Launching a new business venture is always exciting, but navigating the legal and regulatory frameworks involved can often be daunting. This is particularly true when it comes to forming a Limited Liability Company, or an LLC, a popular business structure that combines the flexibility of a partnership with the liability protection of a corporation. Is TailorBrands a good option for this?
Enter TailorBrands, an online service provider making waves in the industry by simplifying this intricate process. Their aim is to assist budding entrepreneurs and established businesses in setting up an LLC with efficiency, transparency, and reliability. With a range of services encompassing all aspects of LLC formation, TailorBrands offers a comprehensive solution that takes the guesswork out of the process, allowing business owners to focus on their core operations.
Before diving in, I want to share with you the following video, where I go through every single aspect of Tailor Brands:
Ok, back to business! This review will delve into the ins and outs of TailorBrands’ LLC formation services. We’ll examine their features, pricing structure, customer service, and overall value proposition. We will highlight their key strengths and also point out areas where they could potentially improve.
But the world of online LLC formation services is a competitive one, and TailorBrands isn’t the only player in the game. That’s why, after our in-depth examination of TailorBrands, we’ll be comparing their services to those of Incfile, another well-regarded name in the industry. This comparison will help you to understand how these two providers stack up against each other, and by the end, we aim to equip you with all the information you need to decide which LLC service is the best fit for your business.
So, let’s dive in and take a closer look at what TailorBrands has to offer.
Table of Contents
TailorBrands: Enabling Businesses Everywhere
TailorBrands is an innovative, user-friendly online service designed to help entrepreneurs and small businesses establish their LLCs. They offer a comprehensive package that covers everything from filing the necessary paperwork, creating operating agreements, and even providing registered agent services. Their aim is to simplify the process, eliminate guesswork, and let you focus on what truly matters – running your business.
How Much Does it Cost to Start an LLC?
TailorBrand’s details
When we dive into the details of the services that TailorBrands provides, it becomes evident how much value they offer to their clients. Starting with their step-by-step guidance, you can easily navigate the legal landscape of setting up an LLC. TailorBrands takes care of drafting and filing your Articles of Organization, which legally establishes your business. They also provide a customized operating agreement, laying the foundation for your business’ structure and rules.
TailorBrands also offers additional features like an Employer Identification Number (EIN) service, making it easier for you to handle taxes and open business bank accounts. With their compliance service, they help you stay on top of the yearly reports required by your state.
Real Prices… Is It The Best Option?
Tailor Brands offers an array of LLC formation services designed to simplify and expedite the process. Today, we’re going to delve into their three unique packages that cater to different business needs and budgets.
Starting off the roster is the Lite package. This package is the most economical choice, and it requires only a one-time payment of $49, plus applicable state fees. A step up from the Lite, the Essential option costs $199 per year, in addition to a one-time payment of state fees.
Finally, we arrive at Tailor Brands’ most comprehensive offering, the Elite package. This option costs $249 per year, plus state fees, and offers all the services included in the Essential plan.
Having delved into the offerings of TailorBrands and their ability to provide a comprehensive suite of services for LLC formation and beyond, it’s time to shift our focus to another prominent player in this domain: Incfile.
Renowned for its customer-friendly pricing structure, including a $0 basic LLC formation package, Incfile is a competitor that certainly won our attention here at BizBuddy. As we examine their services, we will consider the same crucial aspects, from pricing and features to customer service, ease of use, and overall value. Ultimately, our aim is to provide a well-rounded comparison to help entrepreneurs make an informed choice on the best service for their unique business needs. So, let’s pivot and explore what Incfile brings to the table.
Incfile: The Best LLC Service
Both Incfile and TailorBrands have made a name for themselves in the field of online LLC formation services, offering a range of packages designed to meet the needs of businesses at varying stages of their growth. Let’s delve into a head-to-head comparison, examining the aspects of pricing, features, customer service, ease of use, and overall value.
Complete Incfile Review!
