TMCnet Feature Free eNews Subscription
June 22, 2021

ZenBusiness Review - Is It the Best LLC Formation Service?

When you start a business, there is a lot of paperwork that you will have to handle – along with a lot of other formalities that are not only confusing but also very time-consuming. This is where services such as ZenBusiness come into the mix, as they allow you to start on your business without too much of a headache.



But how zen is this ZenBusiness actually? What exactly are they going to do for you? Can you trust them to handle the technicalities of your business? Is the price worth it for what they have to offer? Read this ZenBusiness review and find out whether it is something you could use or not.

What Is ZenBusiness?

Founded in 2015 in Texas, ZenBusiness is the new kid in the block when it comes to LLC services. It may not have been around for that long as compared to other LLC services, but it is certainly a great choice for those looking to form an LLC.

Every LLC has its own technicalities to handle, from daily to yearly reports, along with many other paperwork types that need to be addressed. Not many businesses have time to handle that kind of paperwork themselves, so ZenBusiness will take on that task and allow you to run your business without the extra stress.

Who Is ZenBusiness For?

ZenBusiness is a great choice for those who want an efficient and quick LLC formation service at a good price. It’s not the kind of service that will have you paying through the nose, making it a great choice for those that are on quite a tight budget.

This service will register your business and then apply for any additions that you might need (for example, your EIN). It will even establish your digital presence, with much better rates as compared to the competition.

ZenBusiness is pretty much for those that are in a hurry and do not like the additional hassle brought by starting up a business. At that point, people just want to focus on their product and create something that will sell. And dealing with the paperwork would only waste a lot of their precious time.

This is time that ZenBusiness should save you – at a reasonable cost. You just need to decide which formation package you want, and they will take care of the business for you.

Click Here To Start Your Dream Business Today

Who Shouldn’t Go for ZenBusiness?

There are very few people who WOULDN’T benefit from the services provided. That being said, those who desperately want to have a seal of the company included in the package might feel disinclined to go for their services. However, a company seal may easily be bought by yourself separately, and it should only cost you somewhere around $12.

Services Provided By ZenBusiness

ZenBusiness provides several services, depending on the package that you are going for. Here are some of the most popular features provided by the company:

1. Preparation and Filing of Paperwork

Perhaps the most convenient option of ZenBusiness lies in the fact that it handles all of your registration paperwork for you. After all, when starting an LLC, you can’t get anything done without preparing and filing the registration forms first.

As a new entrepreneur, you might not necessarily know what you should do and where you should go with your paperwork. ZenBusiness has dealt with these types of issues before, and they know exactly where they need to file each form. Also, there will be no issues or errors, as the company will know how to handle this kind of paperwork.

2. Name Availability Research

When you are starting your own business, you must have a unique, catchy name for it. If the name of the company is similar to another company from the state, not only will your application be rejected, but you also risk mistakenly sending your prospective customers their way.

This is where ZenBusiness comes in handy. They have the means necessary to conduct a name availability search, ensuring not only that your name in the business is unique, but also that your request is not rejected for a mistake that could have been easily avoided.

3. Email and Phone (News - Alert) Support

There may be numerous things that ZenBusiness will help you with, but starting and running a business will also require you to handle some of that bureaucracy yourself. For this reason, ZenBusiness is there to offer you support and get you through the confusing sea of acronyms, insider jargon, and red tape areas that businesses are often surrounded with.

4. Registered Agent

Every business requires its own contact person that handles all the paperwork. That person must be available during business hours and must also be able to provide a physical address.

Under most circumstances, the person starting the business would also be the one to act as a registered agent. However, not only is that a difficult spot to fill, but it can also be downright impossible sometimes. This is why ZenBusiness will designate a registered agent to take on the responsibilities of that position.

5. Various Filing Speeds

Depending on the package that you are going for, you may receive standard filing speed, expedite filing speed, and rush filling speed. All of them are chosen based on your urgency level. If you can afford to wait a couple of days, the standard filing speed might be exactly what you need. However, if you need everything done as fast as possible, then obviously the rush filing speed might be more convenient – although it will also be slightly pricier in comparison.

6. Worry-Free Compliance

The most boring but at the same time most important part of running a business is keeping up with the red tape of the government. Indeed, it might sound very boring and troublesome – but at the same time, forgetting about it can get you into numerous problems. You may get a fine, increase your personal liability risk, and risk losing the protection of your LLC. ZenBusiness can help you handle matters in that regard.

7. Business Website and Domain Name

For LLCs, their online presence is an extremely important factor if they wish to survive on the market nowadays. The Virtual Business Guide of ZenBusiness can walk you step-by-step through this process – but at the same time, they may do it for you instead. They can build your website in a manner that is easy to edit, even if you are a novice.

Plus, they will help you come up with a domain name. After all, there’s no point in creating a fabulous-looking website if you don’t have a catchy domain for it as well. ZenBusiness can help you secure the proper domain that is relevant for your company so that your business may be successful.

ZenBusiness Formation (News - Alert) Packages and Costs

With ZenBusiness, you have the option of getting three LLC formation packages: starter pack, pro pack, and premium pack. All the features for each package are listed on their website, where you can check them in detail yourself. As expected, the more expensive the package, the more features you will get.

1. The Starter Package

The starter package is the perfect choice for entrepreneurs on a budget who just want a registered agent service free of charge alongside their business formation. The starter pack comes with the incorporation basics, and then creates a well-rounded service with the registered agent.

Every corporation will need a registered agent so that they remain in compliance with the state government. That agent will receive important paperwork deliveries on behalf of your business, which they will eventually have to handle. Very often, this registered agent is the business owner – but with ZenBusiness, you can pass that task on to the service.

Moreover, the starter package will offer you corporate bylaw templates (operating agreements) that will help you make a description of the company’s ownership structure. You will also get a risk-free accounting assessment that can help get you started more smoothly.

The first year of using this package will cost you $39. That being said, the price point for each following year becomes $119, as at that point you will also have to pay for the registered agent. 

2. The Pro Package

If you are an advanced entrepreneur that needs slightly more features than what the starter package has to offer you, then you might want to add ZenBusiness  Pro to your order. With this Pro package, you will receive a banking resolution template, as well as an EIN (federal tax ID number) from the IRS on your company’s behalf. This is something that most businesses need.

The EIN is pretty much the social security number of your business. This allows you to open bank accounts for your business, hire employees, pay taxes, and many more. At $149, you will get many benefits with this LLC service.

With the Pro package, you will also get a Worry-Free Guarantee, which is what they call their service for compliance management and managed annual reports. Year after year, they will file an annual report and this package includes the prepping and filing of two amendments per year. This is something that you may or may not have heard of being provided before.

3. Premium Package

Now, if you are an entrepreneur that only wants the best of the best and is looking for the fastest, most efficient services possible, then you might want to go for the premium package. At $249, you will get more documents, faster incorporation time, but also a business website.

With the $100 increase, you will get a rush filing speed, business email, domain registration and privacy, and a well-set website. This package is a great option for those who wish to set an online presence at a reasonable price. It takes care of both the bureaucracy and the online setting of your business, which means that the only thing you will ever have to worry about is creating the products that you wish to sell.

Visit ZenBusiness Today To Start Your Own Business

ZenBusiness Pros and Cons

Before hiring the services of any company, you first need to consider all of the pros and cons. Every product or service will have its drawbacks, which is why you need to determine whether the benefits outweigh the drawbacks for you or not. Here is what you may expect from ZenBusiness:

Pros

  • One of the most affordable LLC services, as it is 30%-90% more accessible in terms of price than other similar companies
  • A very comprehensive list of services and products, without the extra fluff
  • The registered agent service is free of charge in the first year for every client, and not just for the high-end ones
  • Communication is upfront and clear, without any upsells
  • Compliance deadlines are continuously monitored, which means you won’t have to deal with annual report filings
  • The service comes with a worry-free CPA assessment even with the basic package, something that will help you even more with the business taxes
  • Customer feedback is positive almost everywhere. There were very few people that had complaints about the platform, and that was mostly because they were looking for different types of features.
  • Turnaround time is very quick, sometimes taking less than a week for it to happen
  • You may build your own custom plan if theirs is not a very good fit for you.

Cons

  • ZenBusiness is still relatively new, which means that it doesn’t enjoy as much brand recognition as compared to other similar companies
  • Does not have any company seal options

The Bottom Line

In the end, ZenBusiness is a great LLC service if you are looking for something efficient that won’t cost you a lot. It is a good option to start your business hassle-free, taking care of boring paperwork and annual reports that you’d normally have to deal with. We hope this ZenBusiness review helps you decide whether or not it’s the right company for you. Overall, it is a great option to become an entrepreneur without the extra stress.

Click Here To Get Started With ZenBusiness Today

This article contains affiliate links.



» More TMCnet Feature Articles
Get stories like this delivered straight to your inbox. [Free eNews Subscription]
SHARE THIS ARTICLE

LATEST TMCNET ARTICLES

» More TMCnet Feature Articles