Are you thinking about starting your own LLC? Look no further! In this comprehensive review article, we will take a close look at ZenBusiness’s LLC formation service. We’ll explore the pros and cons of using ZenBusiness, discuss their pricing and features, and even offer some alternative options for you to consider.
ZenBusiness offers a range of packages to meet your specific needs, from their basic package that includes articles of organization and customer support, to their pro package that includes a custom operating agreement and faster filing time. They also provide registered agent services to help ensure worry-free compliance. While ZenBusiness has its advantages such as affordable pricing and positive user reviews, there are also some drawbacks to consider, including unclear pricing and a lengthier filing time. Don’t worry, we’ll cover all the details so you can make an informed decision about forming your LLC.
Overview of ZenBusiness’s LLC formation service
ZenBusiness offers LLC formation services and registered agent services to entrepreneurs looking to start their own businesses. In this comprehensive review, we will discuss the pros and cons of using ZenBusiness for forming an LLC, as well as the different packages they offer and the features included in each. We will also explore the registered agent services provided by ZenBusiness and mention some alternatives in the market. By the end of this review, you will have a clearer understanding of whether ZenBusiness is the right choice for your LLC formation needs.
Pros of using ZenBusiness for forming an LLC
Affordable pricing
One of the major advantages of using ZenBusiness for forming an LLC is their affordable pricing. Their basic package starts at $0 (excluding state fees) and provides all the necessary features for LLC registration. This package includes articles of organization, unlimited name availability searches, customer support, free accounting consultation, and more. The pricing of their higher-tier packages is also competitive compared to other formation service providers in the market.
Accuracy guarantee
ZenBusiness offers a 100% accuracy guarantee for their filings. This means that if there are any mistakes or errors in your LLC formation documents, they will correct them at no additional cost to you. This guarantee gives you peace of mind, knowing that your LLC formation process will be handled with care and attention to detail.
Positive user reviews
ZenBusiness has received thousands of positive customer reviews, indicating a high level of customer satisfaction with their services. Customers often praise their affordable pricing, ease of use, knowledgeable customer support, and lifetime support by phone or chat. The positive feedback from previous clients is a testament to the quality of service provided by ZenBusiness.
Lifetime support
With ZenBusiness, you don’t just get support during the LLC formation process. They offer lifetime support to their customers, so you can reach out to them at any time with questions or concerns regarding your LLC. This level of ongoing support sets ZenBusiness apart from other formation service providers and ensures that you have a trusted partner in your business journey.
Cons of using ZenBusiness for forming an LLC
Unclear pricing
One of the drawbacks of using ZenBusiness for LLC formation is their pricing structure, which can be confusing for some customers. The pricing varies depending on the features and packages you choose, and it may not always be clear what is included in each package. Some customers have found it challenging to understand the full cost implications before making a purchase decision.
Lengthy filing time
While ZenBusiness offers competitive pricing, their filing time can be longer compared to other formation service providers. The basic filing time for LLC formation with ZenBusiness is typically 2 to 3 weeks, which may be longer than desired for those looking for a faster turnaround. If time is of the essence for your LLC formation, this prolonged filing time may be a drawback.
Use of a chat bot during checkout
During the checkout process, ZenBusiness utilizes a chat bot to prompt customers with questions instead of using a traditional form. While this may be helpful for beginners who appreciate guidance, it can also make the process take longer than expected. Some customers prefer a straightforward form-based system for a quicker and more streamlined experience.
Packages offered by ZenBusiness
ZenBusiness offers three different packages for LLC formation: Basic, Pro, and Premium. Each package provides varying features and benefits at different price points, allowing customers to choose the package that best suits their needs and budget.
Basic package
The Basic package is free (excluding state fees) and provides the essential features for LLC formation. It includes articles of organization, unlimited name availability searches, customer support through phone and email, an online dashboard for accessing important documents, free accounting consultation, and more. This package is an excellent option for those on a tight budget or those who only require the basic LLC formation services.
Pro package
The Pro package is priced at $199 per year (plus state fees) and offers additional features on top of what is included in the Basic package. In addition to the features of the Basic package, the Pro package includes a custom operating agreement template, increased filing speed with documents completed and posted on the dashboard within a week, and an employer identification number (EIN). This package is suitable for those who require a faster filing process and additional legal documents.
Premium package
The Premium package is priced at $349 per year (plus state fees) and includes all the features of the Basic and Pro packages. In addition, the Premium package offers shorter processing times, usually only a few business days on average, business domain name, email, and website, and various business document templates. This package is ideal for those who need a faster filing process, a professional online presence, and access to business document templates.
Features of the Basic package
The Basic package from ZenBusiness includes the core features needed for LLC formation. These features are designed to provide a solid foundation for your business and ensure a smooth and efficient formation process.
Articles of organization
ZenBusiness will prepare and file the articles of organization on your behalf. These are the foundational documents that officially establish your LLC as a legal entity.
Unlimited name availability searches
Before filing your LLC, ZenBusiness will conduct unlimited name availability searches to ensure that your desired business name is available and does not conflict with existing trademarks or businesses.
Customer support
As a ZenBusiness customer, you will have access to customer support through phone and email. Their knowledgeable and friendly support team can assist you with any questions or concerns throughout the LLC formation process.
Free accounting consultation
Included in the Basic package is a free accounting consultation. ZenBusiness can provide guidance on basic accounting practices and help you set up an accounting system for your new LLC. This consultation can be valuable for those who are new to business finance and want to ensure they start on the right track.
