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Mick Spillane - How to Open & Operate a Financially Successful Notary Business

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Mick Spillane How to Open & Operate a Financially Successful Notary Business
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How to Open & Operate a Financially Successful Notary Business: summary, description and annotation

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According to the National Notary Association, there are 4.8 million notaries working in the U.S. Depending upon state regulations, notaries can perform marriages, witness and authenticate the signing of real estate mortgage loan documents and other legal contracts, and take and certify depositions. Notaries can make an average of $10 to $200 per signing, depending on the document type. Each state has individual guidelines that one must follow when first applying to become a notary and specific restrictions that a practicing notary must abide by, including the amount a notary can charge per signing. With all of these rules, it can be quite a confusing process, and along with the frustration of opening your own business, it can quickly become a nightmare. Fortunately, with this new book, you will have a comprehensive toolkit on not only how to become a notary, but on how to open your own notary business and cash in on the booming market as well. Whether you will be a mobile signing agent or you are looking to buy or rent office space, this book can help you with a wealth of start-up information, from how to form and name your business to deciding if this will be a joint venture or if you would rather work solo. Valuable information on forming a partnership, LLC, corporation, or becoming a sole proprietor, the four types of business formations, is included, and also the legal implications of each. You will learn the ins and outs of the application process state-by-state, including which states require training sessions and exams, and also information on the appointment process and individual state laws that govern the practice of notaries. Beyond providing you with the information on becoming a notary, you will be supplied with a wealth of information about opening your own notary business, including working as a mobile signing agent, where you travel to your customers, or operating a full-scale notary business managing other notaries. A special chapter on services you can offer and average prices charged for those services will be included, and also information on charging for travel fees, appointment no-shows, emergency notarizations, and many other services that can be offered for a fee. This complete manual will arm you with everything you need, including sample business forms, leases, and contracts; worksheets and checklists for planning, opening, and running day-to-day operations; plans and layouts; and dozens of other valuable, time-saving tools of the trade that no business owner should be without. A special section on the importance of keeping your notary journal up-to-date is included, and also information on your notary stamp. You will learn how to draw up a winning business plan (the companion CD-ROM has the actual business plan you can use in Microsoft and about basic cost control systems, copyright and trademark issues, branding, management, legal concerns, sales and marketing techniques, and pricing formulas. A detailed glossary of mortgage and other legal terms will be included, along with helpful information on how to set up computer systems to save time and money, hire and keep a qualified professional staff, meet IRS requirements, manage and train employees, generate high profile public relations and publicity, and implement low cost internal marketing ideas. You will learn how to build your business by using low and no cost ways to satisfy customers, and also ways to increase sales, have customers refer others to you, and thousands of excellent tips and useful guidelines.

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How to Open Operate a Financially Successful Notary Business By - photo 1

How to Open & Operate a Financially Successful

Notary Business

By Kristie Lorette and Mick Spillane How to Open Operate a Financially - photo 2

By Kristie Lorette and Mick Spillane

How to Open & Operate a Financially Successful Notary Business

Copyright 2011 by Atlantic Publishing Group, Inc.

1405 SW 6th Ave. Ocala, Florida 34471

800-814-1132 352-622-1875Fax

Website:

SAN Number: 268-1250

No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without the prior written permission of the Publisher. Requests to the Publisher for permission should be sent to Atlantic Publishing Group, Inc., 1405 SW 6th Ave., Ocala, Florida 34471.

Library of Congress Cataloging-in-Publication Data

Lorette, Kristie, 1975-

How to open & operate a financially successful notary business / by Kristie Lorette.

p. cm.

Includes bibliographical references.

ISBN-13: 978-1-60138-281-8 (alk. paper)

ISBN-10: 1-60138-281-2 (alk. paper)

1. Notaries--United States--Popular works. 2. New business enterprises--United States--Management. I. Title.

KF8797.L67 2010

347.73'16--dc22

2010039591

LIMIT OF LIABILITY/DISCLAIMER OF WARRANTY: The publisher and the author make no representations or warranties with respect to the accuracy or completeness of the contents of this work and specifically disclaim all warranties, including without limitation warranties of fitness for a particular purpose. No warranty may be created or extended by sales or promotional materials. The advice and strategies contained herein may not be suitable for every situation. This work is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional services. If professional assistance is required, the services of a competent professional should be sought. Neither the publisher nor the author shall be liable for damages arising herefrom. The fact that an organization or website is referred to in this work as a citation and/or a potential source of further information does not mean that the author or the publisher endorses the information the organization or website may provide or recommendations it may make. Further, readers should be aware that Internet websites listed in this work may have changed or disappeared between when this work was written and when it is read.

