Starting Off on the Right Foot in 2022
Another year has come and gone, along with the bustle of the holidays. Keep that momentum going by working on your business plan for the coming year. Having a clear vision of what you want to accomplish as a notary and how you will accomplish it are the keys to becoming successful. While your plan should be specific to your notary business, here are a few universal ways to get started off on the right foot.
Thank your notary customers.
It’s the simplest and most easily achieved goal, but it is also the one most often overlooked. Your customers are the reason you are successful. Without them, you wouldn’t have a business. Take some time out to send them a personalized “thank you” card or a quick phone call letting them know how much you appreciate their past business and that you look forward to continuing working with them in the upcoming year.
Learn something new.
There have been so many changes in the notary/mortgage/title industries due to revisions in law and technology that it may be difficult to keep up while working. Build time into your schedule in the upcoming year to take a class, read up on industry changes, learn a new skill, or join an association relevant to your business. Knowledge is power and the key to running a sustainable business.
Review your finances and adjust.
Take at look at what your expenses were last year. How can you reduce your expenses in the upcoming year? What assignments were most profitable and least profitable? Break down your business by the numbers and set realistic expectations as to how you will perform financially in the new year.
Market your notary business.
Decide how you want your business to grow next year and what marketing endeavors will help to achieve these goals. Have a plan as to exactly how, when, and to whom you are marketing. Set some time aside every week just to work on your marketing plan.
Make sure your notary business is industry compliant.
While there aren’t many hard-and-fast rules for notaries, there are some suggested guidelines. Follow them, and you will be vaulted to the top of most companies’ preferred vendor lists. Check to see if your E&O insurance and surety bonds provide adequate coverage. Make certain your background check is from a preferred vendor and that it’s less than a year old. Look to see how you are protecting personal information and find ways to make your technology and processes more secure.
Continue the good and fix the bad.
Look to see what things went well for you last year and keep on keeping on. Things that didn’t make the grade? Review, revamp, and revise.
The American Association of Notaries wishes you all good health, happiness, and success in 2022.
Click here to order a notary stamp for the coming year.
Legal Disclaimer: The American Association of Notaries seeks to provide timely articles for notaries to assist them with information for managing their notary businesses, enhancing their notary education, and securing their notary stamp and notary supplies. Every effort is made to provide accurate and complete information in the American Association of Notaries newsletters. However, we make no warrant, expressed or implied, and we do not represent, undertake, or guarantee that the information in the newsletter is correct, accurate, complete, or non-misleading. Information in this article is not intended as legal advice. We are not attorneys. We do not pretend to be attorneys. Though we will sometimes provide information regarding notaries' best practices, federal laws and statutes, and the laws and statutes of each state, we have gathered this information from a variety of sources and do not warrant its accuracy. In no event shall the American Association of Notaries, its employees, or contractors be liable to you for any claims, penalties, loss, damage, or expenses, howsoever arising, including, and without limitation, direct or indirect loss or consequential loss out of or in connection with the use of the information contained in the American Association of Notaries newsletters. It is your responsibility to know the appropriate notary laws governing your state. Notaries are advised to seek the advice of their states' notary authorities or attorneys in their state if they have legal questions. If a section of this disclaimer is determined by any court or other competent authority to be unlawful and/or unenforceable, the other sections of this disclaimer continue in effect.
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Notary bonds and errors and omissions insurance policies provided by this insurance agency, American Association of Notaries, Inc., are underwritten by Western Surety Company, Universal Surety of America, or Surety Bonding Company of America, which are subsidiaries of CNA Surety.