The Basic package offers a solid set of features to help you get started with your LLC formation. However, if you need additional services or more advanced features, you may consider upgrading to the Pro or Premium package.
Features of the Pro package
The Pro package from ZenBusiness includes all the features of the Basic package, with the addition of some more advanced features that can enhance your LLC formation process and provide additional legal protection.
Custom operating agreement
In the Pro package, ZenBusiness provides a custom operating agreement template. An operating agreement outlines the ownership and operating procedures of your LLC. Having a custom operating agreement ensures that you have a legally binding document tailored to your specific business needs.
Increased filing speed
For those who value speed and efficiency, the Pro package offers increased filing speed. ZenBusiness aims to complete and post your LLC formation documents on the online dashboard within a week, allowing you to proceed with your business plans sooner.
Employer identification number (EIN)
Included in the Pro package is the option to obtain an employer identification number (EIN) for your LLC. An EIN is a unique nine-digit number issued by the IRS and is necessary for hiring employees, opening business bank accounts, and filing taxes. ZenBusiness can assist you with the EIN application process, making it quick and hassle-free.
The Pro package is suitable for entrepreneurs who want additional legal protection and a faster filing process. The custom operating agreement and the option to obtain an EIN can be valuable features for those who are serious about their business and want to ensure compliance with legal requirements.
Features of the Premium package
The Premium package from ZenBusiness includes all the features of the Basic and Pro packages, along with some premium features designed to elevate your LLC formation experience and give your business a professional edge.
Shorter processing times
One of the standout features of the Premium package is the shorter processing times provided by ZenBusiness. Instead of waiting weeks for your documents to be processed, ZenBusiness aims to complete the formation process within a few business days on average. This rapid turnaround time allows you to start operating your business sooner and reduces any potential downtime.
Business domain name, email, and website
To establish a strong online presence, the Premium package includes a business domain name, email, and website. Having a professional website and branded email address can enhance your credibility and make it easier for customers to find and connect with your business.
Business document templates
ZenBusiness provides access to various business document templates as part of the Premium package. These templates can be useful for drafting contracts, agreements, and other legal documents specific to your business needs. Having access to ready-to-use templates can save you time and money in the long run.
The Premium package is the top-tier offering from ZenBusiness and is best suited for entrepreneurs who want a swift and sophisticated LLC formation experience. The shorter processing times, professional online presence, and access to business document templates make this package a comprehensive solution for those seeking a complete business formation package.
Registered agent services offered by ZenBusiness
In addition to their LLC formation services, ZenBusiness also offers registered agent services. A registered agent is a person or entity responsible for receiving important legal and tax documents on behalf of your LLC. While you can serve as your own registered agent, hiring a professional registered agent can provide additional benefits.
ZenBusiness offers registered agent services as an add-on to their LLC formation packages. By selecting ZenBusiness as your registered agent, you can ensure that important documents are received promptly and securely. This service helps you maintain compliance with state requirements and protects your privacy by keeping your personal address off public records.
Options for worry-free compliance
When you file an LLC with ZenBusiness, you have the option to include worry-free compliance in your package. This service, which is free for the first year, provides alerts and notifications for upcoming compliance and filing events. ZenBusiness covers your annual report and up to two business amendment filings per year. This allows you to focus on running your business while ZenBusiness handles the necessary filings to keep your LLC in good standing.
ZenBusiness’s registered agent services, combined with worry-free compliance, provide peace of mind and simplify the ongoing administrative tasks associated with maintaining your LLC.
Other options in the market
While ZenBusiness offers a comprehensive range of LLC formation services, it’s essential to consider other options in the market before making your decision. Two notable alternatives to ZenBusiness are Northwest and Tailor Brands.
Northwest
Northwest is a formation service that is known for its excellent customer service and affordable pricing. They offer a similar range of features as ZenBusiness, including LLC formation services and registered agent services. Many customers appreciate Northwest’s transparency in pricing and their commitment to customer satisfaction.
Tailor Brands
Tailor Brands is a unique option that combines brand identity design with LLC formation services. They provide everything from logo design and website creation to LLC formation. If you value branding and want a cohesive visual identity for your business, Tailor Brands may be a suitable alternative to consider.
When exploring alternatives to ZenBusiness, it’s important to compare pricing, features, and customer reviews to ensure you make an informed decision that aligns with your specific needs and budget.
Conclusion
In conclusion, ZenBusiness offers a comprehensive LLC formation service with various packages catering to different budgets and requirements. The pros of using ZenBusiness include their affordable pricing, accuracy guarantee, positive user reviews, and lifetime support. However, there are some cons to consider, such as unclear pricing, lengthy filing times, and the use of a chat bot during checkout.
ZenBusiness’s Basic, Pro, and Premium packages provide a range of features and benefits to support your LLC formation journey. From articles of organization and unlimited name availability searches to custom operating agreements and faster processing times, ZenBusiness offers the necessary tools to establish your LLC successfully.
Additionally, their registered agent services and worry-free compliance option ensure that ongoing compliance and legal obligations are handled efficiently, allowing you to focus on growing your business.
While ZenBusiness is a reputable and reliable formation service provider, it’s essential to explore other options such as Northwest and Tailor Brands to ensure you find the right fit for your specific needs. Overall, with careful consideration of the pros and cons, ZenBusiness can be a valuable partner in your LLC formation process.