciting endeavor. Having a clear roadmap of the steps to start a business will help you stay focused on your goals and get started faster.

1. Develop A Notary Public Business Plan - The first step in starting a business is to create a detailed notary public business plan that outlines all aspects of the venture. This should include potential market size and target customers, the services or products you will offer, pricing strategies and a detailed financial forecast. 

2. Choose Your Legal Structure - It's important to select an appropriate legal entity for your notary public business. This could be a limited liability company (LLC), corporation, partnership, or sole proprietorship. Each type has its own benefits and drawbacks so it’s important to do research and choose wisely so that your notary public business is in compliance with local laws.

3. Register Your Notary Public Business - Once you have chosen a legal structure, the next step is to register your notary public business with the government or state where you’re operating from. This includes obtaining licenses and permits as required by federal, state, and local laws.

4. Identify Financing Options - It’s likely that you’ll need some capital to start your notary public business, so take some time to identify what financing options are available such as bank loans, investor funding, grants, or crowdfunding platforms.

5. Choose a Location - Whether you plan on operating out of a physical location or not, you should always have an idea of where you’ll be based should it become necessary in the future as well as what kind of space would be suitable for your operations.

6. Hire Employees - There are several ways to find qualified employees including job boards like LinkedIn or Indeed as well as hiring agencies if needed – depending on what type of employees you need it might also be more effective to reach out directly through networking events.

7. Acquire Necessary Notary Public Equipment & Supplies - In order to start your notary public business, you'll need to purchase all of the necessary equipment and supplies to run a successful operation.

8. Market & Promote Your Business - Once you have all the necessary pieces in place, it’s time to start promoting and marketing your notary public business. This includes creating a website, utilizing social media platforms like Facebook or Twitter, and having an effective Search Engine Optimization (SEO) strategy. You should also consider traditional marketing techniques such as radio or print advertising. 

Learn more about how to start a successful notary public business:

• How to Start a Notary Business

Upmetrics AI Assistant: Simplifying Business Planning through AI-Powered Insights. Learn How

• Sample Business Plans

Notary Business Plan

Notary businesses are in high demand, be it real estate developers, legal firms, government agencies, or educational institutions; all require notary assistance.

Building a notary business from scratch and standing toe-to-toe with big industry giants may feel overwhelming, but a detailed business plan can help you succeed.

Are you looking to start writing a business plan for your Notary business? Creating a business plan is essential to starting, growing, and securing funding for your business. So we have prepared a notary business plan template to help you start writing yours.

Free Business Plan Template

Download our free business plan template now and pave the way to success. Let’s turn your vision into an actionable strategy!

• Fill in the blanks – Outline
• Financial Tables

How to Write a Notary Business Plan?

Writing a notary business plan is a crucial step toward the success of your business. Here are the key steps to consider when writing a business plan:

1. Executive Summary

An executive summary is the first section of the business plan intended to provide an overview of the whole business plan. Generally, it is written after the entire business plan is ready. Here are some components to add to your summary:

Start with a brief introduction:

Market opportunity:, mention your services:, management team:, financial highlights:, call to action:.

Ensure you keep your executive summary concise and clear, use simple language, and avoid jargon.

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2. Business Overview

Depending on what details of your business are important, you’ll need different elements in your business overview. Still, there are some foundational elements like business name, legal structure, location, history, and mission statement that every business overview should include:

About the business:

Provide all the basic information about your business in this section like:

• The name and type of your notary business: mention whether your clientele focuses on real estate agents, escrow officers, or title agents. Maybe, you serve all of them—so mention it.
• Company structure of your notary business, whether it is an LLC, partnership firm, or something else.
• Location of your notary business and why you selected that place.

Mission statement:

Business history:, future goals:.

This section should provide an in-depth understanding of your Notary business. Also, the business overview section should be engaging and precise.

3. Market Analysis

Market analysis provides a clear understanding of the market in which your Notary business will run along with the target market, competitors, and growth opportunities. Your market analysis should contain the following essential components:

Target market:

Market size and growth potential:, competitive analysis:, market trends:, regulatory environment:.

Some additional tips for writing the market analysis section of your business plan:

• Use various sources to gather data, including industry reports, market research studies, and surveys.
• Be specific and provide detailed information wherever possible.
• Include charts and graphs to help illustrate your key points.
• Keep your target audience in mind while writing the business plan

4. Products And Services

The product and services section of a Notary public business plan should describe the specific services and products that will be offered to customers. To write this section should include the following:

List the services:

• Create a list of services your notary business will offer, including document authentication, legal advice, administering oaths and affirmations, notarizing real estate transactions, etc.
• Describe each service: Provide a detailed description of what it entails, the time required, and the qualifications of the professionals who will provide it. A notary signing agent, for instance, ensures that all documents are signed and notarized correctly during a real estate closing.

Transparency and confidentiality:

Overall, a business plan’s product and services section should be detailed, informative, and customer-focused. By providing a clear and compelling description of your offerings, you can help potential investors and readers understand the value of your business.

5. Sales And Marketing Strategies

Writing the sales and marketing strategies section means a list of strategies you will use to attract and retain your clients. Here are some key elements to include in your sales & marketing plan:

Develop your unique selling proposition (USP):

• Determine what sets your business apart from the competition and what benefits your target market.

Determine your pricing strategy:

Marketing strategies:, sales strategies:, customer retention:.

Overall, the sales and marketing strategies section of your business plan should outline your plans to attract and retain customers and generate revenue. Be specific, realistic, and data-driven in your approach, and be prepared to adjust your strategies based on feedback and results.

6. Operations Plan

When writing the operations plan section, it’s important to consider the various aspects of your business processes and procedures involved in operating a business. Here are the components to include in an operations plan:

Hiring plan:

Operational process:, technology & software:.

By including these key elements in your operations plan section, you can create a comprehensive plan that outlines how you will run your Notary business.

7. Management Team

The management team section provides an overview of the individuals responsible for running the Notary business. This section should provide a detailed description of the experience and qualifications of each manager, as well as their responsibilities and roles.

Key managers:

Organizational structure:, compensation plan:, board of advisors:.

Describe your company’s key personnel and highlight why your business has the fittest team.

8. Financial Plan

When writing the financial plan section of a business plan, it’s important to provide a comprehensive overview of your financial projections for the first few years of your business.

Profit & loss statement:

Cash flow statement:, balance sheet:, break-even point:, financing needs:.

Remember to be realistic with your financial projections and provide supporting evidence for your estimates.

9. Appendix

When writing the appendix section, you should include any additional information that supports the main content of your plan. This may include financial statements, market research data, legal documents, and other relevant information.

• Include a table of contents for the appendix section to make it easy for readers to find specific information.
• Include financial statements such as income statements, balance sheets, and cash flow statements. These should be up-to-date and show your financial projections for at least the first three years of your business.
• Provide market research data, such as statistics on the size of the legal industry, consumer demographics, and trends in the industry.
• Include any legal documents such as permits, licenses, and contracts.
• Provide any additional documentation related to your business plans, such as marketing materials, product brochures, and operational procedures.
• Use clear headings and labels for each section of the appendix so that readers can easily find the information they need.

Remember, the appendix section of your Notary business should only include relevant and essential information supporting your plan’s main content.

The Quickest Way to turn a Business Idea into a Business Plan

Fill-in-the-blanks and automatic financials make it easy.

This Notary business plan sample will provide an idea for writing a successful Notary plan, including all the essential components of your business.

After this, if you still need clarification about writing an investment-ready notary business plan to impress your audience, download our notary business plan pdf .

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Frequently asked questions, why do you need a notary business plan.

A business plan is an essential tool for anyone looking to start or run a successful notary business. It helps to get clarity in your business, secures funding, and identifies potential challenges while starting and growing your notary business.

Overall, a well-written plan can help you make informed decisions, which can contribute to the long-term success of your notary business.

How to get funding for your Notary business?

There are several ways to get funding for your notary business, but one of the most efficient and speedy funding options is self-funding. Other options for funding are:

• Bank loan – You may apply for a loan in government or private banks.
• Small Business Administration (SBA) loan – SBA loans and schemes are available at affordable interest rates, so check the eligibility criteria before applying for it.
• Crowdfunding – The process of supporting a project or business by getting a lot of people to invest in your notary business, usually online.
• Angel investors – Getting funds from angel investors is one of the most sought options for startups.
• Venture capital – Venture capitalists will invest in your business in exchange for a percentage of shares, so this funding option is also viable.

Apart from all these options, there are small business grants available, check for the same in your location and you can apply for it.

Where to find business plan writers for your Notary business?

There are many business plan writers available, but no one knows your business and idea better than you, so we recommend you write your notary public business plan and outline your vision as you have in your mind.

What is the easiest way to write your Notary business plan?

A lot of research is necessary for writing a business plan, but you can write your plan most efficiently with the help of any notary business plan example and edit it as per your need. You can also quickly finish your plan in just a few hours or less with the help of our business plan software.

About the Author

Upmetrics Team

Upmetrics is the #1 business planning software that helps entrepreneurs and business owners create investment-ready business plans using AI. We regularly share business planning insights on our blog. Check out the Upmetrics blog for such interesting reads. Read more

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Notary Public Business Plan [Sample Template]

By: Author Tony Martins Ajaero

Home » Business Plans » B2C Sector

Do you want to start a notary public company and need to write a plan? If YES, here is a sample notary public business plan template & feasibility report.

A notary public works as a certified and legal witness, offering their signature as proof of identification. Standard notarized legal documents include contracts, mortgages, and property deeds. Notary public businesses serve customers either from a home office, brick-and-mortar establishment, mobile, or online.

Most of the 4.4 million Notaries in America become Notaries as part of their job duties or as a value-added skill on their resume. Others choose to become Notaries so they can have their own mobile Notary or Notary Signing Agent business.

But they all work as independent contractors who earn money by handling mortgage signings, notarizing trust documents and performing many other tasks. Note that apart from the additional income opportunities available, the office of the Notary Public has a long history and brings with it credibility to the individual Notary.

A Sample Notary Public Business Plan Template

1. industry overview.

Businesses in legal services industry provide the services of lawyers and other legal practitioners to individuals, businesses, government agencies, and non-profits. The US legal services industry includes about 180,000 establishments (single-location firms and units of multi-location firms).

The legal services industry in the united states generated approximately 288 billion in 2018. In 2018, over 1.1 million people were employed in legal occupations in the U.S. This number was set to rise to 1.38 million in 2023. The largest share of those working in legal occupations was comprised of lawyers. Lawyers also earned the most in this industry, with a mean annual wage of over 144,000 U.S. dollars.

Close to 47 percent of 2018 law graduates had taken up employment with law firms by April 2019 and 70.1 percent were working in occupations which required the passage of the bar exam. According to industry reports, the overall health of the global economy, and the corresponding volume of commercial transactions, heavily influences demand for legal services.

Bigger firms achieve success by working on cross-border cases for multinational clients and constantly expanding their industry practice areas.

Small firms rely on serving local clients and developing expertise in a few practice areas. Firms large and small stand out by touting pro bono work, diversity, and corporate social responsibility. The industry faces several potential disruptors. Client law firms are relying more on in-house legal teams.

2. Executive Summary

Authentic Docs is a legal notary public and paper shredding company, offering document notarization and cost effective destruction services to law firms, businesses, and individuals. We will offer a most secure, efficient, simple and cost effective plan available for authenticating and destroying a company’s confidential information.

At Authentic Docs, we all also provide complete on-site and off-site document verification and destruction services. We plan to service law firms and other businesses in Denver, Colorado. We boast of a massive industry experience in documentation as well as the shredding of microfilm, microfiche, credit cards, computer tapes and other forms of media storage.

We will keep an automated journal and issue certificate of notarization or destruction, as the case may be, with each invoice.

We also offer recycling programs for non-confidential documents. Authentic Docs has a 4,000 square foot facility located in Downtown Denver, Colorado.  The park anchors the industrial section of the city and is within easy access of 80 percent of potential customers.

Our start-up cost for Authentic Docs is focused primarily on disposal equipment, disposal bins, and disposal trucks. We will have the ability to draw up and certify contracts and other legal documents that require a notary’s seal and signature such as wills, mortgages, adoption papers, property deeds and financial transfers.

Mason Stevens and the silent partner will each make substantial investments in the company. In addition, Mason will secure a long-term business loan to cover most of the start up and running cost. Authentic Docs will also market an annual service contract at a 20 percent discount to small companies and a 15 percent discount to medium-size companies.

Our competitive edge will be our quick response to a customer’s request for services. Authentic Docs will respond within 24 hours of a request by a company for record verification and shredding services.

3. Our Products and Services

Authentic Docs is a legal notary public and paper shredding company, offering document notarization and cost effective destruction services to law firms, businesses, and individuals in Denver, Colorado. We will offer the following services:

• Document Notarization

Authentic Docs will offer notarization services to law firms, businesses, and individuals that have notary needs. The business will also sell a variety of pre-printed legal forms that will assist individuals with their ongoing legal filing needs.

• Document Security

Authentic Docs will offer on-site document destruction service which is the safest, most secure, and convenient means of disposing of sensitive documents. An assigned bonded and uniformed employee will take a customer’s classified documents from the security bins that we provide for the office directly to the mobile shredding unit where the materials will be destroyed.

• Document on-site destruction services

Authentic Docs will provide security bins to be placed throughout the office area. These bins have a built in lock to ensure documents cannot be removed without a key. The material will be destroyed on-site and the shredded paper will then be taken to our facility where it will be recycled.

• Document Off-site destruction services

We will also provide off-site document destruction. We will still supply our customers with security bins but the materials will be brought back to our facility to be shredded. In addition to the security consoles for the office, we offer 65-gallon Schafer containers.

These Schafer containers are used for high volume areas. Customers with large volumes of paper find this to be the most economical way to handle classified materials.

4. Our Mission and Vision Statement

• Our vision at Authentic Docs is to develop into a foremost notary and business services agency within Colorado and all other neighbouring states.
• The mission of Authentic Docs is to provide a cost-effective document notarization and disposal service that protects our customers demand for assurance and security.

Our Business Structure

Our business structures at Authentic Docs will emphasize our standard in the industry. Mason Stevens will be responsible for day-to-day operation of the facility. He will also manage the sales team. An off-site facility team will manage the notarization of documents. They will also be tasked with the disposal of records at the Authentic Docs Facility.

The on-site team will manage collection of documents to be notarized, collection of documents for destruction and the disposal of documents at a customer site, as the case may be. Our business structure will include the following portfolios;

Attorney Coordinator

Paralegal/Legal Analyst

Lines Account Manager

Office manager

Security Officers

5. Job Roles and Responsibilities

• Review documents to determine if they meet notarization eligibility requirements as set forth in the Company’s policies
• Where an affidavit is provided in connection with the document, verify all of the information in the affidavit is true and accurate and, if it meets the standard, timely execute the affidavit in compliance with applicable laws and Company policies.
• Monitor the Company’s relationship with law firms and other clients to ensure they are performing in accordance with contractual expectations and represent Credit Acceptance professionally, compliantly and cost-effectively.
• Coaching, performance managing and auditing a defined group of clients to ensure all binding agreements are being worked in compliance with our policies and procedures and the contract.
• Evaluating data concerning clients performance and documenting observations based on that data
• Presenting performance results to clients, including Action Plans developed through the relationship management process
• Completing initial and annual due diligence reviews of clients to confirm that they understand and are capable of complying with the protection laws
• Oversee compliant and efficient progress of documents placed with the company
• Provide ongoing support to all other employees
• Drafting of powers of attorney for use worldwide.
• Ensure compliance with power of attorney process and standards.
• Coordinate apostille or legalization for powers of attorney.
• Maintain company database and records.
• Maintain contracts database and records
• Review and negotiate routine contracts (MSAs, Confidentiality Agreements, etc.)
• Manage online compliance program, including facilitation of third-party representative applications and approvals
• Prepare compliance-related communications
• In coordination with HR/Payroll, manage garnishments, including receiving notices, responding to interrogatories, and managing open garnishment orders
• Assists with matter management and litigation hold systems and assists with data entry and reporting within same
• Update company policies and standards related to legal and compliance matters
• Monitor and report on key performance indicators related to legal and compliance support of business initiatives
• Manage client accounts and client relationships, as well as generate new personal lines business
• Provide customer service via phone, fax, and email, including gathering information for all change requests
• Quote and issue new policies and market renewals
• Input claims
• Input / update client screen and policy screen information in the Agency Management System
• Process client payments as agency sweeps when necessary
• Invoice all agency-billed transactions within the department and follow up to collect payment from clients
• Maintain relationships with Personal Lines Carriers
• Drive and support cross-selling strategies for existing clients, as well as new relationships
• Foster and seek relationships with teammates across all levels
• Attend training sessions, courses, etc. to maintain up-to-date skills
• Other duties as needed
• In charge of preparing financial reports, budgets, and financial statements for the agency
• Prepares the income statement and balance sheet
• Provides managements with financial analyses, development budgets, and accounting reports
• In charge of financial forecasting and risks analysis.
• Performs cash management, general ledger accounting, and financial reporting for one or more properties.
• In charge of developing and managing financial systems and policies
• In charge of administering payrolls
• Ensures compliance with taxation legislation
• Handles all financial transactions for the Agency
• Serves as internal auditor for the agency
• Receive, sort, stamp and deliver all incoming documents and items.
• Interact by phone and web with the client and internal management and staff. Perform data entry using company-developed software and Microsoft Excel and perform basic work processing using Microsoft Word and Outlook.
• Provide clerical support for the Attorney Coordinator including but not limited to: assist with the preparation and review of the monthly and quarterly deliverable reports for client; daily workload reports for management meetings and client meetings; as needed.
• Primary point of contact for Expense Reports including but not limited to training and review.
• Provide Notary Public services as requested.
• Maintain the office corporate calendars: Staff and Training in conjunction
• Provides courteous and prompt service to all internal and external customers.
• Prioritizes and addresses requests and assignments in a professional manner to develop cooperative relationships and to ensure that customer confidentiality is assured.
• Performs other duties and assignments as requested by the attorney coordinator.
• Ensures that the agency is secured at all time
• Controls traffic and organize parking
• Gives security tips to staff members from time to time
• Patrols around the agency on a 24 hours basis
• Any other duty as assigned by the school administrator.

6. SWOT Analysis

Our goal at Authentic Docs is to offer a most secure, efficient, simple and cost effective notarization for companies. We will possess the ability to draw up and certify contracts and other legal documents that require a notary’s seal and signature such as wills, mortgages, adoption papers, property deeds and financial transfers.

