RON for a newbie

There is a plethora of data already on the threads within Notary Cafe. :sparkles::tulip:

If you type ‘RON’ in the Search field, you’ll find loads of very informative & bountiful resources there.

Always check the Search field initially for any query, then (IF you come up empty-handed) create a thread with your question.

Here is a sampling of some of the available threads for you: Search results for 'ron' - Notary Cafe Forums

It will also serve you well to review the following thread:

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IF you discover that a completely new thread DOES need to be created for your question, then include within your original post that a thorough Search of the Notary Cafe forum threads has already been completed & include the links of the threads (at least 1 or 2) with the most helpful info. This will assist us in providing guidance as well as provide helpful info to others who will be viewing your recently created thread. :pray::angel::gem:

You may also want to consider calculating the following overhead expenses even if you’re only choosing RON work. Here are a few to get you started:
• telephone expenses
• office equipment and furniture
• rent and utilities
• paper
• toner
• binder clips
• pens
• stationery and supplies
• business insurance
• business-related meals and entertainment
• professional association memberships
• annual background checks
• annual certification expenses
• legal and accounting fees
• advertising and marketing costs; i.e., Google ads, yellow pages ad, website, business cards, or brochure

Your individual overhead would also include the cost of fringe benefits; i.e., medical insurance, disability insurance, retirement benefits. Also, remember to include income taxes and self-employment taxes.

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If calculating all this accurately seems to be a bit overwhelming, reach out to your tax advisor and ask for guidance in this regard, Ivan. :sparkles::yellow_heart: