Many mobile notaries are out there right now wondering why they ever got into the mobile notary signing agent business. Lured, no doubt, by fancy advertising promising easy money with flexible hours, they have come to find that mobile notary money doesn’t comes easy. Flexible means that they are available to work 24 hours a day, seven days a week, not like that “rigid” Monday through Friday, 9 to 5 gig they used to have.
It’s not that the mobile notary business is all bad. In fact, it can be quite rewarding, fun and profitable. But is it right for you?
Here are a few questions you should ask yourself before starting up your mobile notary business.
1. Am I willing to work long hours for very little to no money?
It’s not fair but it’s true. When starting out your mobile notary business be prepared to make very little money for the first few months while working 12 to 16 hour days. From marketing to sales to taxes, there is always something to be done when starting out as a mobile notary, and you won’t be paid for it. In fact, the only time you will make money is when you make a sale, which leads to my next question.
2. Do you enjoy sales?
If you don’t, you’re going to have a very hard time getting your mobile notary business off the ground. As a mobile notary you are in the business of selling a service, and when you’re selling your services as a mobile notary public, you’re really just selling yourself.
3. Do you have a fuel efficient vehicle?
Being a mobile notary means putting a lot of miles on your car, sometimes 5000 or more. On top of that, gas prices are through the roof. Estimate your miles per month at about 2,500. Divide that by the miles per gallon your vehicle gets, for example, 12mpg comes to 208 gallons of gas. Multiply that by the cost of gas, $3.30 in some areas, which comes to a grand total of $684, out of pocket, before you collect a dime.
4. Got Commitment?
What happens if you make 75 bucks as a Mobile Notary in your opening month? Are you going to quit? What if all you make is 75 bucks for the first 3 months as a mobile notary, what then?
Being a mobile notary is not easy. At first it’s all work all the time, but after a while you might take a full weekend off and even make some money. Ask yourself, do I have the commitment to get through the worst of the worst just to see it get worse, because the truth is it does and it will. Like with everything, in time you learn to love it and become good at it, if not great.
Spend some time talking with friends and family about your plans and be realistic about what to expect when first starting out as a mobile notary.