Business Idea

Start A Mobile Notary Service Business

About

Starting a mobile notary service business requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell mobile notary service, or selling mobile notary service online, you can use this page as a guide for everything you'll need to know.

Key stats

market size
$66B
starting costs
$14.6K
gross margin
90%
time to build
7 months

About

Starting a mobile notary service business requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell mobile notary service, or selling mobile notary service online, you can use this page as a guide for everything you'll need to know.

Key stats

market size
$66B
starting costs
$14.6K

 

gross margin
90%
time to build
7 months

Startup Costs

Min Startup Costs Max Startup Costs
Office Space Expenses $750 $7,000
Employee & Freelancer Expenses $150 $250
Equipment & Supply Expenses $500 $5,000
Website Costs $303 $7,015
Business Formation Fees $600 $4,700
Software Expenses $162 $2,894
Advertising & Marketing Costs $0 $1,400
Other Expenses $0 $800
Total Startup Costs $2,465 $29,059

Successful Businesses

Business URL Rank
123notary 123notary.com #212,315
BANCSERV bancserv.net #676,446
SUPERIOR NOTARY SERVICES superiornotaryservices.com #714,267
Notary Pro notarypro.ca #1,039,785
Certified Mobile Notary Service certifiedmobilenotaryservice.com #1,070,202
atlnotary.com atlnotary.com #1,251,141
Nationwide Signing Services nssnotary.com #1,445,687
Home Page theclosingexchange.com #1,836,624
@AfterHoursVA afterhoursva.com #2,086,709
Become an Ohio Notary Public becomeanohionotary.com #2,445,778
24 Hour Mobile Notary DC Maryland Virginia & Apostille dmvnotarymobile.com #2,717,948

Pros & Cons

Pros Description
Flexibility You can put as much time into the business as you'd like. If you like the work and have some initial experience, you can start small and manage all aspects of the business on your own.
Ability to start your business from home It's not necessary to have a physical storefront or office space to get your business started. You can do everything from the comfort of your own home, at least in the beginning!
Little startup costs required The cost to start a mobile notary service business costs significantly less money than most businesses, ranging anywhere from 2,465 to 29,059.
Rewarding work Starting a mobile notary service business can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about.
Scalable With businesses and processes changing daily, there will always be demand for new features, products and services for your business. Additionally, there are several different business models and pricing tiers you can implement that will allow you to reach all types of customers.
No overhead costs To get your mobile notary service business started, there are no costs associated with overhead, storage, packaging, etc. This will save you a lot of time and money!
Cons Description
Crowded Space Competition is high when it comes to your mobile notary service business, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies.
Longer Sales Process A mobile notary service business can be a big time and money investment for your customer, so it's important you plan and predict a longer conversion funnel and stay in communication with potential customers.
Work can be inconsistent As a mobile notary service business, the amount of work assigned to you and schedule tends to be more inconsistent, which may make your income less stable. It's important to set boundaries and budget accordingly based on the amount of work you plan to have.
Lack of benefits With a mobile notary service business, you are typically self-employed and responsible for finding your own insurance, which can be quite costly and time-consuming.
Isolation Often times, as a mobile notary service business, you typically work alone and do not have much face-to-face interaction with other team members.
Taxes As a mobile notary service business, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it.