Our main objective is to achieve sales goal during first year of operation and also create a customer base of 100 companies. We hope to grow sales by 15 percent during the second year of operation.

To be able to achieve these milestones, we hired the services of well known professional in the area of business consulting and promotion with solid experience in the legal and law service sector to help us in establishing a standard and competitive notary and destruction business.

They had to work with the management of our agency in conducting our SWOT analysis. Outlined below is a summary from the result of the SWOT analysis conducted for us at Authentic Docs.

Our strength in this industry is as follows; the experience and diverseness of our workforce will give us an olive branch in this industry.

Also, by creating an impeccable “trustworthy” relationship with our clients through the use of first class equipment and proper verification processes, clients will want to frequent our agency often and recommend it to their colleagues and friends.

Also by showing genuine concerns about the interests of our clients, we can make them feel comfortable and confident that we can meet all of their notarization and document destruction needs.

It will really take some time for our notarization and destruction agency to become well known. Notarization and document destruction is a sensitive venture that goes hand in hand with trust. The time it will take us to build this trust with our customers, according to our SWOT analysis, is the only perceived weakness for Authentic Docs.

• Opportunities

Theft, vandalism, and industrial espionage are becoming ever increasing security problems. There are too many horror stories resulting from unverified confidential information or these information getting into the wrong hands.

Today’s business environment is becoming very competitive and information explosion can be devastating to a business. With the increased use of office copiers and computers, staggering amounts of sensitive information is being generated and carelessly treated. It opens up a massive opportunity for us at Denver, Colorado.

At Authentic Docs, we understand that the notary and document destruction industry are well regulated and industry changes are bound to occur here and there. Also the sudden appearance of a competitor within our location of operation can threaten the success of our business.

7. MARKET ANALYSIS

• Market Trend

According to our research, the need for Notaries and document destruction continues to grow, and having performing these duties means that we’re not going to run out of work anytime soon.

• Loan & Mortgage Signings

Loan signings are one of the most common ways that notaries earn an income. In fact, reports have it that more than half of the notary public income comes from providing loan and mortgage signings services. The entire notary industry took a huge hit in 2008 during the housing crisis and subsequent Great Recession.

From 2008 until 2012, there was a loss of notary work as the industry experienced people being unable, or unwilling, to purchase houses during uncertain times. However, since 2013, the need for notaries has increased and is quickly surpassing pre-recession numbers. Recently, as homes change hands at an ever increasing rate, the need for notaries only continues to grow.

And as the United States population increases and ages, more people are purchasing homes, whether it’s a first time home purchase (Millennials) or Baby Boomers (selling their old home and potentially downsizing), the need for notaries will only increase.

• Debt Settlement Signings

Although it’s unfortunate that so many people find themselves getting into debt, that is good news for notaries who provide debt settlement signings. In addition, when notaries connect with reputable companies who provide debt settlement signings service, their ability to get work increases.

National Paralegal & Notary is a recognized leader in debt settlement signing services and welcomes qualified and detail oriented notaries into its nationwide network.

• Verifying I-9 Forms

As we know, the trend for employers hiring remote employees and contractors only grows. And as the federal government continues to audit more and more business to ensure they are adhering to the I-9 form requirement for every new employee, it is no surprise that there are more requests for notaries to help complete these forms.

Employers will often hire notaries in order to verify the identity of the prospective employee and fill out the proper paperwork, acting as a representative of the company.  These forms are issued by the U.S. Citizenship and Immigration Services in order to verify the identity of an employee and ensure that they are eligible for employment in the US.

While I-9 forms do not require an official notarization, it only makes sense to hire someone who is familiar with the identification documents required. Choosing a notary to work as an “authorized representative” is a no-brainer. Being a Notary Comes With Privileges.

8. Our Target Market

At Authentic Docs, we plan to focus on the following target customers:

• Law firms and individuals

These will include legal professionals, businesses, and individuals that need to have documents notarized for individuals with notary needs.

These law firms we believe have substantial document destruction needs. Individuals and their businesses that frequently file notarized business forms (especially among debt servicing and financial businesses.) will also be serviced.

• Second tier companies and Small businesses

These companies have 10 to 100 employees. They represent a significant market since internal document disposal is not cost-effective or efficient. Outsourcing disposal services is an excellent solution that will reduce the business disposal costs by 25 percent.

Record disposal to this audience is quickly becoming an important concern and is usually poorly organized and inefficient.

Our Competitive Advantage

We at Authentic Docs believe our agency has a very large potential market. Due to the uniqueness of our agency throughout Colorado, we strongly believe we can become the main notarization and document destruction agency quickly.

Our competitive advantage at Authentic Docs is our quick response to a customer’s request for services. We will respond within 24 hours of a request.

Our verification processes will be automated and fast, while our disposal trucks will shred documents twice as fast as our competitors and has a greater load capacity. Also, Mason Stevens leadership is a tremendous competitive advantage to this business.

9. SALES AND MARKETING STRATEGY

• Sources of Income

Authentic Docs is an agency developed with the aim of generating substantial incomes in the document notarization and destruction industry and we plan to do these by leveraging all available opportunities in the industry and within the proximity of the law in the United States.

We plan to sustain our business and make profits by charging a fee for each document we notarize or shred. We will strive to sustain relationship with organizations that require a notary and document destruction regularly to ensure a steady flow of income.

10. Sales Forecast

We at Authentic Docs assume that by the end of our first year, we must have connected with at least 30 businesses that need notarization and document destruction services. We also expect an enviable growth rate for several years, up to 200 members.

That will be the maximum number of clients that can be accommodated by this Agency. Further expansion of the grounds shall be considered in future. We project that we will be able to generate sufficient capital from operation to meet our initial needs.

However, our projections are based upon present real market conditions and data. Should revenue generated not meet projections, adjustments will be made in ordering and long-term commitments decreased or postponed. Below is our sales forecast at Authentic Docs;

• First Fiscal Year (FY1): $435,000
• Second Fiscal Year (FY2): $1,193,990
• Third Fiscal Year (FY3): $2,310,034
• Marketing Strategy and Sales Strategy

Note that our Sales (contract and services) at Authentic Docs will be based on the services provided by our agency. We plan to ensure that all the users of our agency must feel they are getting the best possible value for their money. If there is a better value for equal services, we will strive to match or beat that value for customers.

We will also market an annual service contract at a 25 percent discount to small companies and a 17 percent discount to medium-size companies. We will offer a free on-site survey of the company’s facility to determine the company’s exact needs. We plan to build our marketing plan around the following;

• Focus on service and support.
• Establish a relationship business.
• Focus on golf equipment as the key target market.

11. Publicity and Advertising Strategy

We at Authentic Docs explicitly understand the benefits of a good publicity strategy, which is why even though we have no specific marketing plan, we hope to leverage a lot of strategies to boost our business through publicity. We are very ready to become the number one choice when it comes to document verification and notarization and also documents shredding and destruction.

That is why Authentic Docs has made provisions for effective and direct publicity and advertisement of our document notarization and destruction Agency. Outlined below are the platforms we hope to leverage on to promote Authentic Docs;

• Place adverts on both print (community based newspapers and magazines) and electronic media platforms
• Sponsor relevant community based events / programs
• Establish relationships with local law firms throughout the target market.
• Develop ongoing relationships with the Secretary of State
• Leverage on the internet and social media platforms like; Instagram, Facebook , twitter, YouTube, Google + et al to promote our brand
• Install our Bill Boards in strategic locations all around Denver, Colorado.
• Distribute our fliers and handbills in target areas in and around Denver, Colorado
• Passing general information via our agency’s social media handles like twitter, Facebook, Google hangouts etc.

12. Our Pricing Strategy

Generally, notary and document destruction businesses in the United States charge clients a fee for each document notarized or destroyed. Our plan at Authentic Docs is to keep our fees below the average market rate by keeping our overhead low and by collecting payment in advance.

We also hope to give out special discounted rates to all our clients at regular intervals. We also understand that there are some of our prospective clients that would need special assistance, we will offer flat rate for such services.

• Our Payment Options

We at Authentic Docs plan to establish different payment options that will suit our clients at any given time and place. We have also made plans and partnered with a well known banking platform in the United States of America in other to offer these diverse services. Here are the payment options that we will make available to our clients;

• Payment by via bank transfer
• Payment via online bank transfer
• Payment via check
• Payment via mobile money
• Payment with cash

13. Startup Expenditure (Budget)

We understand that the cost of starting our business will depend on the approach and scale of the business. At Authentic Docs, we plan to establish a big scale document notarization and destruction agency that will provide trustworthy services to our clients.

We plan to spend our start-up costs on mostly equipment purchase, office building, stationery, legal costs, advertising and expenses associated with opening our first office. Below is a detailed cost analysis of starting Authentic Docs;

• Business incorporation fees in the United States of America will cost – $750.
• The budget for Liability insurance, permits and license will cost – $103,500
• Acquiring a large building and course that will accommodate our shredding and document destruction machines (Re – Construction of the facility inclusive) will cost – $600,000
• Equipping our office (computers, printers, shredders, notary stamps, markers, pens and pencils, furniture, telephones, filing cabinets, and electronics) will cost – $3000,000
• Launching an official Website will cost – $500
• The budget for the payment of salaries for the first three months of operation: $120,000
• Additional Expenditure such as Business cards, Signage, Adverts and Promotions will cost – $50,000

From our detailed analysis above, we have come to the conclusion that we will need approximately $1,400,000 to start up Authentic Docs.

Generating Funding/Start-up Capital for Authentic Docs

Authentic Docs will be a Limited Liability Corporation financed partially by direct owner investment and a long-term loan. Mason Stevens will own 60 percent of the company, while the silent partner will own the remaining 40 percent. These are the areas we intend generating our startup capital;

• Generate part of the startup capital from personal savings and sale of his stocks
• Generate part of the startup capital from friends and other extended family members
• Generate a larger chunk of the start-up capital from the bank (loan facility).

We have been able to raise about $800,000 (Personal savings $670,000 and soft loan from family members $130,000) and we are at the finishing stage of getting a loan facility of $600,000 from our bank. We’ve made sure that all the required papers and documents have been duly signed and submitted, the loan has been approved and any moment from now our account will be credited.

14. Sustainability and Expansion Strategy

We at Authentic Docs will issue a certificate of completion for each document notarized and destroyed. We plan to aggressively expand during the first three years of operation by implementing marketing campaigns that will effectively target individuals, businesses, and law firms within Colorado.

We also intend to use a number of marketing strategies that will allow us to provide essential notary and document destruction services not just within Denver, but all over the state of Colorado. These strategies include traditional print advertisements and ads placed on search engines on the Internet. We will also use an internet based strategy.

This is very important as many people seeking local services, such as specialized legal support and notary services, use the Internet to conduct their preliminary searches. We will also maintain a sizable amount of print and traditional advertising methods within local markets to promote the notary and legal support services that we offer.

We’ve also been able to establish a concrete connection and understanding with The National Notary Association. With 55 years of expertise, the National Notary Association is the nation’s leader in providing Notary training and education in accordance with state-specific requirements and best practices.

The NNA offers comprehensive training programs designed to enable Notaries to perform their duties professionally and proficiently. We will leverage their training options which include live seminars, convenient self-paced online training, webinars, self-study courses, and certifications to further our claim as the Best of the best in the industry.

Checklist/Milestone

• Business Name Availability Check: Completed
• Business Incorporation: Completed
• Opening of Corporate Bank Accounts: Completed
• Opening Online Payment Platforms: Completed
• Application and Obtaining Tax Payer’s ID: In Progress
• Application for business license and permit: Completed
• Purchase of Insurance for the Business: Completed
• Conducting feasibility studies: Completed
• Leasing, renovating and equipping our facility: Completed
• Generating part of the startup capital from the founder: Completed
• Applications for Loan from our Bankers: In Progress
• Writing of Business Plan: Completed
• Drafting of Employee’s Handbook: Completed
• Drafting of Contract Documents: In Progress
• Design of The Company’s Logo: Completed
• Printing of Promotional Materials: Completed
• Recruitment of employees: In Progress
• Purchase of software applications, furniture, office equipment, electronic appliances and facility facelift: In progress
• Creating Official Website for the Company: In Progress
• Creating Awareness for the business (Business PR): In Progress
• Health and Safety and Fire Safety Arrangement: In Progress
• Establishing business relationship with banks, financial lending institutions, vendors and key players in the industry: In Progress

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How to Start a Notary Business

A notary public acts as a certified and legal witness, providing their signature in exchange for proof of identification. Standard notarized legal documents include contracts, mortgages, and property deeds. Notary public businesses serve customers either from a home office, brick-and-mortar establishment, mobile, or online.

Learn how to start your own Notary Business and whether it is the right fit for you.

Ready to form your LLC? Check out the Top LLC Formation Services .

Start a notary business by following these 10 steps:

• Plan your Notary Business
• Form your Notary Business into a Legal Entity
• Register your Notary Business for Taxes
• Open a Business Bank Account & Credit Card
• Set up Accounting for your Notary Business
• Get the Necessary Permits & Licenses for your Notary Business
• Get Notary Business Insurance
• Define your Notary Business Brand
• Create your Notary Business Website
• Set up your Business Phone System

We have put together this simple guide to starting your notary business. These steps will ensure that your new business is well planned out, registered properly and legally compliant.

Exploring your options? Check out other small business ideas .

STEP 1: Plan your business

A clear plan is essential for success as an entrepreneur. It will help you map out the specifics of your business and discover some unknowns. A few important topics to consider are:

What will you name your business?

• What are the startup and ongoing costs?
• Who is your target market?

How much can you charge customers?

Luckily we have done a lot of this research for you.

Choosing the right name is important and challenging. If you don’t already have a name in mind, visit our How to Name a Business guide or get help brainstorming a name with our Notary Business Name Generator

If you operate a sole proprietorship , you might want to operate under a business name other than your own name. Visit our DBA guide to learn more.

When registering a business name , we recommend researching your business name by checking:

• Your state's business records
• Federal and state trademark records
• Social media platforms
• Web domain availability .

It's very important to secure your domain name before someone else does.

Want some help naming your notary business?

Business name generator, what are the costs involved in opening a notary business.

Training and licensure fees range from $90 to $225, depending upon the state in which you reside and its specific requirements. Bonds average $125 and last the life of your certification, which is typically four years.

In some cases, a notary mentor is required and may charge a fee for advising you. If this is the case, the NNA's LinkedIn discussion group is a great resource for finding a qualified mentor.

If your vision includes a brick-and-mortar establishment, you will incur the standard expenses that come with leasing a building. If yours is a mobile business, be sure you have reliable transportation and the insurance required to do so.

Regardless of which path you choose, a website should be included in your initial budget. A simple site should be sufficient, unless you wish to host an online notary business . Simple sites can be built for less than $1,000, while more complicated and secure websites can run $3,500 or above.

What are the ongoing expenses for a notary business?

If you decide to open a brick-and-mortar business, budget for the standard overhead expenses that come with leasing an office.

The following are expenses you should budget for on a monthly basis:

• Fuel costs - mobile notaries spend much of their time traveling from customer to customer
• Website maintenance
• Marketing materials
• Fees for local and national associations
• Payroll and taxes
• Continuing education requirements vary from state to state - the standard is every four years

Who is the target market?

Notary businesses are cautioned against pigeonholing themselves into serving just one type of client. There are a number of different types of documents that require a notary; it is recommended that you target as many as possible when marketing to the public.

How does a notary business make money?

A notary business charges a fee for each document they notarize. Building a relationship with organizations that require a notary regularly is a great way to ensure a steady flow of income.

This depends upon what type of document you are signing and who your client is. Banks and credit unions often make their notary services available to customers free of charge, while you might charge $5-$10 for the same service. Loan signing agents earn $75 to $200 per appointment.

How much profit can a notary business make?

Once you have built a referral base and are getting regular signings each week, the business can be very profitable. Full-time notary signing agents work an average of forty to forty-five hours a week, including driving to appointments. This works out to fifteen signings per month. If your fee is $100 per signing, you will bring in an average of $6,000 per month or $78,000 annually. Since your overhead is low, much of those earnings turn into profit. To maximize profits, carefully consider your fee structure and payroll costs before bringing on another team member.   

How can you make your business more profitable?

Implement the following strategies to maximize your profits:

• Offer bilingual notary public services
• Make your services available 24/7
• Offer additional services such as photocopying and printing
• Diversify to include as many specialties as possible. A few options are:
• Unclaimed assets
• Foreign documents
• Working with attorneys
• Working with structured settlement firms

Want a more guided approach? Access TRUiC's free Small Business Startup Guide - a step-by-step course for turning your business idea into reality. Get started today!

STEP 2: Form a legal entity

The most common business structure types are the sole proprietorship , partnership , limited liability company (LLC) , and corporation .

Establishing a legal business entity such as an LLC or corporation protects you from being held personally liable if your notary business is sued.

Form Your LLC

Read our Guide to Form Your Own LLC

Have a Professional Service Form your LLC for You

Two such reliable services:

You can form an LLC yourself and pay only the minimal state LLC costs or hire one of the Best LLC Services for a small, additional fee.

Recommended: You will need to elect a registered agent for your LLC. LLC formation packages usually include a free year of registered agent services . You can choose to hire a registered agent or act as your own.

STEP 3: Register for taxes

You will need to register for a variety of state and federal taxes before you can open for business.

In order to register for taxes you will need to apply for an EIN. It's really easy and free!

You can acquire your EIN through the IRS website . If you would like to learn more about EINs, read our article, What is an EIN?

There are specific state taxes that might apply to your business. Learn more about state sales tax and franchise taxes in our state sales tax guides.

STEP 4: Open a business bank account & credit card

Using dedicated business banking and credit accounts is essential for personal asset protection.

When your personal and business accounts are mixed, your personal assets (your home, car, and other valuables) are at risk in the event your business is sued. In business law, this is referred to as piercing your corporate veil .

Open a business bank account

Besides being a requirement when applying for business loans, opening a business bank account:

• Separates your personal assets from your company's assets, which is necessary for personal asset protection.
• Makes accounting and tax filing easier.

Recommended: Read our Best Banks for Small Business review to find the best national bank or credit union.

Get a business credit card

Getting a business credit card helps you:

• Separate personal and business expenses by putting your business' expenses all in one place.
• Build your company's credit history , which can be useful to raise money later on.

Recommended: Apply for an easy approval business credit card from BILL and build your business credit quickly.

STEP 5: Set up business accounting

Recording your various expenses and sources of income is critical to understanding the financial performance of your business. Keeping accurate and detailed accounts also greatly simplifies your annual tax filing.

Make LLC accounting easy with our LLC Expenses Cheat Sheet.

STEP 6: Obtain necessary permits and licenses

Failure to acquire necessary permits and licenses can result in hefty fines, or even cause your business to be shut down.

State & Local Business Licensing Requirements

Certain state permits and licenses may be needed to operate a notary public business. Learn more about licensing requirements in your state by visiting SBA’s reference to state licenses and permits .

Most businesses are required to collect sales tax on the goods or services they provide. To learn more about how sales tax will affect your business, read our article, Sales Tax for Small Businesses .

Certificate of Occupancy

A notary public business is generally run out of an office. Businesses operating out of a physical location typically require a Certificate of Occupancy (CO).  A CO confirms that all building codes, zoning laws and government regulations have been met.

• If you plan to lease a location :
• It is generally the landlord’s responsibility to obtain a CO.
• Before leasing, confirm that your landlord has or can obtain a valid CO that is applicable to a notary public business.
• After a major renovation, a new CO often needs to be issued. If your place of business will be renovated before opening, it is recommended to include language in your lease agreement stating that lease payments will not commence until a valid CO is issued.
• If you plan to purchase or build a location :
• You will be responsible for obtaining a valid CO from a local government authority.
• Review all building codes and zoning requirements for your business’ location to ensure your notary public business will be in compliance and able to obtain a CO.

STEP 7: Get business insurance

Just as with licenses and permits, your business needs insurance in order to operate safely and lawfully. Business Insurance protects your company’s financial wellbeing in the event of a covered loss.

There are several types of insurance policies created for different types of businesses with different risks. If you’re unsure of the types of risks that your business may face, begin with General Liability Insurance . This is the most common coverage that small businesses need, so it’s a great place to start for your business.

Another notable insurance policy that many businesses need is Workers’ Compensation Insurance . If your business will have employees, it’s a good chance that your state will require you to carry Workers' Compensation Coverage.

FInd out what types of insurance your Notary Business needs and how much it will cost you by reading our guide Business Insurance for Notary Business.

STEP 8: Define your brand

Your brand is what your company stands for, as well as how your business is perceived by the public. A strong brand will help your business stand out from competitors.

If you aren't feeling confident about designing your small business logo, then check out our Design Guides for Beginners , we'll give you helpful tips and advice for creating the best unique logo for your business.

Recommended : Get a logo using Truic's free logo Generator no email or sign up required, or use a Premium Logo Maker .

If you already have a logo, you can also add it to a QR code with our Free QR Code Generator . Choose from 13 QR code types to create a code for your business cards and publications, or to help spread awareness for your new website.

How to promote & market a notary business

Regardless of how you structure your business there are a number of affordable options for marketing your business. Social media is a great way to educate the public on the services you offer.

Online directories such as Yelp are another option for ensuring consumers in your community are aware of your presence, location, fees, and hours. Additionally, associations such as The American Society of Notaries offer members free professional profiles.

Once your marketing materials are printed, get out and network within the community. Visit local banks, mortgage companies, title companies, real estate offices, government offices, charitable organizations, and professional organizations, and notify them of your services. Attend small business events through your local Chamber of Commerce and community service enterprises. Building a referral base takes time, but is typically the foundation of every successful small business.

How to keep customers coming back

Your focus should be on delivering quality and timely service to each and every customer you serve. Keep in mind that your job is to notarize private and sensitive documents. If word travels that you were anything but professional, your business could take a permanent hit.   

STEP 9: Create your business website

After defining your brand and creating your logo the next step is to create a website for your business .

While creating a website is an essential step, some may fear that it’s out of their reach because they don’t have any website-building experience. While this may have been a reasonable fear back in 2015, web technology has seen huge advancements in the past few years that makes the lives of small business owners much simpler.

Here are the main reasons why you shouldn’t delay building your website:

• All legitimate businesses have websites - full stop. The size or industry of your business does not matter when it comes to getting your business online.
• Social media accounts like Facebook pages or LinkedIn business profiles are not a replacement for a business website that you own.
• Website builder tools like the GoDaddy Website Builder have made creating a basic website extremely simple. You don’t need to hire a web developer or designer to create a website that you can be proud of.

Recommended : Get started today using our recommended website builder or check out our review of the Best Website Builders .

Other popular website builders are: WordPress , WIX , Weebly , Squarespace , and Shopify .

STEP 10: Set up your business phone system

Getting a phone set up for your business is one of the best ways to help keep your personal life and business life separate and private. That’s not the only benefit; it also helps you make your business more automated, gives your business legitimacy, and makes it easier for potential customers to find and contact you.

There are many services available to entrepreneurs who want to set up a business phone system. We’ve reviewed the top companies and rated them based on price, features, and ease of use. Check out our review of the Best Business Phone Systems 2023 to find the best phone service for your small business.

Recommended Business Phone Service: Phone.com

Phone.com is our top choice for small business phone numbers because of all the features it offers for small businesses and it's fair pricing.

Is this Business Right For You?

The individual who has the drive and ambition to work hard at building a reputable and profitable career as their own boss.

Want to know if you are cut out to be an entrepreneur?

Take our Entrepreneurship Quiz to find out!

Entrepreneurship Quiz

What happens during a typical day at a notary business?

When not notarizing documents for clients, business owners spend their time networking and implementing ideas defined in their marketing strategy. Mobile business owners spend a portion of each day traveling to meet their customer’s needs.

What are some skills and experiences that will help you build a successful notary business?

Notary publics must complete a state training course and pass the state exam (specific rules vary from state to state). Once you have done so, you will need to mail your application in, along with a fee, to the state notary commission. Upon acceptance, you will swear the oath and purchase any required bonds. Some states also require a notary seal. The National notary Association (NNA) provides details regarding each state’s notary requirements, as well as real-life examples of situations you could be faced with in your public servant position.

What is the growth potential for a notary business?

Before opening your business, research other notary services in the area. Is there a demand for it? What other services do they offer? What hours are they available? Is your area in need of a mobile service? How many online notaries are available in your state? Tailor your services and hours around what your community is lacking to ensure your company grows to meet your business goals.    

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Take the Next Step

Find a business mentor.

One of the greatest resources an entrepreneur can have is quality mentorship. As you start planning your business, connect with a free business resource near you to get the help you need.

Having a support network in place to turn to during tough times is a major factor of success for new business owners.

Learn from other business owners

Want to learn more about starting a business from entrepreneurs themselves? Visit Startup Savant’s startup founder series to gain entrepreneurial insights, lessons, and advice from founders themselves.

Resources to Help Women in Business

There are many resources out there specifically for women entrepreneurs. We’ve gathered necessary and useful information to help you succeed both professionally and personally:

If you’re a woman looking for some guidance in entrepreneurship, check out this great new series Women in Business created by the women of our partner Startup Savant.

What are some insider tips for jump starting a notary business?

Notary public business owners offer the following professional advice:

• Join a local or national notary association. Attend workshops. This membership will help you stay current on new laws, network within the community, and tweak your marketing strategy.
• Make yourself available when other notaries are not. After five, on weekends, and during holidays are the perfect times to land business your competition is missing out on.
• If you choose to have a physical location, make your business more profitable by offering additional services.
• Diversify - Look into the various notary specialties and expand your services to include as many as possible.

How and when to build a team

If you plan on having a physical location, there are a few questions you will need to consider: Do you want to be a notary or would you rather hire someone to take on that responsibility? What hours do you want the notary available? What other services do you plan to offer? Do you want to be in charge of the additional services or would you rather oversee the enterprise? In many cases, notary public business owners choose to start small, hiring more employees as the business grows. If this is the case, however, prepare yourself for long hours.

Mobile and online notaries have a little more flexibility, as they do not have the added pressure of higher overhead costs. In this case, you could hire additional employees as the need arises. Before hiring anyone, check with your state to ensure they meet the notary guidelines.  

Useful Links

Industry opportunities.

• National notary Association
• American Society of Notaries

Real World Examples

Further reading.

• How to become a notary public in Michigan
• How to start a notary public business
• Creating a successful Mobile notary Business

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A Comprehensive Guide to Launching and Growing Your Notary Public Company

In today’s competitive business landscape, having a well-crafted business plan is crucial for the success of any venture. If you’re considering starting or expanding your notary public business, a carefully designed business plan can be your roadmap to achieving your goals. This article serves as a comprehensive guide to help you create an effective notary business plan that will attract potential investors, secure funding, and provide a solid foundation for your company’s growth.

Why You Need a Notary Business Plan [Download Template]

A notary business plan serves as a blueprint for your company’s future. It outlines your business goals, strategies, and financial projections, allowing you to make informed decisions and navigate challenges effectively. Here are some compelling reasons why having a notary business plan is essential:

Funding: A well-developed business plan is crucial if you require external funding to start or expand your notary public business. Investors and lenders will review your plan to assess the viability of your business and the potential return on their investment.

• Strategic Direction
• Market Research
• Performance Tracking
• Communication Tool

Before we embark on the exciting journey of crafting a notary business plan template, let’s equip ourselves with a powerful tool to guide us along the way. Download this ready-to-use business plan, meticulously designed to provide you with a seamless and effortless experience.

Notary Business Plan Template: Executive Summary

The executive summary is a vital component of a business plan, offering a concise overview of the notary public business. It should capture readers’ attention and provide key information, including an introduction to the business, industry overview, target market description, competitive analysis, marketing strategies, management team, and financial plan summary.

Company Overview

Specify whether your business is a general notary, handling various documents, or a loan signing notary specializing in mortgage and real estate transactions. You may also mention additional services like fingerprinting or courier services.

Share the background and establishment of your business, highlighting key milestones and achievements. Clearly state the legal structure, such as LLC, S-Corp, or sole proprietorship.

Identify the unique selling points that differentiate your business, such as exceptional customer service, convenient mobile services, or value-added offerings.

This information will give readers a comprehensive understanding of your notary public business, its services, specialization, background, legal structure, and unique advantages.

Industry Analysis

It is crucial to conduct a thorough analysis to gain a comprehensive understanding of the notary public industry and uncover growth opportunities. Here are the key elements to include:

Start by determining the size of the notary public industry in your target geographic area. Research industry reports and data to assess its growth potential and market size. Identify current and emerging trends in the notary public sector. Stay updated on technological advancements, regulatory changes, and shifts in customer preferences to stay ahead of the curve.

Analyze your direct and indirect competitors to understand their strengths, weaknesses, and market positioning. This analysis will help you identify gaps in the market that your notary business can effectively fill.

Determine the suppliers you will need to support your notary services. Consider the necessary access to legal forms, printing services, or technology providers to ensure smooth operations. And evaluate any barriers to entry that could impact the establishment or growth of your notary business. This may include licensing requirements, intense competition, or compliance with legal regulations.

Marketing Plan

A clear marketing strategy is necessary to market your notary public firm properly and draw clients. When describing your marketing tactics, take into account the following factors:

Your notary service options should be precisely defined, and you should emphasize the advantages and value they bring to clients. Whether they are specialized offerings or extra services that set you apart from rivals, make sure to express the special features of your services clearly.

Market rates, competition, and cost structure should all be taken into account when choosing your pricing strategy . To reward loyal consumers, consider the potential of bundling services or providing discounts.

Determine the best methods for contacting your target audience. In order to do this, you might use local media advertising, search engine optimization for your website, social media marketing, email campaigns, or direct mail.

Look into joint ventures and partnerships with real estate brokerages, law offices, title companies, and other entities that can refer customers to your notary services. To grow your network and establish beneficial connections, attend networking events and consider joining organizations for professionals.

Create a website that displays your services, contact information, and client feedback to establish a professional internet presence. Use relevant keywords to optimize your website for search engines and draw in potential clients who are actively looking for notary services.

By putting these methods into practice, you may effectively market your notary public firm, raise brand awareness, and draw in and keep clients in a cutthroat industry.

Financial Plan

The financial plan provides an in-depth overview of all of your business’s financial expectations, including income, costs, and profitability. Take into account these components:

Find out how much money you would need to invest initially to launch your notary public firm. This covers costs for things like equipment, marketing, and legal fees, as well as license fees.

After that, create a sales projection based on your market analysis and the demand you anticipate from your customers. Make a revenue projection for the first year and describe your plans for future development. Calculate your running costs, including rent, utilities, insurance, marketing, and the wages or subcontractor fees of your employees. To ascertain your expected profitability, perform a detailed study of your income and costs. Think about elements like the break-even point, gross margin, and net profit margin.

If you require external funding, clearly outline your funding requirements and how the funds will be utilized. This includes any loans, lines of credit, or investment opportunities you’re pursuing.

Notary Business Plan Template: Implementation and Timeline

Create a timeline that outlines the key milestones and activities required to launch and grow your notary business. Assign responsibilities and set deadlines to ensure accountability and progress tracking. Include the following elements:

Pre-launch activities: Identify tasks such as obtaining necessary licenses and permits, setting up your office or mobile notary equipment, and establishing partnerships.

Launch activities: Outline your marketing and promotional strategies for launching your notary business. This could include hosting an opening event, distributing promotional materials, or launching online advertising campaigns.

Ongoing growth strategies: Develop strategies to continuously attract new customers, retain existing ones, and expand your service offerings. This could involve implementing referral programs, enhancing customer service, or expanding your geographic reach.

Final Thoughts: Notary Business Plan Template

Regularly monitor and evaluate your notary business’s performance to ensure you’re on track to achieve your goals. Refer to this checklist to ensure you’re heading in the right direction:

• Key performance indicators (KPIs): Define measurable KPIs that align with your business objectives. This could include the number of notary signings completed, customer satisfaction ratings, revenue growth, or market share.
• Reporting and analysis: Establish a system to track and analyze your KPIs. This could involve using accounting software, customer relationship management (CRM) tools, or other data analytics platforms.
• Review and adjustments: Regularly review your business plan and financial projections. Assess your performance against your goals and make necessary adjustments to your strategies, operations, or financial plans.

With your carefully created business plan as your primary tool, enter the world of notary public enterprise. This road map will assist you in navigating the turns and curves of this fascinating market and help you stand out from the competition. Imagine it as your dependable compass, guiding you in the correct direction at all times while you overcome obstacles and take advantage of opportunities. Keep in mind to nurture and update your strategy frequently, utilizing it as a potent weapon to mobilize your team and get the support of stakeholders. You’ll be well-positioned to achieve outstanding success in the notary industry with this strong foundation.

Meet The Author Of This Article

Hi! I’m Elsa

I’m a Growth Marketer specializing in supporting small to medium-sized companies to thrive.

I focus on brand, business, and team growth to drive accelerated success. Currently, I leverage content creation to share my personal growth journey and expertise.

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How to Start a Notary Business

Starting a notary business can be very profitable. With proper planning, execution and hard work, you can enjoy great success. Below you will learn the keys to launching a successful notary business.

Importantly, a critical step in starting a notary business is to complete your business plan. To help you out, you should download Growthink’s Ultimate Business Plan Template here .

Download our Ultimate Business Plan Template here

14 Steps To Start a Notary Business :

• Choose the Name for Your Notary Business
• Develop Your Notary Business Plan
• Choose the Legal Structure for Your Notary Business
• Secure Startup Funding for Your Notary Business (If Needed)
• Secure a Location for Your Business
• Register Your Notary Business with the IRS
• Open a Business Bank Account
• Get a Business Credit Card
• Get the Required Business Licenses and Permits
• Get Business Insurance for Your Notary Business
• Buy or Lease the Right Notary Business Equipment
• Develop Your Notary Business Marketing Materials
• Purchase and Setup the Software Needed to Run Your Notary Business
• Open for Business

1. Choose the Name for Your Notary Business

The first step to starting a notary business is to choose your business’ name.  

This is a very important choice since your company name is your brand and will last for the lifetime of your business. Ideally you choose a name that is meaningful and memorable. Here are some tips for choosing a name for your own notary business:

• Make sure the name is available . Check your desired name against trademark databases and your state’s list of registered business names to see if it’s available. Also check to see if a suitable domain name is available.
• Keep it simple . The best names are usually ones that are easy to remember, pronounce and spell.
• Think about marketing . Come up with a name that reflects the desired brand and/or focus of your notary business.

2. Develop Your Notary Business Plan

One of the most important steps in starting a notary business is to develop your notary business plan . The process of creating your plan ensures that you fully understand your market and your business strategy. The plan also provides you with a roadmap to follow and if needed, to present to funding sources to raise capital for your business.

Your business plan should include the following sections:

• Executive Summary – this section should summarize your entire business plan so readers can quickly understand the key details of your notary business.
• Company Overview – this section tells the reader about the history of your notary business and what type of notary business you operate. For example, are you a corporate, independent, or a mobile notary business?
• Industry Analysis – here you will document key information about the notary industry. Conduct market research and document how big the industry is and what trends are affecting it.
• Customer Analysis – in this section, you will document who your ideal or target customers are and their demographics. For example, how old are they? Where do they live? What do they find important when purchasing services like the ones you will offer?
• Competitive Analysis – here you will document the key direct and indirect competitors you will face and how you will build competitive advantage.
• Marketing Plan – your marketing plan should address the 4Ps: Product, Price, Promotions and Place.
• Product : Determine and document what products/services you will offer 
• Prices : Document the prices of your products/services
• Place : Where will your business be located and how will that location help you increase sales?
• Promotions : What promotional methods will you use to attract customers to your notary business? For example, you might decide to use pay-per-click advertising, public relations, search engine optimization and/or social media marketing.
• Operations Plan – here you will determine the key processes you will need to run your day-to-day operations. You will also determine your staffing needs. Finally, in this section of your plan, you will create a projected growth timeline showing the milestones you hope to achieve in the coming years.
• Management Team – this section details the background of your company’s management team.
• Financial Plan – finally, the financial plan answers questions including the following:
• What startup costs will you incur?
• How will your notary business make money?
• What are your projected sales and expenses for the next five years?
• Do you need to raise funding to launch your business?

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3. choose the legal structure for your notary business.

Next you need to choose a legal structure for your notary business and register it and your business name with the Secretary of State in each state where you operate your business.

Below are the five most common legal structures:

1) Sole proprietorship

A sole proprietorship is a business entity in which the owner of the notary business and the business are the same legal person. The owner of a sole proprietorship is responsible for all debts and obligations of the business. There are no formalities required to establish a sole proprietorship, and it is easy to set up and operate. The main advantage of a sole proprietorship is that it is simple and inexpensive to establish. The main disadvantage is that the owner is liable for all debts and obligations of the business.