Incfile vs. TailorBrands
Let’s compare its benefits with TailorBrands to see the bigger picture:
| SERVICE | TAILOR BRANDS | INCFILE |
| Basic LLC Formation Package Price | $49 plus state fees | $0 plus state fees |
| Comprehensive LLC Formation Package Price | $249 per year plus state fees | $299 per year plus state fees |
| Registered Agent Service | Available at an additional cost | Included free for the first year |
| Business Compliance Service | Available | Available |
| Employer Identification Number (EIN) Service | Available at an additional cost | Included in Gold and Platinum packages |
| Operating Agreement Drafting | Available | Included in Gold and Platinum packages |
| Business Licensing Service | Available | Included in Platinum package |
| Website Development and Branding | Available in the Elite package | Not available |
| Customer Support | Known for excellent customer service | Varies by package, but generally well-regarded |
| Ease of Use | User-friendly platform | Intuitive platform, equally easy to use |
| Overall Value | Great value for the price, especially for those needing extra branding tools | Exceptional value for basic LLC formation, and strong value in more comprehensive packages |
Both Incfile and TailorBrands have made a name for themselves in the field of online LLC formation services, offering a range of packages designed to meet the needs of businesses at varying stages of their growth. Let’s delve into a head-to-head comparison, examining the aspects of pricing, features, customer service, ease of use, and overall value.
- Pricing: TailorBrands offers three main packages: Lite ($49 one-time fee + state fees), Essential ($199 annually + state fees), and Elite ($249 annually + state fees). On the other hand, Incfile stands out for its competitive pricing. They offer a free tier (only requiring state fees), a Gold package at $149, and a Platinum package at $299. Incfile’s free tier makes it an attractive option for startups on a shoestring budget, outperforming TailorBrands’ Lite package on price.
- Features: While both companies offer a comprehensive suite of services, Incfile has a broader range of features in its base packages. For instance, the free package includes a full year of registered agent services, an essential feature for maintaining your LLC’s privacy and compliance. TailorBrands, in contrast, charges an extra fee for registered agent services, making Incfile a more cost-effective option in this regard.
- Customer Service: Both companies offer excellent customer service, but Incfile takes it a notch higher with its lifetime customer support. This means you can reach out to them for assistance even years after you’ve formed your LLC. TailorBrands, while also praised for their customer support, doesn’t explicitly mention lifetime support.
- Ease of Use: Both TailorBrands and Incfile provide user-friendly platforms designed to simplify the LLC formation process. Customers of both have appreciated the clear instructions and seamless process, making them both relatively equal in this aspect.
- Overall Value: When considering overall value, both companies offer great service. However, Incfile takes the lead with its free basic package that includes a year of registered agent services, a feature for which TailorBrands charges extra. This means that for small businesses just starting, Incfile offers superior value by providing essential LLC formation services at a significantly lower cost.
Notably, while TailorBrands offers a few unique features such as logo creation, website builder, and social media post maker in their Elite package, these services are not directly related to LLC formation. Businesses specifically focused on LLC creation and maintenance might find Incfile’s offerings more relevant and cost-effective.
Let’s take a look at their pros and cons:
| TAILOR BRANDS | INCFILE | |
| PROS | – Comprehensive range of services. – Platform is intuitive and user-friendly. – Excellent customer support. – Additional branding tools like logo creation, website builder, and social media post maker in the Elite package. | – Basic LLC formation is free – you just pay the state fees. – Registered agent service is free for the first year. – High-value Gold and Platinum packages offer a wide range of additional services. |
| CONS | – Some essential services like EIN registration and registered agent services come with an extra fee. | – No branding or website-building tools are offered. – Customer service quality may vary by package. |
Real LLC Cost: Comparing it with the 5 most popular LLC formation services
Conclusion
In conclusion, while both TailorBrands and Incfile offer valuable LLC formation services, Incfile’s pricing structure, inclusive features, and lifetime customer support make it a superior choice for businesses seeking a cost-effective and comprehensive solution to LLC creation. Remember, it’s essential to consider the specific needs and budget constraints of your business when choosing an LLC formation service. Both companies have their strengths, but in this comparison, Incfile takes the lead.
