Startup cost: $100 - $1k
The low-end estimate covers basic costs like a notary commission fee, a simple notary stamp, and a basic journal. The high-end estimate includes additional expenses such as a high-quality notary seal, a comprehensive notary training course, E&O insurance, a professional website, marketing materials, and membership in a notary association. Essential costs are the commission fee and stamp, while optional costs include marketing and advanced tools. Hidden fees might include background checks or state-specific requirements. Online communities often mention that while starting costs are low, expenses can increase with additional services and marketing efforts. For someone serious about this side hustle, budgeting for both essential and optional tools is recommended.
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