2) Partnerships

A partnership is a legal structure that is popular among small businesses. It is an agreement between two or more people who want to start a notary business together. The partners share in the profits and losses of the business. 

The advantages of a partnership are that it is easy to set up, and the partners share in the profits and losses of the business. The disadvantages of a partnership are that the partners are jointly liable for the debts of the business, and disagreements between partners can be difficult to resolve.

3) Limited Liability Company (LLC)

A limited liability company, or LLC, is a type of business entity that provides limited liability to its owners. This means that the owners of an LLC are not personally responsible for the debts and liabilities of the business. The advantages of an LLC for a notary business include flexibility in management, pass-through taxation (avoids double taxation as explained below), and limited personal liability. The disadvantages of an LLC include lack of availability in some states and self-employment taxes.

4) C Corporation

A C Corporation is a business entity that is separate from its owners. It has its own tax ID and can have shareholders. The main advantage of a C Corporation for a notary business is that it offers limited liability to its owners. This means that the owners are not personally responsible for the debts and liabilities of the business. The disadvantage is that C Corporations are subject to double taxation. This means that the corporation pays taxes on its profits, and the shareholders also pay taxes on their dividends.

5) S Corporation

An S Corporation is a type of corporation that provides its owners with limited liability protection and allows them to pass their business income through to their personal income tax returns, thus avoiding double taxation. There are several limitations on S Corporations including the number of shareholders they can have among others.

Once you register your notary business, your state will send you your official “Articles of Incorporation.” You will need this among other documentation when establishing your banking account (see below). We recommend that you consult an attorney in determining which legal structure is best suited for your company.

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4. Secure Startup Funding for Your Notary Business (If Needed)

In developing your notary business plan , you might have determined that you need to raise funding to launch your business. 

If so, the main sources of funding for a notary business to consider are personal savings, family and friends, credit card financing, bank loans, crowdfunding and angel investors. Angel investors are individuals who provide capital to early-stage businesses. Angel investors typically will invest in a notary business that they believe has high potential for growth.

5. Secure a Location for Your Business

Here are a few tips to help you find the perfect location for your notary business:

• Look for a space that is centrally located and has good visibility from the street.
• Make sure the space is large enough to accommodate your office equipment and clientele.
• Contact your local Chamber of Commerce or Small Business Association for leads on available spaces.
• Review your lease agreement carefully to make sure you are aware of all the restrictions and requirements.

6. Register Your Notary Business with the IRS

Next, you need to register your business with the Internal Revenue Service (IRS) which will result in the IRS issuing you an Employer Identification Number (EIN).

Most banks will require you to have an EIN in order to open up an account. In addition, in order to hire employees, you will need an EIN since that is how the IRS tracks your payroll tax payments.

Note that if you are a sole proprietor without employees, you generally do not need to get an EIN. Rather, you would use your social security number (instead of your EIN) as your taxpayer identification number.

7. Open a Business Bank Account

It is important to establish a dedicated business banking account in your notary business’ name. This process is fairly simple and involves the following steps:

• Identify and contact the bank you want to use
• Gather and present the required documents (generally include your company’s Articles of Incorporation, driver’s license or passport, and proof of address)
• Complete the bank’s application form and provide all relevant information
• Meet with a banker to discuss your business needs and establish a relationship with them

8. Get a Business Credit Card

You should get a business credit card for your notary business to help you separate personal and business expenses.

You can either apply for a business credit card through your bank or apply for one through a credit card company.

When you’re applying for a business credit card, you’ll need to provide some information about your business. This includes the name of your business, the address of your business, and the type of business you’re running. You’ll also need to provide some information about yourself, including your name, Social Security number, and date of birth.

Once you’ve been approved for a business credit card, you’ll be able to use it to make purchases for your business. You can also use it to build your credit history which could be very important in securing loans and getting credit lines for your business in the future.

9. Get the Required Business Licenses and Permits

To start a notary business, you will need to obtain a notary public license from the state. You may also need to obtain other licenses and permits, depending on the nature of your business. Contact your Secretary of State’s office to learn about other local business licensing requirements that must be met. 

10. Get Business Insurance for Your Notary Business

The type of insurance you need to operate a notary business will depend on the type of business you are running.

Some business insurance policies you should consider for your notary business include:

• General liability insurance : This covers accidents and injuries that occur on your property. It also covers damages caused by your employees or products.
• Auto insurance : If a vehicle is used in your business, this type of insurance will cover if a vehicle is damaged or stolen.
• Workers’ compensation insurance : If you have employees, this type of policy works with your general liability policy to protect against workplace injuries and accidents. It also covers medical expenses and lost wages.
• Commercial property insurance : This covers damage to your property caused by fire, theft, or vandalism.
• Business interruption insurance : This covers lost income and expenses if your business is forced to close due to a covered event.
• Professional liability insurance : This protects your business against claims of professional negligence.

Find an insurance agent, tell them about your business and its needs, and they will recommend policies that fit those needs. 

11. Buy or Lease the Right Notary Business Equipment

To start a notary business, you will need to purchase a notary stamp and notary seal. You can find both of these items on the Secretary of State’s website. In addition, you will need a notary journal to record all of your notarizations. Finally, you will need some basic office equipment, such as a computer, printer, and scanning device.

12. Develop Your Notary Business Marketing Materials

Marketing materials will be required to attract and retain customers to your notary business.

The key marketing materials you will need are as follows:

• Logo : Spend some time developing a good logo for your notary business. Your logo will be printed on company stationery, business cards, marketing materials and so forth. The right logo can increase customer trust and awareness of your brand.
• Website : Likewise, a professional notary business website provides potential customers with information about the services you offer, your company’s history, and contact information. Importantly, remember that the look and feel of your website will affect how customers perceive you.
• Social Media Accounts : establish social media accounts in your company’s name. Accounts on Facebook, Twitter, LinkedIn and/or other social media networks will help customers and others find and interact with your notary business.

13. Purchase and Setup the Software Needed to Run Your Notary Business

Some of the most common notary software programs you may need include Adobe Acrobat, Notary Public, and Surety. You can find more information about these programs and others on the National Notary Association website.

14. Open for Business

You are now ready to open your notary business. If you followed the steps above, you should be in a great position to build a successful business. Below are answers to frequently asked questions that might further help you.

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How to Start a Notary Business FAQs

Is it hard to start a notary business.

No, it is not hard to be a notary signing agent . There are some minimum requirements you must meet, however. In most states, you need to pass an exam and complete a certain number of hours of training. You also have to be at least 18 years old and a U.S. citizen or legal resident.

How can I start a notary business with no experience?

Starting a notary business can be more difficult if you don't have any experience. One way to get started is to look for a notary business course or seminar. These courses can teach you the basics of what you need to know to start your own business. You can also find books and online resources that can help you get started. Finally, you may wan to network with other notaries to get advice and tips.

What type of notary business is most profitable?

The most profitable type of notary business is one that specializes in estate planning and document preparation. This type of business can expect to charge higher fees than other types of notary loan signing agents , and their services are in high demand.

How much does it cost to start a notary business?

The cost of being a notary loan signing agent can vary depending on the state in which you reside. In general, you will need to pay a filing fee to the state, and may also be required to purchase liability insurance. You will also need to purchase a notary stamp and seal.

Typically, the startup costs for a notary business range from $100 to $500.

What are the ongoing expenses for a notary business?

The ongoing expenses for notary signing agents can include items such as equipment, supplies, and marketing.

Standard equipment expenses include a computer, printer, scanner, and software. Supply expenses may include stamps, notary seals, envelopes, and paper. Marketing expenses such as website design and maintenance, advertising, and business cards should also be included in the budget. 

Some of these ongoing expenses may be tax deductible. It is important to speak with an accountant to determine what expenses can be claimed.

It is vital to keep track of all expenses related to the notary business to stay organized and efficient. By keeping track of costs, notaries can ensure that they operate their business in the most cost-effective way possible.

How does a notary business make money?

A notary public is a trusted public servant who witnesses the signing of important documents and performs other legal signing services. Notaries charge for their services, which can include loan signings , document authentication, witnessing signatures, and taking oaths. 

Many notaries also offer document translation services, which can be lucrative if the translator has a good reputation in the community. Some mobile notaries also provide notary services, which can be especially helpful for busy people who need to get documents notarized but can't take the time to go to a notary's office.

Is owning a notary business profitable?

The answer to this question depends on a number of factors, including the size of the local market for notary services and the fees that a notary charges. In general, owning a notary business can be profitable if it is well-run and marketed correctly.

There are many reasons owning a notary business can be profitable. For one, notaries are in high demand; there's always a need for notaries to witness the signing of important documents. Additionally, very little capital is typically required to start, so it's a relatively easy business to set up. Notary services are also relatively low-cost, so they can be a profitable venture even if you don't have many clients. Finally, because notary services are in high demand, you can typically charge fairly high fees for your services.

Why do notary businesses fail?

One of the biggest reasons notary businesses fail is because the owner does not have the proper knowledge or training about the business. Other reasons include poor marketing and not having a solid business plan.

Other Helpful Business Plan Articles & Templates

Notary Business Plan Template & Guidebook

Starting a notary business can seem like an intimidating process, but it doesn't have to be. With the right tools and guidance, you can create the perfect business plan to ensure your new notary business is successful from the start. The #1 Notary Business Plan Template & Guidebook offers an easy-to-use framework and comprehensive advice that will help you make your vision a reality.

Get worry-free services and support to launch your business starting at $0 plus state fees.

• How to Start a Profitable Notary Business [11 Steps]
• 10+ Best & Profitable Notary Business Ideas [2023]
• 25 Catchy Notary Business Names:

How to Write a Notary Business Plan in 7 Steps:

1. describe the purpose of your notary business..

The first step to writing your business plan is to describe the purpose of your notary business. This includes describing why you are starting this type of business, and what problems it will solve for customers. This is a quick way to get your mind thinking about the customers’ problems. It also helps you identify what makes your business different from others in its industry.

It also helps to include a vision statement so that readers can understand what type of company you want to build.

Here is an example of a purpose mission statement for a notary business:

Our mission is to provide efficient, accurate, and professional notary services with the highest level of integrity and quality customer service. We strive to build lasting relationships with all our clients by delivering reliable and automated services while ensuring the proper execution of important documents.

2. Products & Services Offered by Your Notary Business.

The next step is to outline your products and services for your notary business. 

When you think about the products and services that you offer, it's helpful to ask yourself the following questions:

• What is my business?
• What are the products and/or services that I offer?
• Why am I offering these particular products and/or services?
• How do I differentiate myself from competitors with similar offerings?
• How will I market my products and services?

You may want to do a comparison of your business plan against those of other competitors in the area, or even with online reviews. This way, you can find out what people like about them and what they don’t like, so that you can either improve upon their offerings or avoid doing so altogether.

3. Build a Creative Marketing Stratgey.

If you don't have a marketing plan for your notary business, it's time to write one. Your marketing plan should be part of your business plan and be a roadmap to your goals. 

A good marketing plan for your notary business includes the following elements:

Target market

• Who is your target market?
• What do these customers have in common?
• How many of them are there?
• How can you best reach them with your message or product?

Customer base 

• Who are your current customers? 
• Where did they come from (i.e., referrals)?
• How can their experience with your notary business help make them repeat customers, consumers, visitors, subscribers, or advocates for other people in their network or industry who might also benefit from using this service, product, or brand?

Product or service description

• How does it work, what features does it have, and what are its benefits?
• Can anyone use this product or service regardless of age or gender?
• Can anyone visually see themselves using this product or service?
• How will they feel when they do so? If so, how long will the feeling last after purchasing (or trying) the product/service for the first time?

Competitive analysis

• Which companies are competing with yours today (and why)? 
• Which ones may enter into competition with yours tomorrow if they find out about it now through word-of-mouth advertising; social media networks; friends' recommendations; etc.)
• What specific advantages does each competitor offer over yours currently?

Marketing channels

• Which marketing channel do you intend to leverage to attract new customers?
• What is your estimated marketing budget needed?
• What is the projected cost to acquire a new customer?
• How many of your customers do you instead will return?

Form an LLC in your state!

4. Write Your Operational Plan.

Next, you'll need to build your operational plan. This section describes the type of business you'll be running, and includes the steps involved in your operations. 

In it, you should list:

• The equipment and facilities needed
• Who will be involved in the business (employees, contractors)
• Financial requirements for each step
• Milestones & KPIs
• Location of your business
• Zoning & permits required for the business

What equipment, supplies, or permits are needed to run a notary business?

• Notary Certificates, Seals and Embossers
• Notary stamp and/or journal
• Knowledge of state laws and protocol
• Bonds, insurance, and a notary public commission from the state
• Computer software and/or mobile app for managing notary services
• Photo identification for clients
• Forms necessary to perform specific types of notarial acts
• An updated knowledge of the document services field

5. Management & Organization of Your Notary Business.

The second part of your notary business plan is to develop a management and organization section.

This section will cover all of the following:

• How many employees you need in order to run your notary business. This should include the roles they will play (for example, one person may be responsible for managing administrative duties while another might be in charge of customer service).
• The structure of your management team. The higher-ups like yourself should be able to delegate tasks through lower-level managers who are directly responsible for their given department (inventory and sales, etc.).
• How you’re going to make sure that everyone on board is doing their job well. You’ll want check-ins with employees regularly so they have time to ask questions or voice concerns if needed; this also gives you time to offer support where necessary while staying informed on how things are going within individual departments too!

6. Notary Business Startup Expenses & Captial Needed.

This section should be broken down by month and year. If you are still in the planning stage of your business, it may be helpful to estimate how much money will be needed each month until you reach profitability.

Typically, expenses for your business can be broken into a few basic categories:

Startup Costs

Startup costs are typically the first expenses you will incur when beginning an enterprise. These include legal fees, accounting expenses, and other costs associated with getting your business off the ground. The amount of money needed to start a notary business varies based on many different variables, but below are a few different types of startup costs for a notary business.

Running & Operating Costs

Running costs refer to ongoing expenses related directly with operating your business over time like electricity bills or salaries paid out each month. These types of expenses will vary greatly depending on multiple variables such as location, team size, utility costs, etc.

Marketing & Sales Expenses

You should include any costs associated with marketing and sales, such as advertising and promotions, website design or maintenance. Also, consider any additional expenses that may be incurred if you decide to launch a new product or service line. For example, if your notary business has an existing website that needs an upgrade in order to sell more products or services, then this should be listed here.

7. Financial Plan & Projections

A financial plan is an important part of any business plan, as it outlines how the business will generate revenue and profit, and how it will use that profit to grow and sustain itself. To devise a financial plan for your notary business, you will need to consider a number of factors, including your start-up costs, operating costs, projected revenue, and expenses. 

Here are some steps you can follow to devise a financial plan for your notary business plan:

• Determine your start-up costs: This will include the cost of purchasing or leasing the space where you will operate your business, as well as the cost of buying or leasing any equipment or supplies that you need to start the business.
• Estimate your operating costs: Operating costs will include utilities, such as electricity, gas, and water, as well as labor costs for employees, if any, and the cost of purchasing any materials or supplies that you will need to run your business.
• Project your revenue: To project your revenue, you will need to consider the number of customers you expect to have and the average amount they will spend on each visit. You can use this information to estimate how much money you will make from selling your products or services.
• Estimate your expenses: In addition to your operating costs, you will need to consider other expenses, such as insurance, marketing, and maintenance. You will also need to set aside money for taxes and other fees.
• Create a budget: Once you have estimated your start-up costs, operating costs, revenue, and expenses, you can use this information to create a budget for your business. This will help you to see how much money you will need to start the business, and how much profit you can expect to make.
• Develop a plan for using your profit: Finally, you will need to decide how you will use your profit to grow and sustain your business. This might include investing in new equipment, expanding the business, or saving for a rainy day.

Frequently Asked Questions About Notary Business Plans:

Why do you need a business plan for a notary business.

A business plan for a notary business is needed to outline the necessary steps to start, grow and maintain the business. It helps to identify target markets, develop strategies for reaching them, and create a budget for the startup costs and ongoing expenses. Finally, it allows potential investors and lenders to evaluate the potential success of the business.

Who should you ask for help with your notary business plan?

You should consult with a business consultant, financial advisor, and/or an accountant to help with your notary business plan. Additionally, you can contact your local or state department of commerce for information about notary regulations and licensing requirements, as well as resources for creating a business plan.

Can you write a notary business plan yourself?

Yes, you can. Creating a notary business plan is similar to creating a business plan for any other type of business. The process typically involves researching the current market, making an analysis of your competitors, creating a budget, outlining company goals and objectives, preparing a marketing plan, and detailing financial projections for the coming years. The time and effort required to create a business plan may vary depending on the complexity of the venture and your experience in writing such plans.

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I'm Nick, co-founder of newfoundr.com, dedicated to helping aspiring entrepreneurs succeed. As a small business owner with over five years of experience, I have garnered valuable knowledge and insights across a diverse range of industries. My passion for entrepreneurship drives me to share my expertise with aspiring entrepreneurs, empowering them to turn their business dreams into reality.

Through meticulous research and firsthand experience, I uncover the essential steps, software, tools, and costs associated with launching and maintaining a successful business. By demystifying the complexities of entrepreneurship, I provide the guidance and support needed for others to embark on their journey with confidence.

From assessing market viability and formulating business plans to selecting the right technology and navigating the financial landscape, I am dedicated to helping fellow entrepreneurs overcome challenges and unlock their full potential. As a steadfast advocate for small business success, my mission is to pave the way for a new generation of innovative and driven entrepreneurs who are ready to make their mark on the world.

Beginner’s Guide to Launching a Notary Public Business

Main Sections In This Post Steps To Starting A Notary Public Business Points to Consider Resources Knowledge Is Power Featured Video

This article provides valuable insights into establishing your notary public practice. It presents a comprehensive, step-by-step guide to help you navigate the process effectively, along with a wealth of essential resources.

With vast information to explore, it would be prudent to bookmark this page for future reference. If you find this post helpful, please consider sharing it with others who may benefit from the information provided.

Let’s get started with the steps.

Steps to Starting a Notary Public Business

1. gaining an overview of what you’re getting into.

This section provides valuable insights and guidance to assist you in making informed decisions regarding your notary public business.

The success of your notary public venture hinges on a critical factor: yourself.

Comprehending your personal sentiments and aspirations related to owning and operating a business is crucial.