TRADEMARK DISCLAIMER: All trademarks, trade names, or logos mentioned or used are the property of their respective owners and are used only to directly describe the products being provided. Every effort has been made to properly capitalize, punctuate, identify and attribute trademarks and trade names to their respective owners, including the use of and wherever possible and practical. Atlantic Publishing Group, Inc. is not a partner, affiliate, or licensee with the holders of said trademarks.

A few years back we lost our beloved pet dog Bear who was not only our best - photo 3

A few years back we lost our beloved pet dog Bear, who was not only our best and dearest friend but also the Vice President of Sunshine here at Atlantic Publishing. He did not receive a salary but worked tirelessly 24 hours a day to please his parents.

Bear was a rescue dog who turned around and showered myself, my wife, Sherri, his grandparents Jean, Bob, and Nancy, and every person and animal he met (well, maybe not rabbits) with friendship and love. He made a lot of people smile every day.

We wanted you to know a portion of the profits of this book will be donated in Bears memory to local animal shelters, parks, conservation organizations, and other individuals and nonprofit organizations in need of assistance.

Douglas and Sherri Brown

PS: We have since adopted two more rescue dogs: first Scout, and the following year, Ginger. They were both mixed golden retrievers who needed a home.

Want to help animals and the world? Here are a dozen easy suggestions you and your family can implement today:

  • Adopt and rescue a pet from a local shelter.
  • Support local and no-kill animal shelters.
  • Plant a tree to honor someone you love.
  • Be a developer put up some birdhouses.
  • Buy live, potted Christmas trees and replant them.
  • Make sure you spend time with your animals each day.
  • Save natural resources by recycling and buying recycled products.
  • Drink tap water, or filter your own water at home.
  • Whenever possible, limit your use of or do not use pesticides.
  • If you eat seafood, make sustainable choices.
  • Support your local farmers market.
  • Get outside. Visit a park, volunteer, walk your dog, or ride your bike.

Five years ago, Atlantic Publishing signed the Green Press Initiative. These guidelines promote environmentally friendly practices, such as using recycled stock and vegetable-based inks, avoiding waste, choosing energy-efficient resources, and promoting a no-pulping policy. We now use 100-percent recycled stock on all our books. The results: in one year, switching to post-consumer recycled stock saved 24 mature trees, 5,000 gallons of water, the equivalent of the total energy used for one home in a year, and the equivalent of the greenhouse gases from one car driven for a year.

Table of Contents Introduction The first thing that comes to mind - photo 4

Table of Contents


Introduction The first thing that comes to mind when you think of a notary - photo 5

Introduction

The first thing that comes to mind when you think of a notary public may be a quiet, older woman who stamps documents for real estate transactions and car deals, but the fact is the notary public profession has been a profound and distinguished profession throughout U.S. history. Notaries have always had close ties to government agencies and the legal profession. The notary public profession is also the type of business that is easy to start and run as a home-based business, which is probably why you are reading this book in the first place. If you are interested in working from home, this book will act as your guide to starting a successful and profitable business as a notary public.

Almost everyone has dreamed of owning his or her own business. Often, these dreams are the result of dealing with difficult bosses, low pay, long hours, swing shifts, and other frustrations that come from working for someone else. In the safe confines of the imagination, the vision of owning a business is immensely satisfying: You are your own boss, you make your own decisions, and you do not have to answer to anyone else.

When you do something you enjoy, it does not feel like a burden as work sometimes does. An added bonus to being your own boss is the control of your own destiny by being as busy as you want and pulling in the income you desire. One of the main benefits of launching a career as a notary is you do not need a college degree to become a successful, in-demand, and practicing notary agent. The notary business also makes a perfect career for a stay-at-home mom, retirees, those re-entering the work force, discharged military, or someone who has an entrepreneurial spirit because it is a career that offers endless possibilities for success and career advancement.

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