Mobile Notary: Signings Needed To Hit A Monthly Revenue Goal

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A mobile notary working from an average fee per signing can turn any monthly revenue goal into a concrete number of signings to book. It is one division — goal divided by average fee — but the rounding direction matters: round up, because 33.3 signings is really 34 signings if you actually want to clear the goal, not fall a third of a signing short.


Quick formula: Monthly revenue goal divided by the average fee per signing, rounded up:
=ROUNDUP(B2/C2,0)

A $3,000 goal at a $75 average fee needs 40 signings for the month.

Functions used (tap for the full reference guide):

The example

Three notaries with different goals and average fees, based on their typical mix of loan signings and general notarizations.

ABCD
1NotaryMonthly goalAvg feeSignings needed
2A. Reyes30007540
3B. Chen45009050
4C. Diallo20006034

The formula

Divide, then round up:

=ROUNDUP(B2/C2,0) // monthly goal divided by average fee per signing

How it works

Two steps:

  1. B2/C2 divides the dollar goal by the average dollar fee, giving a raw signings count that is usually a fraction — $2,000 / $60 is 33.33.
  2. ROUNDUP(...,0) rounds that up to 34, because 33 signings at $60 only brings in $1,980 — $20 short of the $2,000 goal.

Divide the monthly signings-needed number by working days in the month to see the daily booking pace required to stay on track.

Try it: interactive demo

Interactive

Enter the monthly revenue goal and the average fee per signing.

Variations

Average fee from a real mix of jobs

Instead of guessing an average fee, calculate it from last month's actual signings so the goal is based on your real mix of loan packages and simple acknowledgments.

=AVERAGE(LastMonthFees)

Signings needed per week, not per month

Divide the monthly signings-needed figure by weeks in the month to pace bookings evenly instead of front- or back-loading the month.

=ROUNDUP(B2/C2,0)/WeeksInMonth

Pitfalls & errors

An average fee blended from very different job types (a $40 acknowledgment and a $150 loan signing) can hide the fact that hitting the goal with all-acknowledgment bookings takes far more appointments than the blended average suggests. Break the goal out by job type if the mix varies a lot.

Subtract fixed monthly costs (E&O insurance, printer supplies, mileage) from the revenue goal before this formula runs if the number you actually care about is profit, not gross fees collected.

If average fee is ever 0 or blank (a new notary with no history yet), the formula returns a #DIV/0! error. Default to a reasonable starting average fee until real data accumulates.

Practice workbook

📊
Download the free Mobile Notary: Signings Needed To Hit A Monthly Revenue Goal practice workbook
Edit the yellow goal and average-fee cells; signings needed recalculates.

Frequently asked questions

Should travel time factor into the goal at all?
Not into this formula directly, but it belongs in a companion check: multiply signings needed by average appointment-plus-travel time and compare against actual available hours in the month to confirm the goal is physically bookable.
What if fees vary a lot by distance or job complexity?
Use a weighted average based on your actual booking mix (not a simple average of the fee schedule), or better, run the goal separately for each major job type and add the required signings together.

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Related formulas: Mobile Notary: Signing Fee With Travel Minimum · Mobile Notary: Extra-Stamp Fee · Car Rental: Late Return Fee By Hour Block

Function references: ROUNDUPAVERAGE