Devoting time to this section will empower you to make well-informed choices when embarking on your journey to start a notary public business.

a.) Is Starting a Notary Public Business the Right Step for You?

Passion plays a vital role in achieving success in the notary public industry.

Your passion will serve as the driving force behind your determination.

When faced with challenges, your passion will push you to seek solutions. Without passion, it becomes difficult to find a way forward.

Let’s consider a hypothetical scenario: Imagine winning the lottery. You generously assist your loved ones and contribute to charitable causes.

Over the next few years, you embark on a global adventure, acquire your dream home, and secure a vacation property for relaxing weekend getaways.

You possess all the cars and the latest gadgets you’ve ever desired. Every material possession is within your reach. Even after all this, you still have millions of dollars in cash and investments, providing you with a lifetime of financial security.

Now, let’s consider an important question:

Would you still establish a notary public business in such a situation?

If your answer is yes, you genuinely possess a passion for starting a notary public business and are on the right path.

However, if your answer is no, it prompts another question:

What alternative path would you prefer to pursue instead? It may be worthwhile to explore that avenue.

The exercise above is to help shift your focus away from purely monetary gains and encourage you to select a business that aligns with your true passion.

For More, See How Passion Affects Your Business . Also, see,  Considerations Before You Start Your Business to identify key points for a new business owner.

2. An Overview of Owning a Notary Public Business

A.) a quick overview of owning a notary public business:.

Operating a notary public business entails various responsibilities and considerations. As a notary public, you will serve as a neutral witness to signing important documents and verifying the authenticity of signatures.

This role requires attention to detail, adherence to legal requirements, and strong organizational skills. Building a client base and establishing a professional reputation is essential for success.

You must stay updated on state-specific regulations and maintain proper record-keeping practices. Effective communication and customer service skills are crucial for interacting with clients and handling inquiries.

As a notary public business owner, you can provide valuable services to individuals and businesses needing notarization, contributing to their legal and administrative processes.

b.) Key Points To Succeed in Notary Public Business:

Achieving success in the operation of a notary public business involves focusing on key factors. Building a strong reputation within your community is vital, as it can lead to repeat clients and referrals.

Emphasizing professionalism and maintaining a high standard of service will help establish trust with your clients. Additionally, staying updated on the latest notary laws and regulations is crucial to ensure compliance and provide accurate services.

Effective marketing strategies, such as online presence and networking within professional circles, can help attract new clients. Developing strong organizational skills and implementing efficient record-keeping systems will contribute to smooth operations.

Finally, excellent communication and customer service skills are essential for building positive relationships with clients and addressing their needs promptly and professionally.

c.) Challenges of Running a Notary Public Business:

Running a notary public business presents certain challenges that business owners should be prepared for. One of the primary challenges is competition, as often, multiple notaries operate within a given area.

Standing out among competitors requires effective marketing strategies and a strong professional reputation. Another challenge is staying updated on changing laws and regulations governing notarial acts, ensuring compliance, and providing accurate services.

Managing the administrative aspects of the business, such as maintaining proper record-keeping and handling client inquiries, can also be demanding.

Building a steady client base and maintaining client relationships may also require dedicated effort and effective networking.

Adapting to technological advancements and utilizing digital tools for notarial services can also present a learning curve. Overcoming these challenges requires resilience, continuous learning, and a commitment to providing exceptional service.

d.) Pros and Cons of Owning a Notary Public:

• Provides an opportunity to offer valuable services to individuals and businesses
• Flexibility in setting working hours and location
• Low startup costs compared to many other businesses
• Potential for repeat clients and referrals
• Opportunities for professional networking and building relationships
• Fulfilling role as a trusted witness in important legal transactions
• Facing competition from other notaries in the area
• Staying updated on changing laws and regulations
• Administrative tasks, such as record-keeping and handling inquiries, can be time-consuming
• Limited income potential, especially in areas with low demand
• Dependency on external factors, such as clients needing notarization services

e.) Notary Public Business Models:

Notary public business setups can vary, including:

Independent Notary:

• Operating as a sole proprietor, offering notary services independently
• Directly interacting with clients and managing all aspects of the business

Mobile Notary:

• Providing notary services on the go, traveling to clients’ locations
• Offering convenience and flexibility to clients

Notary Service Agency:

• Establishing an agency that employs multiple notaries
• Handling client inquiries, scheduling appointments, and coordinating notarial services

f.) Customer Expectations:

Customers expect the following from a notary public business:

• Professionalism and integrity in handling confidential documents
• Knowledge of notarial laws and adherence to legal requirements
• Prompt and efficient service delivery
• Clear communication and responsiveness to inquiries
• Attention to detail and accuracy in verifying signatures and documents
• Maintaining confidentiality and privacy of client information

g.) Making Your Notary Public Business Stand Out:

• Emphasize exceptional customer service and go the extra mile for clients
• Develop a strong online presence with a professional website and social media profiles
• Offer additional services beyond basic notarization, such as document preparation or apostille services
• Establish partnerships with local businesses or attorneys for referrals
• Provide educational resources or workshops on notarial topics for clients
• Seek certification or specialized training to showcase expertise in specific industries or document types

h.) Add-On Ideas for a Notary Public Business:

• Offering mobile notary services for clients who require on-site notarization
• Providing document translation services for non-English speaking clients
• Assisting clients with document preparation, ensuring accuracy and completeness
• Offering remote online notarization services for clients in different locations
• Providing electronic document storage and retrieval services for clients’ convenience
• Offering specialized notarial services for specific industries, such as real estate or healthcare

3. Research

Notary public business research.

It is crucial to conduct thorough research on the notary public industry before taking any action. Familiarizing yourself with the field will give you a realistic understanding of what to expect. Without proper knowledge, you may find yourself in unforeseen situations.

Accessing high-quality information is vital for making informed decisions and gaining insights into whether this business suits you. One valuable source of information is individuals already established in the industry. They possess the expertise to provide reliable information.

Spending time with experienced professionals can be invaluable, allowing you to tap into their years of knowledge and experience. I have written an article that offers guidance on identifying the right people to connect with and approaching them for insights.

I strongly recommend reading the following article, accessible through the link below, before launching your business. It presents an opportunity to develop a strong understanding of the industry you are entering:

See An Inside Look Into the Business You Want To Start  for all the details.

Target Audience

Understanding your target market is essential when running a notary public business.

It involves gaining insights into your potential customers’ demographics, needs, and preferences. This knowledge allows you to tailor your services and marketing efforts to effectively reach and engage your target audience.

Here are some examples of people who are likely to be interested in your notary public services:

• Individuals purchasing or selling real estate
• Small business owners in need of legal document notarization
• Legal professionals requiring notarized affidavits or contracts
• Individuals planning to get married need notarized marriage licenses
• Estate planners or executors requiring notarized wills or power of attorney documents

Understanding your customers’ preferences enables you to improve your advertising strategies and enhance sales by delivering targeted messages and personalized experiences.

For further information, see How To Understand Your Target Market.

4. Looking at Financials:

This section provides an overview of crucial financial aspects when starting a notary public business, including startup costs, sales, and profits.

Startup Costs:

Accurately estimating startup costs is essential for a smooth launch. Underestimating can lead to financial difficulties and delay the opening while overestimating may hinder funding opportunities.

Begin by creating a comprehensive list of necessary items and their associated prices. Additional considerations may arise as you progress, allowing you to update the list.

Factors such as business size, hiring decisions, and location selection impact costs and the choice between new or used equipment.

For more detailed information, refer to my article on  Estimating Startup Costs.

Sales and Profit:

Your sales are influenced by product and service popularity, demand, and effective marketing strategies to reach your target audience.

Profitability:

Profitability extends beyond individual sales, encompassing rent, payroll, and overhead costs.

To ensure success, you must generate sufficient sales with favorable profit margins to cover monthly expenses and support personal living costs.

Careful financial management is crucial in maintaining a profitable notary public business.

For More, See Estimating Profitability and Revenue

Sample Financial Lists As a Starting Point

Initial Costs for a Notary Public Business

• Notary Training Costs: $100-$500
• Notary Exam Fee: $40-$100
• Notary Application Fee: $20-$60
• Notary Commission Fee: $10-$50
• Notary Bond: $50-$100
• Notary E&O Insurance: $300-$500
• Notary Stamp and Seal: $20-$50
• Notary Journal: $10-$30
• Notary Public Business Cards: $50-$100
• Notary Public Website Development: $500-$2,000
• Legal and Professional Fees: $1,000-$3,000
• Advertising and Marketing Costs: $500-$1,000

Total Initial Costs: $2,600-$7,490

Estimated Monthly Expenses for a Notary Public Business

• Office Rent (If applicable): $200-$800
• Utilities: $50-$200
• Internet: $50-$100
• Cell Phone: $50-$100
• Insurance: $25-$50
• Fuel and Vehicle Maintenance: $100-$300
• Website Maintenance and Hosting: $10-$50
• Advertising and Marketing: $200-$500
• Office Supplies: $20-$50
• Professional Fees (Accountant, Lawyer): $100-$300
• Miscellaneous Expenses: $50-$100

Total Monthly Expenses: $855-$2,250

Moderately Profitable Projection for Revenue and Profit

Assuming a notary charges an average of $10 per notary act (this varies widely by state and the services offered, some notaries charge much more), completes an average of 20 notary acts per day, works 20 days per month:

• Total Monthly Revenue: $10 * 20 acts/day * 20 days/month = $4,000
• Less Monthly Expenses (using the high end of the range above): -$2,250
• Profit Before Taxes: $1,750 per month or $21,000 per year

Please note:

You can use these as a starting point for your research. Note: Every situation is different, and many factors come into play, but these lists will give you a starting point to build ones for your notary public business.

Remember, these are just estimates, and your actual costs or revenue could be higher or lower.

Starting a business involves careful planning and consideration. Always seek professional advice when calculating your business’s startup costs, expenses, and potential revenue.

5. Choosing The Right Business Location

Choosing the right operating model for your notary public business can be the difference between success and failure.

Choosing a model with no demand for your notarial services will lead to failure even before you launch your business.

You will struggle to attract clients if you operate in an area with too many notaries.

Ultimately, you want a business model that aligns with the demand and an acceptable level of competition in your target market.

Another important point is affordability. Operating as a mobile notary offers convenience to clients and potential exposure to a wider market. Still, considering the associated costs like fuel and vehicle maintenance, you must ensure your business will be profitable.

The same goes if you look at it from the opposite side. You might find a traditional office setup that is significantly cheaper to run, but will it have enough demand to support your business?

Choosing the right operating model and market is an essential factor in the success of your notary public business. Research it carefully to confirm you are making the right choice.

For more about business locations, see Choosing The Best Location for Your Business.

6. Choose a Business Name

When choosing your notary public business name, you want something professional, easy to remember, and appropriate to your services. Ideally, it should be easy to pronounce and resonate with your target audience.

The name you choose for your notary business will likely remain unchanged for the duration of your venture, so it’s crucial to select a name that fits your business and one that you’ll be happy with now and in the years to come.

In addition, securing a matching domain name for your website is vital for your online presence. You must also ensure the name you want isn’t already registered by another business.

Here are some Notary Public Business name ideas:

• Reliable Mobile Notary
• Signature Secure Notary
• The Traveling Notary
• Trustworthy Notary Services
• Certify-It Notary Services
• Quick Sign Notary
• On-Demand Notary Pro
• Document Diplomat Notary
• Affirmation Station Notary
• YourLocal Notary Pro
• SignSafe Mobile Notary
• Seal the Deal Notary Services
• DocuSign Notary Solutions
• AuthentiCare Notary Services
• ProVerify Notary Services
• Righteous Notary Services
• CertiGo Mobile Notary
• SignSure Notary Services
• ProvenSign Notary Services
• Notary Navigate

Remember, this list of names is intended to ignite your creativity and help you develop an original name that isn’t currently used by another business and is available for registration.

Conduct thorough research to ensure your chosen business and domain names are available before committing to them.

For this important step, see How to Choose a Business Name.

7. Register Your Company

Registering your notary public business is of utmost importance as it establishes your legal presence and ensures compliance with applicable regulations.

It provides credibility and legitimacy to your operations while offering certain protections and benefits. Consider the following factors when registering your notary public business:

• Legal Entity: Decide on the appropriate legal structure for your business, such as a sole proprietorship , partnership , or limited liability company ( LLC ). Each structure has its own implications regarding liability, taxes, and management.
• Business Name: Choose a unique and recognizable name for your notary public business. Ensure that it complies with any naming requirements in your jurisdiction and is not already used by another business.
• Local Government Registration: Check with your local government authorities to determine if there are any specific registration requirements for operating a notary public business in your area.

Permits and Licenses:

• Notary Public Commission: Obtain a notary public commission from the appropriate regulatory body in your jurisdiction. This license grants you the legal authority to perform notarial acts.
• Business License : Depending on your location, you may need to obtain a general or specific license for operating a notary public business.
• Professional Liability Insurance: Consider obtaining professional liability insurance to protect yourself from potential errors or omissions in performing notarial acts.

Researching and complying with all applicable regulations and licensing requirements specific to your jurisdiction is crucial.

Consulting with legal and business professionals can provide valuable guidance throughout registration.

See, How to Register your Business  for more.

8. Create Your Corporate Identity

A Corporate ID , also known as a corporate identity, plays a crucial role in representing your notary public business.

The significance lies in creating a positive first impression . You strive for a consistent and professional design that leaves a lasting impact on both new and existing customers.

A Corporate ID encompasses several essential components, including :

Logo : A unique visual symbol that embodies your business identity.

Business Cards : Professionally designed cards that provide contact information and reflect your brand.

Website : An online platform that showcases your services, expertise, and contact details.

Stationary : Consistent design elements applied to letterheads, envelopes, and other business documents.

Business Sign : A physical sign that displays your business name and logo at your location.

Promotional Items : Customized items like pens, notepads, or keychains that feature your branding.

Establishing a strong and cohesive Corporate ID enhances brand recognition, professionalism, and customer trust in your notary public business.

Consistency and quality across all components are key to making a positive and lasting impression.

See A Complete Introduction to Corporate Identity Packages for more.

9. Writing a Business Plan

A Business Plan is an essential document for your notary public business.

It serves multiple purposes, such as acquiring funding and attracting investors. Moreover, it acts as a roadmap to guide you throughout the startup phase and the operation of your business.

Writing a business plan requires careful consideration and effort as it outlines the vision for your business once it is operational. It expresses the necessary details and clearly explains what is needed to commence and operate your business successfully.

When creating your business plan, you have various options available. You can write it from scratch, hire a professional, use a template, or utilize business plan software.

Regardless of your chosen approach, active participation is crucial, particularly if you hire a professional. This ensures that your business plan is distinctive and effectively conveys the nature of your intended notary public business.

It is important to note that your business plan can evolve and be optimized as you gain experience.

Regularly reviewing the document and making necessary adjustments is advisable, as it allows you to adapt to changes in your business operations and improve its overall effectiveness.

A Sample Business Plan for a Notary Public Business.

Executive Summary

Business Name: “Mobile Notary Services, Inc.”

Objective: To provide on-demand, mobile notary public services to clients in the greater metropolitan area. Our services will cater to individuals, small businesses, large corporations, legal firms, real estate agencies, and other organizations that require regular notarization.

Mission: To offer reliable, professional, and timely notary services at competitive prices, ensuring maximum convenience for our clients.

Business Description and Structure

Mobile Notary Services, Inc. is a sole proprietorship owned by a commissioned notary public. The business primarily provides mobile notary services, traveling to clients’ locations for convenience.

Market Analysis

Industry Overview: The notary industry is an integral part of the legal system, with demand driven by various sectors, including real estate, legal services, healthcare, and small businesses.

Target Market: Our primary target market includes law firms, real estate agencies, small businesses, and individuals in the greater metropolitan area.

Competition Analysis: There are several notary public businesses in the area. However, few provide mobile services. Our competitive edge lies in our mobile offerings, competitive pricing, and exceptional customer service.

Our services include acknowledging signatures, administering oaths and affirmations, taking affidavits, and performing other notarial acts allowed by law. Our mobile services provide convenience to our customers by traveling to their desired location at a suitable time.

Marketing and Sales Strategy

Our marketing strategy will rely heavily on digital marketing (website and social media), direct mail, and networking within local business organizations. We will also ask for referrals from satisfied customers and provide referral incentives.

The sales strategy will focus on building relationships with businesses that frequently need notary services, such as law firms and real estate agencies. Customer service will be our top priority to foster repeat business and word-of-mouth referrals.

Financial Projections

Based on initial cost estimates and ongoing expenses, and assuming an average of 20 notarizations per workday, we project a first-year net profit of approximately $21,000, increasing as the business grows and adds more clients.

Implementation Plan

The business will be launched over a three-month period. Activities will include acquiring the necessary training and certifications, purchasing equipment, developing the website, and initial marketing efforts.

Mobile Notary Services, Inc. is poised to fill a gap in the local market for convenient, reliable notary services. With a strong marketing plan, quality customer service, and the convenience of mobile services, the business is set up for success.

This business plan should be used as a guide. Every situation is different, and many factors come into play. It’s always a good idea to seek professional advice when crafting a business plan.

For information on creating your business plan, see,  How to Write a Business Plan.

10. Banking Considerations

When establishing a notary public business, it is beneficial to consider selecting a nearby bank that specifically caters to business owners. Here are some reasons why:

Business Account: Opening a dedicated business account lets you separate your business expenses from personal spending. This separation offers several advantages, including:

• Easy tracking of business-related expenses.
• Simplified bookkeeping and record-keeping processes.
• Provides proof of legitimate business transactions in the event of a tax audit.

Professional Relationship: Developing a professional relationship with your banker can be advantageous in various ways:

• They can guide and assist when you require funding for your notary public business.
• Offering valuable advice and insights related to financial management and business operations.
• Streamlining loan processes and expediting approval for credit or financing needs.

Merchant Account: Consider applying for a merchant account to accept your clients’ credit and debit card payments. Benefits include:

• Expanding payment options for customers, enhancing convenience and flexibility.
• Increasing your business’s credibility and professionalism.
• A closer relationship with your banker can facilitate a smoother process in setting up the merchant account.

By selecting a bank that caters to business owners and establishing a positive rapport with your banker, you can access various financial services and expertise that can contribute to the growth and success of your notary public business.

For more, see, How to Open a Business Bank Account. You may also want to look at, What Is a Merchant Account and How to Get One.

11. Getting the Funds for Your Operation

Funding is crucial when starting and operating your notary public business. Consider the following points:

Funding Options: Explore various funding options available to you, such as:

• Traditional lenders: Banks and credit unions offering business loans.
• Private loans: Borrowing from friends, family, or private lenders.
• Investors: Seeking investment from individuals or venture capitalists.
• Selling assets: Liquidating personal assets to generate funds.
• Collateral: Providing collateral to secure a loan.

Meeting with a Loan Officer: When meeting with a loan officer, keep the following considerations in mind:

• Prepare a well-structured business plan showcasing your goals, market analysis, and financial projections.
• Highlight your experience and qualifications in the notary public industry.
• Demonstrate a solid understanding of your target market and competitive landscape.
• Be prepared to discuss your funding needs, repayment plan, and potential risks.

Sample list of documents needed to apply for a business loan for a NEW notary public business:

• Business plan with financial projections.
• Personal and business tax returns.
• Bank statements for both personal and business accounts.
• Proof of collateral, if applicable.
• Identification documents, such as driver’s license or passport.
• Legal documents, including licenses and permits.
• Any relevant industry certifications or qualifications.

By carefully considering funding options, preparing necessary documents, and effectively communicating your business plan, you can increase your chances of securing the funding needed to establish and operate your notary public business.

See, Getting a Small Business Loan for more.

12. Software Setup

Software Considerations for a Notary Public Business:

When selecting software for your notary public business, it is important to consider the following points:

• Ease of Implementation : It is easier to implement a software program from scratch rather than switching to a new system after your data is already in another program. Therefore, conducting thorough research and choosing the right software initially can save you time and effort in the long run.
• Demo, Reviews, and Forums : Look for software providers that offer demos or trial versions. This allows you to test the software’s features and functionalities before making a decision. Additionally, read reviews and explore forums to gather insights from other users’ experiences with the software.
• Expense Tracking and Financial Documents : Research software solutions for tracking expenses and preparing financial documents required for tax filing. Consulting with your bookkeeper or accountant can provide valuable guidance in selecting the right accounting software that aligns with your needs.

List of Software Used for a Notary Public Business:

• Notary management software: Streamlines appointment scheduling, document tracking, and client communication.
• Document management software: Facilitates secure storage and organization of notarized documents.
• Accounting software: Helps track income and expenses, manage invoices, and generate financial reports.
• Electronic signature software: Enables clients to sign documents digitally, enhancing efficiency and convenience.
• Customer relationship management (CRM) software manages client information, communication, and follow-ups.
• Compliance software: Ensures adherence to notarial regulations and document verification processes.

By carefully evaluating software options and selecting the right tools for your notary public business, you can streamline operations, improve productivity, and enhance the overall efficiency of your business processes.

Check out Google’s latest search results for software packages for a notary public business.

13. Get The Right Business Insurance

Insurance Considerations for a Notary Public Business:

When seeking insurance coverage for your notary public business, it is important to address the following concerns:

• Customers, employees, and any individuals present on the premises.
• Your professional liabilities and potential lawsuits.
• Your property, equipment, and valuable assets.
• Home-Based Business : If you plan to operate or manage your business from your home, inform your home insurance agent about your business activities. This is important because conducting business at home may impact your existing home insurance policy and require additional coverage.
• Professional Liability Insurance : Consider obtaining professional liability insurance, also known as errors and omissions (E&O) insurance. This coverage protects you against claims and legal actions arising from errors, omissions, or negligence in performing notarial acts.
• Expert Guidance : Utilize the services of a competent insurance broker with experience in the notary public industry. An insurance broker can guide you through the process, assess your specific needs, and help you secure sufficient coverage for your business.
• Policy Review and Updates : Regularly review your insurance policies to ensure they remain up to date and provide adequate coverage for your evolving business needs. Notify your insurance provider of any changes in your business operations or activities to maintain accurate coverage.

By addressing these concerns and working with an experienced insurance professional, you can safeguard your notary public business against potential risks and ensure appropriate insurance coverage.

For more, see What to Know About Business Insurance . You can also browse the latest Google search results for notary public business insurance .

14. Physical Setup

A notary public business’s physical setup or layout should be organized and functional.

Ensure a designated area for client reception and comfortable seating.

Have a well-equipped workspace with essential tools and supplies for notarization. Maintain a professional and welcoming environment for clients.

Besides installing a prominent business sign, it is crucial to include signage in all relevant areas of your notary public business. This includes parking lots, exits, and special areas.

Well-designed signs help guide people and showcase professionalism in your operations, enhancing the overall customer experience.

Office Setup: Create an efficient and organized office setup for your notary public business. Consider the following aspects:

• Ensure a dedicated workspace with a comfortable desk, chair, and proper lighting.
• Set up filing systems and storage solutions for important documents and supplies.
• Have essential equipment such as a computer, printer, scanner, and notary stamp readily accessible.
• Arrange a client-friendly area with seating, a designated signing table, and privacy measures as needed.
• Keep the office clean, clutter-free, and well-maintained to project a professional image.

See, Here are Considerations for The Setup of Your Office, for tips and ideas to make your office work for you. Also, have a look at our article About Company Signs.

15. Creating a Website

Having a website for your notary public business offers several benefits:

• Increased online visibility and accessibility for potential clients.
• A professional online presence that showcases your services and expertise.
• Convenient information and contact details for clients seeking notarial services.
• Opportunities for online appointment scheduling and communication.
• Credibility and trust-building with a well-designed and informative website.

For more, see How to Build a Website for Your Business .

17. Hiring Employees

Hiring Employees for a Notary Public Business:

Initially, operating the business independently is a viable option to minimize expenses.

However, as your business grows, managing and operating it alone may become overwhelming. Hiring employees can significantly enhance productivity if you find the right individuals. Consider the following job positions or outsourced services as your notary public business grows and becomes successful:

• Notary Public Assistants: Support in administrative tasks, appointment scheduling, and document preparation.
• Receptionist or Customer Service Representative: Handle client inquiries, appointment coordination, and assist.
• Marketing Specialist: Develop and execute marketing strategies to promote your notary public services.
• Bookkeeper or Accountant: Manage financial records, bookkeeping, and tax obligations.
• IT Support: Ensure smooth operation of technical systems, software, and network infrastructure.
• Compliance Officer: Oversee adherence to notarial regulations and maintain proper record-keeping practices.
• Human Resources Manager: Handle employee-related matters, such as hiring, training, and performance evaluation.

Remember, the need for these positions may vary depending on the size and complexity of your notary public business.

As your business grows, carefully assess the requirements and consider hiring or outsourcing tasks to ensure efficient operations and continued success.

For more, see, How and When to Hire a New Employee.

Points To Consider

Hours of operation:.

The following are hours of operation to consider for a notary public business:

• Monday to Friday: 9:00 AM to 5:00 PM
• This aligns with standard business hours and caters to clients seeking notarial services during typical working days.
• Monday to Friday: 8:00 AM to 7:00 PM
• This accommodates clients who may require notarial services outside of regular business hours.
• Saturday: 9:00 AM to 1:00 PM
• This provides flexibility for clients who cannot visit during weekdays due to work or personal commitments.
• Operating by appointment only allows flexibility in scheduling based on client needs.
• This ensures dedicated attention and minimizes wait times for clients.

Note: The specific hours of operation may vary based on the location, target market, and competition in your area. It is essential to conduct market research and consider customer preferences and demand when determining the most suitable hours of operation for your notary public business.

A List of Equipment You May Need for a Notary Public Business:

• Notary Seal or Stamp: Imprinting the official notary seal on documents.
• Notary Journal: A record-keeping book to document notarial acts performed.
• Document Signing Table: A designated area for clients to sign documents during notarization.
• Desk and Chair: A comfortable workspace for administrative tasks and client consultations.
• Computer: Essential for document preparation, communication, and research.
• Printer: To print documents and notary certificates.
• Scanner: For digitizing paper documents and maintaining electronic records.
• Shredder: To securely dispose of sensitive client information.
• Office Supplies: Pens, paper, file folders, envelopes, and other stationery items.
• Secure Storage: Cabinets or lockable drawers to store confidential documents.
• Internet Connection: Essential for online research, communication, and accessing digital resources.
• Telephone or VoIP System: For effective communication with clients and business contacts.
• Security System: To protect sensitive client information and secure the physical premises.
• Backup System: External hard drives or cloud storage for data backup and protection.
• Furniture and Seating: Comfortable seating for clients and functional furniture for the office space.

Note: The specific equipment needs may vary based on your business model, size, and specific services offered.

Assessing your requirements and considering any additional equipment or specialized tools necessary for your notary public business is important.

Marketing Considerations

Attracting customers is vital for the success of a notary public business. Initially, it can be challenging as your operation is new and unfamiliar to people.

However, attracting customers becomes easier as you build a good reputation over time. With experience, you gain valuable insights into effective marketing strategies.

Marketing your notary public business is an ongoing effort. By investing in proven marketing techniques, you can generate more revenue.

While you may not always require a marketing agency or expert, you can simplify the process by raising awareness about your business whenever an opportunity arises.

Consider the following approaches to market your notary public business:

• Online Presence: Develop a professional website, utilize social media platforms, and optimize your online profiles to reach a broader audience.
• Networking: Attend industry events, join professional associations, and actively engage in networking activities to build connections and referrals.
• Word-of-Mouth: Provide exceptional service to clients, encouraging them to spread positive reviews and recommend your services to others.
• Community Involvement: Sponsor local events, participate in community initiatives, and establish partnerships with other businesses to enhance visibility.
• Targeted Advertising: Utilize online or traditional advertising platforms to effectively reach your target audience.

Remember, consistent and strategic marketing efforts are crucial for maintaining and growing your customer base, ensuring the long-term success of your notary public business.

See our article How To Get Customers Through the Door and our marketing section for articles that will provide ideas to bring awareness to your notary public business.

Focusing on your skill set and evaluating whether you possess the necessary abilities to run a notary public business is crucial.

It ensures you can effectively handle the profession’s demands and provide quality services. If you lack a specific skill, remember that you have the option to learn it or hire someone with expertise in that area.

List of Essential Skills for a Notary Public Business Owner:

• Attention to Detail : Being meticulous and thorough in document verification and notarization processes.
• Communication Skills : Effectively conveying information, listening attentively, and maintaining clear and professional communication with clients.
• Ethics and Integrity : Adhering to ethical standards, maintaining confidentiality, and conducting notarial acts with integrity.
• Organization and Time Management : Managing appointments, scheduling, and maintaining accurate records.
• Customer Service : Providing exceptional service, handling client inquiries, and maintaining professionalism.
• Legal Knowledge : Understanding notarial laws, regulations, and requirements in your jurisdiction.
• Technology Proficiency : Familiarity with digital tools, document management software, and online communication platforms.
• Problem-Solving : Identifying and resolving issues that may arise during notarial acts or in managing business operations.
• Business Acumen : Basic understanding of financial management, marketing strategies, and business development.
• Continuous Learning : Willingness to stay updated with industry trends, legal changes, and professional development opportunities.

These essential skills, combined with a passion for providing reliable notary public services, contribute to your business’s success and your clients’ satisfaction.

Expert Tips

Examining expert tips is beneficial for both seasoned professionals and novices in improving their skills. Experts may discover more efficient methods or gain fresh perspectives on techniques.

Novices, on the other hand, can acquire numerous tips to enhance their skills and knowledge significantly. Continuous learning from experts can lead to continuous growth and improvement in your field.

See the latest search results for expert notary public tips to gain tips and insights.

This section will provide valuable resources that provide the latest and most popular information relevant to the notary public industry. These resources are beneficial during both the startup phase and when your business is fully operational.

Utilizing these resources can enhance your understanding of the industry and gain valuable tips for improving your notary public business.

Stay updated with the latest trends, regulations, and best practices to ensure your business thrives and continues to deliver exceptional services to your clients.

Industry Trends and Statistics

Examining industry trends and statistics provides several benefits for a notary public business. It offers insights into market demand, customer preferences, and emerging opportunities.

You can make informed decisions, adapt your strategies, and stay ahead in a competitive landscape by staying informed.

See the latest search results for trends and statistics related to the notary public industry.

Notary Public Associations

Trade associations provide various advantages for notary public businesses, including informing you about industry news and updates.

They also offer valuable networking opportunities to connect with industry professionals.

The benefits are particularly prominent when associations organize events, fostering collaboration and knowledge-sharing within the industry.

See the search results related to notary public associations.

Top Notary Public Business

Examining established notary public businesses can provide inspiration and insights.

You might be able to identify gaps in the industry where you can introduce innovative solutions or discover areas of improvement in your business that may have been overlooked.

Learn from their successes and challenges to enhance your own operations.

See the latest search results for the top notary public businesses.

The Future of the Notary Public Industry

Researching the future of the notary public industry offers several benefits for individuals looking to start a business. It provides insights into emerging trends, technologies, and potential opportunities.

By staying informed about the industry’s direction, you can make informed decisions and position your business for long-term success.

See the search results for the future of the notary public industry.

Researching industry prices when considering starting a notary public business offers several benefits.

Pricing knowledge helps you understand the competitive landscape, set appropriate pricing for your services, and ensure profitability.

By analyzing industry prices, you can make informed decisions and position your business for success in the market.

Knowledge Is Power if You Use It!

Accessing and utilizing industry knowledge is empowering for your notary public business.

Online resources offer a wealth of information about the industry. Follow the provided links in the following sections to access valuable information to assist you during the research, startup phases and when your business is fully operational.

Make the most of this knowledge to drive the success of your notary public business.

A Day in the Life

“A Day in the Life” of a notary public owner provides valuable tips and insights from industry professionals.

It offers an overview of what to expect, helping you gain valuable knowledge and prepare for the daily responsibilities of running a notary public business.

See the search results related to a day in the life of notary public.

Notary Public Business Owners Interviews

Interviews with business owners in the notary public industry offer valuable information and insights.

Spending time on this section can provide different perspectives and help you gain a deeper understanding of the industry, preparing you for what to expect in your business.

See the search results related to interviews of notary public business owners.

Publications

Publications are a valuable resource for staying up-to-date with the latest information about a notary public business.

Publications provide a wealth of knowledge and insights, informing you about industry trends, regulations, and best practices.

See the search results for publications related to a notary public business.

Engaging in notary public forums provides an opportunity to participate in relevant and timely discussions.

By actively participating, you can establish connections with industry peers, gain insights into customer perspectives, and gather valuable information to enhance your business operations.

See the latest search results related to notary public forums.

Courses related to a notary public business offer a valuable opportunity to learn, enhance skills, and stay up-to-date with industry practices.

By enrolling in these courses, you can expand your knowledge, improve your skillset, and ensure you are well-equipped to meet the demands of the industry.

See the latest courses related to running a notary public business.

Notary Public Blogs

Subscribing to notary public blogs offers a valuable source of ideas and industry updates.

By subscribing to various blogs, you can curate a collection of reliable sources that provide a steady stream of information you can use.

Tailor your subscriptions to blogs that consistently update and deliver value to stay informed and inspired.

Look at the latest search results for notary public blogs  to follow.

Staying informed with the latest news is essential for staying updated on the notary public industry. Setting up alerts ensures timely notifications whenever the media cover new developments.

See what’s in the news related to a notary public business?

Watching videos about the notary public industry provides valuable tips and insights.

Additionally, exploring related videos recommended by YouTube can offer unexpected topics and perspectives that enhance your understanding of the industry. It’s a valuable source of information and inspiration.

See the links to YouTube Videos Below.

• Videos related to starting a notary public business can be found here.
• Videos related to owning a notary public business

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Mobile Notary Business Plan

Are you looking to start your own mobile notary business? Becoming a mobile notary can be a rewarding and profitable venture. With the flexibility to work on your own schedule and the opportunity to assist individuals with their legal documentation needs, this profession offers great potential. In this article, we will guide you through the essential steps to create a successful mobile notary business plan.

Executive Summary

Market analysis, business description, services offered, marketing and promotion, pricing and revenue model, operational plan, legal and licensing requirements, technology and tools, financial projections, risk assessment, growth strategies.

The executive summary provides a brief overview of your mobile notary business plan. It should outline the key points and goals you aim to achieve. This section is typically written after the entire business plan is completed, as it summarizes the main highlights.

• Business Name and Location: Start by mentioning the name of your mobile notary business and the area where you plan to operate. This helps establish your presence and target market.
• Mission Statement: Clearly state the mission of your business. What is the purpose of your mobile notary services? Highlight how you aim to provide reliable, efficient, and convenient notary services to clients.
• Market Opportunity: Briefly discuss the market opportunity for mobile notary services in your target area. Explain the demand for such services and how you plan to capitalize on this opportunity.
• Unique Selling Proposition: Emphasize the unique aspects of your mobile notary business that differentiate you from competitors. Highlight any specialized services, expertise, or technology you bring to the table.

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Performing a thorough market analysis is essential before starting any business. Research the demand for mobile notary services in your target area. Identify the existing competition and analyze their strengths and weaknesses. Determine the market trends, potential growth opportunities, and any barriers to entry.

• Demand Assessment: Research the demand for mobile notary services in your target area. Analyze factors such as real estate activity, legal transactions, and population density to gauge the need for notary services.
• Competitor Analysis: Identify competitors in the market and evaluate their strengths, weaknesses, and unique offerings. Understand their pricing, service quality, and customer satisfaction levels.
• Market Trends: Stay informed about current trends in the notary services industry, such as remote online notarization and changes in legal regulations. Adapt your business strategy to align with emerging trends.
• Growth Opportunities: Identify potential areas for growth, such as targeting underserved niches or forming partnerships with complementary businesses. Assess emerging industries or demographics with increased notary service needs.
• Barriers to Entry: Understand any regulatory requirements, licensing processes, and certifications necessary to enter the market. Overcome these barriers to establish a legally compliant and trustworthy business.

In this section, provide a detailed description of your mobile notary business. Explain the nature of your services and the benefits you offer to clients. Highlight what sets you apart from competitors and emphasize your unique selling points.

In this section, provide a detailed description of your mobile notary business. Explain the nature of your services and the benefits you offer to clients. Highlight what sets you apart from competitors and emphasize your unique selling points. Outline the services you will offer as a mobile notary. This may include notarizing legal documents, administering oaths, and witnessing signatures. Specify the geographical area you will cover and any limitations on your services. SwiftSign Notary Services is proud to offer a comprehensive range of mobile notary services to meet the diverse needs of our clients throughout the United States. Our experienced and professional notaries are committed to delivering efficient, reliable, and confidential services. Here are the key services we provide:

• Notarization of Legal Documents: We specialize in notarizing various legal documents, including:
• Real estate contracts, leases, and deeds
• Loan agreements, promissory notes, and mortgages
• Powers of attorney, affidavits, and consent forms
• Trusts, wills, and estate planning documents
• Business agreements, contracts, and partnership documents
• Oath Administration: Our skilled notaries are authorized to administer oaths and affirmations. We can assist with executing affidavits, depositions, and other legal documents that require a sworn statement.
• Signature Witnessing: We offer witnessing services for the signing of important documents. Our notaries verify the identity of the signatories and witness the signing process to ensure its validity.
• Mobile Services: As a mobile notary service, we understand the value of convenience for our clients. We are pleased to travel to their preferred locations, including homes, offices, hospitals, or any other mutually agreed-upon venue within the United States.
• Geographical Coverage: SwiftSign Notary Services operates nationwide, covering all states within the United States. We are dedicated to serving clients in every state, ensuring prompt and accessible notary services regardless of location.
• Limitations: While we strive to provide exceptional service, it’s important to note certain limitations:
• We are not licensed attorneys and cannot provide legal advice or guidance.
• Notarization requires the presence of all signatories and valid identification documents.
• We reserve the right to refuse notarization if the documents are incomplete, improperly prepared, or violate any legal requirements.
• Target Market Identify your target market based on demographic, geographic, and psychographic factors. Determine who your ideal clients are, such as real estate professionals, law firms, or individuals in need of notary services. Tailor your marketing efforts to reach this specific audience effectively.
• Real Estate Professionals: This includes realtors, brokers, property managers, and developers who require notarization services for real estate transactions.
• Legal Firms and Attorneys: We serve law firms and attorneys needing accurate notarization for legal documents.
• Small Business Owners: We cater to small business owners in need of notary services for their contracts and agreements.
• Individuals Needing Notary Services: We provide notarization for personal documents, such as wills, trusts, and medical directives.

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Develop a comprehensive marketing and promotion strategy to reach your target market. Consider utilizing online platforms, social media, and traditional advertising methods. Build a professional website and create informative content to establish yourself as an authority in the field.

Professional Website: A user-friendly website will be developed to showcase the services, expertise, and resources offered by SwiftSign Notary Services.

Search Engine Optimization (SEO): The website will be optimized with relevant keywords to improve search engine rankings and increase online visibility.

Social Media Engagement: Platforms such as Facebook, Twitter, and LinkedIn will be utilized to engage the target audience through informative content and industry updates.

Content Marketing: Valuable content in the form of blog articles, guides, and videos will be created to position SwiftSign Notary Services as a trusted authority.

Online Advertising: Targeted online ads on platforms like Google and social media will be used to effectively reach the desired target market.

Partnerships and Referrals: Strategic partnerships will be established with real estate agencies, law firms, and other businesses to generate referrals and facilitate mutual growth.

Online Reviews and Testimonials: Clients will be encouraged to provide positive reviews and testimonials, enhancing trust and credibility in the services provided by SwiftSign Notary Services.

Determine your pricing structure and revenue model. Research the average rates for mobile notary services in your area and set competitive prices. Decide whether you will charge a flat fee or hourly rate and establish any additional charges for travel or document handling.

Market Research: We researched average rates in the local area to set competitive prices.

Flat Fee Pricing: We offer a flat fee pricing model for clarity and simplicity.

Additional Charges: Additional charges may apply for travel or document handling, communicated upfront.

Competitive Rates: We aim to provide competitive pricing while ensuring profitability.

Value-added Services: Optional value-added services, like expedited processing, may be available at an additional cost.

Revenue Generation: Revenue is generated through the provision of notary services.

Regular Evaluation: We periodically review and adjust pricing to remain competitive.

Outline the day-to-day operations of your mobile notary business. Define your working hours, appointment scheduling process, and customer service procedures. Consider the tools and resources you will need to operate efficiently, such as a reliable vehicle, notary supplies, and appointment management software.

Working Hours: Monday to Friday, 9:00 AM to 5:00 PM, with flexible scheduling options available.

Appointment Scheduling: Clients can schedule appointments online, by phone, or via email using our appointment management system.

Customer Service: Our responsive and knowledgeable team assists clients throughout the notarization process, addressing inquiries and concerns promptly.

Tools and Resources: We have a reliable vehicle, notary supplies, and utilize appointment management software for efficient service delivery.

Mobile Service: We travel to clients’ preferred locations, ensuring convenience and providing all necessary notary supplies.

Document Handling: We prioritize document security and confidentiality throughout the notarization process.

Continuous Improvement: We regularly evaluate and refine our processes, adopting industry best practices and incorporating client feedback.

Understand the legal and licensing requirements for mobile notaries in your jurisdiction. Research the qualifications, certifications, and any continuing education necessary to practice as a notary public. Ensure compliance with state regulations and obtain the required licenses and permits.

Research and Compliance: We thoroughly research and comply with the legal requirements specific to our jurisdiction.

Qualifications and Certifications: Our notaries meet the necessary qualifications and maintain up-to-date certifications.

Continuing Education: We prioritize ongoing professional development to stay updated on changes in laws and best practices.

Licenses and Permits: We obtain the required licenses and permits to operate as a mobile notary.

Recordkeeping and Compliance: We maintain meticulous recordkeeping practices and comply with all recordkeeping regulations.

Insurance Coverage: We consider obtaining professional liability insurance coverage for added protection.

Obtain appropriate insurance coverage to protect your business and clients. Consider professional liability insurance and general liability insurance to safeguard against potential claims or damages.

Professional Liability Insurance: We consider errors and omissions insurance to safeguard against potential claims or damages resulting from errors, omissions, or negligence during the notarization process.

General Liability Insurance: We evaluate the need for general liability insurance, which covers bodily injury, property damage, or personal injury claims that may occur during our mobile notary operations.

Coverage Limits: We carefully assess the appropriate coverage limits for both professional liability and general liability insurance based on our business needs and potential risks.

Insurance Provider Selection: We research and select reputable insurance providers with experience serving notary businesses, considering coverage options, policy terms, customer service, and pricing.

Regular Review: We periodically review our insurance coverage to ensure it remains adequate and up-to-date, adjusting as our business evolves or regulations change.

Utilize technology and tools to streamline your operations and enhance your professionalism. Invest in a reliable laptop or tablet for document management and communication. Consider using electronic signature software and secure cloud storage for efficient and secure record-keeping.

Laptop or Tablet: We use reliable devices for document management and communication on the go.

Electronic Signature Software: We employ electronic signature software for convenient and secure document signing.

Secure Cloud Storage: We utilize cloud storage for efficient and secure document management.

Appointment Management Software: We employ scheduling tools to optimize our calendar and appointment booking process.

Communication Tools: We leverage email, messaging apps, and video conferencing platforms for effective client communication.

Create realistic financial projections for your mobile notary business. Estimate your startup costs, including notary supplies, marketing expenses, and insurance premiums. Project your monthly and annual revenue based on the anticipated number of clients and average service fees.

Startup Costs: Estimate initial expenses, including notary supplies, marketing, insurance premiums, and necessary equipment or software.

Revenue Forecast: Project monthly and annual revenue based on anticipated client numbers and average service fees.

Expenses: Calculate operational costs such as marketing, office supplies, transportation, insurance, and professional fees.

Profitability: Assess the profitability of the business by subtracting expenses from projected revenue.

Financial Milestones: Set goals and milestones to track progress and guide financial decisions.

Review and Adjustment: Regularly review projections, comparing them to actual performance and making necessary adjustments.

Identify potential risks and challenges that may affect your mobile notary business. Develop contingency plans for situations such as canceled appointments, equipment failure, or legal issues. Mitigate risks by implementing proper security measures and maintaining professional conduct.

Canceled Appointments: Mitigate risks through clear communication, appointment policies, and efficient rescheduling.

Equipment Failure: Maintain backup equipment, conduct regular maintenance, and have contingency plans in place.

Legal Issues: Stay updated on regulations, maintain proper documentation, and seek legal advice when necessary.

Data Security and Privacy: Implement security measures and comply with privacy regulations to protect client information.

Professional Conduct: Uphold ethical standards, provide exceptional service, and prioritize client confidentiality.

Market Competition: Differentiate through exceptional service, client relationships, and effective marketing strategies.

Outline your strategies for business growth and expansion. Consider offering additional services, such as loan signing or remote online notarization, to diversify your revenue streams. Explore partnerships with other professionals in related industries to broaden your network and reach.

Diversify Services: Expand offerings to include loan signing and remote online notarization.

Market Expansion: Target new areas to reach a wider customer base.

Partnerships: Collaborate with professionals in related industries for referrals and networking.

Online Presence: Establish a strong digital presence for brand visibility and client acquisition.

Client Retention: Prioritize customer satisfaction for positive referrals and repeat business.

Continuous Learning: Stay updated on industry trends and regulations for expertise and credibility.

Free: Business Plan Examples

Checkout our free sample business plan.

Starting a mobile notary business can be a rewarding venture with careful planning and execution. By following the steps outlined in this business plan, you can establish a successful and thriving mobile notary practice. Stay committed, continuously adapt to market trends, and provide exceptional service to build a strong reputation in the industry.

Earnings as a mobile notary can vary depending on factors such as the demand for services in your area, the number of clients you serve, and the fees you charge. On average, mobile notaries can earn between $30 and $100 per appointment.

The qualifications to become a mobile notary can vary by jurisdiction. In most cases, you will need to meet the minimum age requirement, complete a notary education course, and pass a state-administered exam. Some states may also require a background check.

To market your mobile notary services effectively, create a professional website, establish a strong online presence through social media, network with local professionals in related industries, and consider targeted advertising in real estate or legal publications.

It is essential to have professional liability insurance and general liability insurance for your mobile notary business. These policies can provide financial protection in case of errors or omissions during the notarization process or any other unexpected incidents.

Yes, operating a mobile notary business on a part-time basis is possible. Many mobile notaries begin their business as a side venture while maintaining other employment commitments. However, it is crucial to manage your schedule effectively to ensure availability for clients.

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Mobile Notary Business Plan Example

Published Aug.02, 2021

Updated Apr.23, 2024

By: Noor Muhammad

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Table of Content

Mobile notary business plan for starting your own business

Even with all the modernization and the availability of biometric verification and digital signature services, the importance of good old notary publics cannot be neglected. In this mobile notary business plan pdf, we will walk you through everything, from start to end, that is involved in creating a franchise business plan for mobile notary services.

If you stick around till the end of this sample business plan for a mobile notary service, you can also get a business plan for green house that you can use if you don’t want to make a living seeing people sign boring documents.

Executive Summary

2.1 the business.

Walker Mobile Notary will be a notary public services business based in Cleveland, Ohio. It will provide all the services form document attestation to signature verification and from contract registration to affidavit registration.

2.2 Management of Mobile Notary Business

No sample business plan mobile notary can be complete without talking about the management structure that will be used to effectively run the business. Here, the business will be headed by the owner and CEO Paul Walker. Walker, who is a retired attorney, will hire a manager to handle the business and will employ five notary publics to provide the services. An accountant will also be hired to keep track of the money moving into and out of the business.

Just like starting a micro winery , this business will need to have a strong management structure to be run efficiently and to make profit.

2.3 Customers of Mobile Notary

We need to determine the customers this business will be serving. This is one of the most important part of writing business plan for investors . The main customers will be the following:

• People who want to get a contract verified.
• People who want to get an agreement registered.
• People who want to sign an affidavit in the presence of a notary public.
• People who are obligated by the law to get documents verified by a notary.

2.4 Business Target

The target of this business is to make a lot of money by providing notary services to people at their doorstep. To meet that target, the goals of the business will be divided into the following:

• Making a reputable name for the business.
• Expanding the services to the whole city of Cleveland and then the nearby areas.
• Making as much money as possible.
• Getting permanent clients for the business.

Company Summary

3.1 company owner.

The owner is one of the most important things in any sample notary public business plan. The owner of Walker Mobile Notary is Paul Walker. He is a retired district attorney and knows in detail how to make and execute a notary signing agent business plan. Let’s now see the next part of this free notary business plan.

3.2 Why the Mobile Notary Business is being started?

The next thing that we need to touch in this mobile notary business plan pdf is the reason why this business is being started. When Walker retired from his position as the district attorney, he felt that there was no mobile notary services provider in the whole city. He wanted to start a business of his own before all this. He went through a business plan for janitorial services and a business plan for the cyber security but finally decided that he needed to do something related to his field of experience and that turned out to be opening a mobile notary business.

3.3 How the Mobile Notary Business will be started?

Step1: Planning

The first thing that needs to be done to start a mobile notary business is planning. This was easy for Paul as he was in the same industry for a long time and knows how to plan and execute this business. He has carried out a survey and planned the feasibility of starting this business in the area.

Step2: Registration

The next thing that needs to be done is to register with the local law-enforcing authorities and justice system. A notary can only carry out notarial services if they are registered with the local justice department. This will also not be a problem for Paul.

Step3: Establishing an Office   

The next thing to do is to establish an office where the business will be based. Paul is looking to make the office in a place near the district courts so that he can provide mobile and on-the-spot notarial services.

Step4: Marketing  

Making the business known to the people who are expected to be customers will also be one of the most important things in starting the business. Paul plans to spare no expense in advertising and marketing the business.

The next topic that we need to touch in this notary public business plan pdf template is the nature of services that this business aims to provide. This is just about the most important part of writing a business plan notary service. Here are the services that will be provided by this business:

Document Attestation

We will provide document attestation services to people in Cleveland who cannot get to a notary’s office.

Contract Validation

People who want to sign a contract and get it registered by a notary will also be given the services where they can call us and get the contract validated.

Signature Verification

There are some documents that are only valid when signed in the presence of a notary public. We will provide these signature validation services too.

Agreement Validation

If someone wants an agreement to be registered at a notary’s office, we will offer the services for that.

Marketing Analysis of Mobile Notary

The next important thing in the mobile notary business plan examples is the marketing analysis of the market we are going to enter. This is the most important part of any law firm sample business plan as we need to be clear about what services we intend to provide and who is already providing the services. The difference between the availability and demand of these services is what makes the business profitable. Let’s now have a look at the market trends as they are also a very important part of this notary business plan.

5.1 Market Trends

Before making this notary business plan template, we ran a complete analysis of the market trends. It was evident from our surveys for this sample business plan for a mobile notary service that the demand for mobile notary services has been on a steady rise since the last 5 years. More and more people want mobile notary services, and the service providers are not increasing at the same rate as the demand. That makes this business more profitable than anything like a judgement recovery business plan .

5.2 Marketing Segmentation

The customers of Walker Mobile Notary will be from the following Segments:

5.2.1 Corporate Clients

Big corporations where hundreds of agreements and contracts are signed on a regular basis will be a profitable market segment for us.

5.2.2 Small Businesses

The need for signing contracts and getting them attested by a notary public is also there in small businesses. These will not be very high-paying clients but will still be a considerable market segment for the business.

5.2.3 Private Customers

Private customers who want a sale deed or any other agreement signed and verified by a notary will also be a market segment for us.

5.2.4 Government Agencies

Government agencies can also sometimes need the services of a mobile notary and we will provide them just that.

5.3 Business Target

• To become a well-reputed name in the business.
• To make as much money as possible.
• To deliver notary services at the doorstep of those in need.
• To provide all sorts of notary services to all market segments.

5.4 Product Pricing

Walker Mobile Notary will price the services twice as much as other notaries are charging. This will be done because there are no other mobile notary services providers in the area, and we can use that to our advantage. We will offer discounts to repeat customers and corporate clients.

Marketing Strategy

Another important thing that we need to touch in this notary public business plan is the marketing strategy that will be used for the business. To make a complete and actionable marketing strategy for any notary business plan pdf it is necessary to run a complete competitive analysis and then make a sales strategy according to the prevailing circumstances in the industry. Paul has done just that and here is the result of his research and working.

6.1 Competitive Analysis

• We have gathered intel and have come to know that the area does not have any mobile notary service provider.
• The notary publics working in the area are not sufficient for the needs of the are and people often have to wait for hours to get their documents attested.
• There is an overwhelming demand for mobile notary services in the area with some people even saying thy are willing to pay 5 times the fee of a notary public if thy can get them to visit them at home.

6.2 Sales Strategy

• Walker Mobile Notary will offer discounted rates for the first six months.
• The business will be advertised using all available media outlets.
• Free private attestation services will be provided to corporate clients.

6.3 Sales Monthly

6.4 Sales Yearly

6.5 Sales Forecast

Personnel plan

Another part of enterprise due diligence is the assessment of manpower that will be needed to run the company. As this is a services business and not a products one, this business plan for notary public will need a lot of manpower to run. To make this mobile notary business plan a success, it is imperative that you hire the right people and the right number of people.

7.1 Company Staff

The following people will be needed to run the business:

• Paul Walker will be the owner and CEO of the business.
• 2 managers for operations and marketing.
• 4 Mobile Notary Publics.
• 1 Email correspondent.
• 2 Office Assistants.
• 1 reception clerk.
• 1 telephone operator.

7.2 Average Salary of Employees

Financial plan.

The last part of any notary public business plans is the discussion of the finances involved in starting and running the business.  This business will not require a lot of investment. However, the person starting the business will have to arrange for the following expenses:

• The cost of getting the business registered.
• The salary of employees.
• The cost of establishing the business.
• The money needed to buy furniture and other things for the office.
• The cost of establishing an online presence.
• The cost to buy cars for visiting notaries.

8.1 Important Assumptions

8.2 break-even analysis.

8.3 Projected Profit and Loss

8.3.1 profit monthly.

8.3.2 Profit Yearly

8.3.3 Gross Margin Monthly

8.3.4 Gross Margin Yearly

8.4 Projected Cash Flow

8.5 Projected Balance Sheet

8.6 business ratios.

Mobile Notary Business Plan Sample in PDF

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Notary Business Plan and SWOT Analysis

Notary Business Plan, Marketing Plan, How To Guide, and Funding Directory

The Notary Business Plan and Business Development toolkit features 18 different documents that you can use for capital raising or general business planning purposes. Our product line also features comprehensive information regarding to how to start a Notary business. All business planning packages come with easy-to-use instructions so that you can reduce the time needed to create a professional business plan and presentation.

Your Business Planning Package will be immediately available for download after your purchase.

• Bank/Investor Ready!
• Complete Industry Research
• 3 Year Excel Financial Model
• Business Plan (26 to 30 pages)
• Loan Amortization and ROI Tools
• Three SWOT Analysis Templates
• Easy to Use Instructions
• All Documents Delivered in Word, Excel, and PDF Format
• Meets SBA Requirements

Notaries survey number of important functions as it relates to the closing of large transactions given that they are able to confirm the identities of anyone that is signing a document. These individuals are able to testify in court as to what documents were signed by what individuals on a certain date and at a certain time. As such, notary businesses are almost always able to remain profitable and cash flow positive given that these services are needed for any type of transactional work. Most often these individual notary businesses have ongoing relationships with attorneys, business brokers, title insurance companies, insurance firms, and automotive businesses given that these businesses frequently require the notary is present when documentation is signed. One of the common trends within this industry is that a notary will operate on a mobile basis. Given that real estate closings, vehicle sales, and other large transactions occur in a number of different places – it is now very common for notaries to travel from place to place in order to render their services.

These types businesses enjoyed moderate barriers to entry given an individual must become a notary public before they are able to provide the service to the general public. This is usually a modestly complex process involves taking a test, receiving recommendations from other public officials, and submitting a bonding form so that in the event that something goes wrong the individuals are insured against errors and omissions.

The startup costs associated with the new notary business are very low given that once an individual receives their commission they are able to operate by simply just advertising their services to the general public. The gross margins for notary services typically range anywhere from 75% all the way to 100% depending on whether or not fuel costs are considered as part of the cost of goods sold for traveling to each location in which a notary as needed. Many notary public’s have also now taken to accepting credit cards as a form of payment at the time the transaction.

A notary SWOT analysis is usually produced in conjunction with both a business plan and a marketing plan. As it relates to strengths, notaries are almost always able to produce a positive income simply by being present at large-scale transactions. Barriers to entry are considered to be moderate given that it is a time-consuming process to become a notary public. The startup costs are very low and typically range anywhere from $1,000 to $10,000 depending on whether or not a vehicle is going to be acquired in conjunction with providing notary services. The demand for notaries does not wane even in times of economic recession as people are still going to carry out large-scale transactions.

Pertaining to weaknesses, anyone who has a clean background and is a competent person can become a notary. There are no educational requirements outside of a small class that is usually offered several times a year by most states. As such, one of the things that many notary publics do in order to remedy this competitive issue is to develop ongoing and continued relationships with a number of businesses that require notaries on an ongoing basis. Additionally, many notaries will engage in a broad-based marketing campaign in order to ensure that they are ably found by the public very easily.

As it relates to opportunities, many notaries will seek to operate their business in an agency capacity wherein they will receive ongoing orders for notary public services and will recruit a number of other individuals I can provide this service to the general public. This is really the only way that many notary businesses grow given that this is a specialized service that is not often needed but is decent enough where an individual can carry out this service from time to time. As such, it is imperative that the individual was expand the business is able to properly recruit additional people that work on behalf of the company.

For threats, this is one of the best things about this business is that there are very little ongoing threats outside of competitive issues. There is no risk of automation given that an individual human being must become a licensed notary public before they are able to provide the services. However, some states are now allowing for online viewing of documentation and identity verification. As such, it would be a smart business decision to have a notary service that allows for the online processing of documentation when applicable. Some states are beginning to allow this in order to reduce the cost associated with providing notary services.

A notary business plan should be developed if an individual is seeking a working capital line of credit for private investment in order to provide the services to the general public. This business plan should have a three-year profit and loss statement, cash flow analysis, balance sheet, breakeven analysis, and business ratios page. Given the low start up costs associated with a new notary business most banks and lenders are willing to extend a line of credit for small business loan without having to go through much of a large-scale loan application process. This is primarily due to the fact these businesses do not require much capital at all and once a person receives their commission as a notary public – they simply travel from place to place as needed. Usually, if an individual is seeking capital in order to start a new notary business now typically doing so for the acquisition of tangible equipment and working capital. As such, most financial institutions, lenders, and banks are willing to extend this credit given the high demand and large amount of tangible assets that are typically used with borrowed funds.

A notary marketing plan should be developed in conjunction with both the business plan and SWOT analysis in order to present to any third party how the business intends to generate customer base. For most, and as discussed above – most notaries aggressively engage in marketing their services to law firms, real estate brokerages, real estate agents, business brokerages, mortgage lenders, and automotive businesses that have ongoing needs for notaries from time to time. It should be noted that some third-party companies to employ a notary public in house but this is not often done. One of the fastest ways that a notary business can generate revenue is by establishing ongoing relationships with the aforementioned parties.

An online presence is also important for a notary business given that many people will use popular search engines such as Google, Yahoo, Bing, and AOL in order to find specialized local services. The cost of developing a website specific for notary business is very low given that there is nothing that is really needed outside of the description of services offered, the backgrounds of notaries, and a simple contact form that the individual can get in touch with the company very quickly. Generally, there is very little competition in any market for notary services so obtaining high rankings in search results is pretty easy once the website and business have been established for at least one year.

Many people also maintain a FaceBook page, Twitter account, and Google+ account in order to further expand the visibility of their notary operations. One of the nice things about maintaining a profile on popular social media platforms that sometimes people will ask their friends and family for a recommendation of services, like local notaries, and the business can be easily found this way. The cost associated with developing and maintaining this type of social media platform are either zero or very little depending on how much marketing the individuals going to do. As such, online marketing can be one of the most effective ways for receiving visits from the general public as the business is building its referral base among law firms and related entities.

A notary is going to be required in major transactions at all times. By virtue of law, these businesses are almost always able to have demand for their services on a year-round basis. Generally, notaries experience a significant uptick in the business during the spring months when more realistic closings are being carried out. One of the nice things about these businesses beyond their low barriers to entry and low start up costs is that they can be readily expanded as needed. By operating an agency capacity – a notary can aggressively expand this business so that it can have generate significant billable hours on a month-to-month basis.

1.0 Executive Summary

The purpose of this business plan is to raise $150,000 for the development of a notary and business services company while showcasing the expected financials and operations over the next three years. Notary, Inc. (“the Company”) is a New York based corporation that will provide notary and ancillary businesses services. The Company was founded by John Doe.

1.1 The Operations

As stated above, the business will render state based notary services to legal professionals, businesses, and individuals that need to have documents notarized. The business may also provide specialized preprinted legal forms to the general public if required by a client. The business intends to operate as an agency for independent notaries as well.

The Company will also recognize revenues from ancillary services such as ongoing large scale notary services for law firms and other organizations that have frequent notarization needs.

The third section of the business plan will further describe the services offered by the Notary.

1.2 The Financing

Mr. Doe is seeking to raise $150,000 from as a bank loan. The interest rate and loan agreement are to be further discussed during negotiation. This business plan assumes that the business will receive a 10 year loan with a 9% fixed interest rate. The financing will be used for the following:

• Development of the Company’s Notary location.
• Financing for the first six months of operation.
• Capital to purchase general office equipment.

Dr. Doe will contribute $25,000 to the venture.

1.3 Mission Statement

Management’s mission is to develop Notary, Inc. into a premier notary and business services agency within the New York metropolitan area.

1.4 Management Team

The Company was founded by Mr. John Doe. Mr. Doe has more than 10 years of experience as notary and business owner. Through his expertise, he will be able to bring the operations of the business to profitability within its first year of operations.

1 . 5 Revenue Forecasts

1.6 Expansion Plan

The Founder expects that the business will aggressively expand during the first three years of operation. Mr. Doe intends to implement marketing campaigns that will effectively target effected individuals, businesses, and law firms within the target market.

2.0 The Financing

2.1 Registered Name and Corporate Structure

Notary, Inc. The Company is registered as a corporation in the State of New York.

2.2 Use of Funds

2.3 Investor Equity

Mr. Doe is not seeking an investment from a third party at this time.

2.4 Management Equity

John Doe owns 100% of the Notary, Inc.

2.5 Exit Strategy

If the business is very successful, Dr. Doe may seek to sell the practice to a third party for a significant earnings multiple. Most likely, the Company will hire a qualified business broker to sell the business on behalf of Notary, Inc. Based on historical numbers, the business could fetch a sales premium of up to 2 to 3 times earnings.

3.0 Operations

As stated in the executive summary, Notary, Inc. will provide notarization services to law firms, businesses, and individuals that have notary needs. The business will also sell a variety of preprinted legal forms that will assist individuals with their ongoing legal filing needs.

All individuals retained by the business will be required to have an appropriate notary license granted by the State. The business will confirm this matter prior to hiring any associate notary.

4.0 Market and Strategic Analysis

4.1 Economic Analysis

This section of the analysis will detail the economic climate, the notary industry, the customer profile, and the competition that the business will face as it progresses through its business operations.

Currently, the economic condition as a result of the COVID-19 pandemic is rapidly improving. Interest rates have remained low, which has led to substantial improvement in the economy. Although there are issues with inflation, the US Federal Reserve has indicated that they are willing to adjust monetary policy to combat this issue. The economy is moving back towards normal at this time.

4.2 Industry Analysis

Within the United States, there are approximately 15,400 businesses that provide supportive legal services (which includes notary services). Each year, these businesses aggregately generate more than $11.6 billion of revenues while concurrently providing jobs to more than 100,000.

This is a mature industry and the expected growth rate is expected to remain on par with that of the general business economy.

4.3 Customer Profile

Management anticipates that the business will have a number of different clients including:

• Individuals with notary needs.
• Law firms that have substantial notary needs.
• Businesses that frequently file notarized business forms (especially among debt servicing and financial businesses.)

Among businesses and law firms, Management anticipates that these companies will generate $100,000 to $300,000 per year and will spend $1,000 to $2,000 per year with Notary, Inc.

4.4 Competitive Analysis

This is one of the sections of the business plan that you must write completely on your own. The key to writing a strong competitive analysis is that you do your research on the local competition. Find out who your competitors are by searching online directories. If there are a number of competitors in the same industry (meaning that it is not feasible to describe each one) then showcase the number of businesses that compete with you, and why your business will provide customers with service/products that are of better quality or less expensive than your competition.

5.0 Marketing Plan

Notary intends to maintain an extensive marketing campaign that will ensure maximum visibility for the business in its targeted market. Below is an overview of the marketing strategies and objectives of the Notary, Inc.

5 .1 Marketing Objectives

• Develop an online presence by developing a website and placing the Company’s name and contact information with online directories.
• Implement a local campaign with the Company’s targeted market via the use of flyers, local newspaper advertisements, and word of mouth.
• Establish relationships with law firms, debt collection agencies, financial services firms, and other businesses within the target market.

5.2 Marketing Strategies

Mr. Doe intends on using a number of marketing strategies that will allow Notary, Inc. to easily target its demographics within the New York metropolitan area. These strategies include traditional print advertisements and ads placed on search engines on the Internet. Below is a description of how the business intends to market its services to the general public.

Notary, Inc. will also use an internet based strategy. This is very important as many people seeking local services, such as specialized legal support and notary services, now the Internet to conduct their preliminary searches. Mr. Doe will register the Notary with online portals so that potential customers can easily reach the business. The Company will also develop its own online website.

The Company will maintain a sizable amount of print and traditional advertising methods within local markets to promote the notary and legal support services that the Company is selling.

5.3 Pricing

In this section, describe the pricing of your services and products. You should provide as much information as possible about your pricing as possible in this section. However, if you have hundreds of items, condense your product list categorically. This section of the business plan should not span more than 1 page.

6.0 Organizational Overview

6.1 Organizational Chart

6.2 Personnel Budget

7.0 Financial Plan

7.1 Underlying Assumptions

The Company has based its proforma financial statements on the following:

• Notary, Inc. will have an annual revenue growth rate of 16% per year.
• The Owner will acquire $150,000 of debt funds to develop the business.
• The loan will have a 10 year term with a 5% interest rate.

7.2 Financial Highlights

In the event of an economic downturn, the Company will not see a major decline in revenues. The demand for notary services remains static as people, businesses, financial service firms, and law firms require these services on an ongoing basis.

7.3 Source of Funds

7.4 Profit and Loss Statement

7.5 Cash Flow Analysis

7.6 Balance Sheet

7.7 Breakeven Analysis

7.8 Business Ratios

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Out of the Centre

Savvino-storozhevsky monastery and museum.

Zvenigorod's most famous sight is the Savvino-Storozhevsky Monastery, which was founded in 1398 by the monk Savva from the Troitse-Sergieva Lavra, at the invitation and with the support of Prince Yury Dmitrievich of Zvenigorod. Savva was later canonised as St Sabbas (Savva) of Storozhev. The monastery late flourished under the reign of Tsar Alexis, who chose the monastery as his family church and often went on pilgrimage there and made lots of donations to it. Most of the monastery’s buildings date from this time. The monastery is heavily fortified with thick walls and six towers, the most impressive of which is the Krasny Tower which also serves as the eastern entrance. The monastery was closed in 1918 and only reopened in 1995. In 1998 Patriarch Alexius II took part in a service to return the relics of St Sabbas to the monastery. Today the monastery has the status of a stauropegic monastery, which is second in status to a lavra. In addition to being a working monastery, it also holds the Zvenigorod Historical, Architectural and Art Museum.

Belfry and Neighbouring Churches

Located near the main entrance is the monastery's belfry which is perhaps the calling card of the monastery due to its uniqueness. It was built in the 1650s and the St Sergius of Radonezh’s Church was opened on the middle tier in the mid-17th century, although it was originally dedicated to the Trinity. The belfry's 35-tonne Great Bladgovestny Bell fell in 1941 and was only restored and returned in 2003. Attached to the belfry is a large refectory and the Transfiguration Church, both of which were built on the orders of Tsar Alexis in the 1650s.  

To the left of the belfry is another, smaller, refectory which is attached to the Trinity Gate-Church, which was also constructed in the 1650s on the orders of Tsar Alexis who made it his own family church. The church is elaborately decorated with colourful trims and underneath the archway is a beautiful 19th century fresco.

Nativity of Virgin Mary Cathedral

The Nativity of Virgin Mary Cathedral is the oldest building in the monastery and among the oldest buildings in the Moscow Region. It was built between 1404 and 1405 during the lifetime of St Sabbas and using the funds of Prince Yury of Zvenigorod. The white-stone cathedral is a standard four-pillar design with a single golden dome. After the death of St Sabbas he was interred in the cathedral and a new altar dedicated to him was added.

Under the reign of Tsar Alexis the cathedral was decorated with frescoes by Stepan Ryazanets, some of which remain today. Tsar Alexis also presented the cathedral with a five-tier iconostasis, the top row of icons have been preserved.

Tsaritsa's Chambers

The Nativity of Virgin Mary Cathedral is located between the Tsaritsa's Chambers of the left and the Palace of Tsar Alexis on the right. The Tsaritsa's Chambers were built in the mid-17th century for the wife of Tsar Alexey - Tsaritsa Maria Ilinichna Miloskavskaya. The design of the building is influenced by the ancient Russian architectural style. Is prettier than the Tsar's chambers opposite, being red in colour with elaborately decorated window frames and entrance.

At present the Tsaritsa's Chambers houses the Zvenigorod Historical, Architectural and Art Museum. Among its displays is an accurate recreation of the interior of a noble lady's chambers including furniture, decorations and a decorated tiled oven, and an exhibition on the history of Zvenigorod and the monastery.

Palace of Tsar Alexis

The Palace of Tsar Alexis was built in the 1650s and is now one of the best surviving examples of non-religious architecture of that era. It was built especially for Tsar Alexis who often visited the monastery on religious pilgrimages. Its most striking feature is its pretty row of nine chimney spouts which resemble towers.

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The Unique Burial of a Child of Early Scythian Time at the Cemetery of Saryg-Bulun (Tuva)

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Pages:  379-406

In 1988, the Tuvan Archaeological Expedition (led by M. E. Kilunovskaya and V. A. Semenov) discovered a unique burial of the early Iron Age at Saryg-Bulun in Central Tuva. There are two burial mounds of the Aldy-Bel culture dated by 7th century BC. Within the barrows, which adjoined one another, forming a figure-of-eight, there were discovered 7 burials, from which a representative collection of artifacts was recovered. Burial 5 was the most unique, it was found in a coffin made of a larch trunk, with a tightly closed lid. Due to the preservative properties of larch and lack of air access, the coffin contained a well-preserved mummy of a child with an accompanying set of grave goods. The interred individual retained the skin on his face and had a leather headdress painted with red pigment and a coat, sewn from jerboa fur. The coat was belted with a leather belt with bronze ornaments and buckles. Besides that, a leather quiver with arrows with the shafts decorated with painted ornaments, fully preserved battle pick and a bow were buried in the coffin. Unexpectedly, the full-genomic analysis, showed that the individual was female. This fact opens a new aspect in the study of the social history of the Scythian society and perhaps brings us back to the myth of the Amazons, discussed by Herodotus. Of course, this discovery is unique in its preservation for the Scythian culture of Tuva and requires careful study and conservation.

Keywords: Tuva, Early Iron Age, early Scythian period, Aldy-Bel culture, barrow, burial in the coffin, mummy, full genome sequencing, aDNA

Information about authors: Marina Kilunovskaya (Saint Petersburg, Russian Federation). Candidate of Historical Sciences. Institute for the History of Material Culture of the Russian Academy of Sciences. Dvortsovaya Emb., 18, Saint Petersburg, 191186, Russian Federation E-mail: [email protected] Vladimir Semenov (Saint Petersburg, Russian Federation). Candidate of Historical Sciences. Institute for the History of Material Culture of the Russian Academy of Sciences. Dvortsovaya Emb., 18, Saint Petersburg, 191186, Russian Federation E-mail: [email protected] Varvara Busova  (Moscow, Russian Federation).  (Saint Petersburg, Russian Federation). Institute for the History of Material Culture of the Russian Academy of Sciences.  Dvortsovaya Emb., 18, Saint Petersburg, 191186, Russian Federation E-mail:  [email protected] Kharis Mustafin  (Moscow, Russian Federation). Candidate of Technical Sciences. Moscow Institute of Physics and Technology.  Institutsky Lane, 9, Dolgoprudny, 141701, Moscow Oblast, Russian Federation E-mail:  [email protected] Irina Alborova  (Moscow, Russian Federation). Candidate of Biological Sciences. Moscow Institute of Physics and Technology.  Institutsky Lane, 9, Dolgoprudny, 141701, Moscow Oblast, Russian Federation E-mail:  [email protected] Alina Matzvai  (Moscow, Russian Federation). Moscow Institute of Physics and Technology.  Institutsky Lane, 9, Dolgoprudny, 141701, Moscow Oblast, Russian Federation E-mail:  [email protected]

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