LegalZoom vs IncFile vs TailorBrands vs Northwest -- who should you use to form your LLC?
Do you want to hire someone to help you form your LLC and even serve as your Registered Agent? My top recommendation for years has been Northwest. They have the best customer service! (I secret-shopped them to make sure!)
Northwest: bit.ly/3NVH84b
I am now an affiliate of Northwest, which means I get paid a commission for purchases made through the link, at no additional cost to you. This helps support the channel so I can make even more videos and tutorials for you all!
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Are you starting a business and want to create your own LLC (Limited Liability Corporation) using one of the big online filing services -- LegalZoom, IncFile, TailorBrands, or Northwest? In this video I create an apples-to-apples comparison of their pricing and features for forming an LLC in California, so you can understand the best value and what you actually get for your money.
00:00 Intro
02:33 LegalZoom
06:27 IncFile
08:01 TailorBrands
13:30 Northwest
16:39 Summary Chart & my recommendations
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Legal Disclosure: Elizabeth is licensed to practice in the state of California and before the United States Patent and Trademark Office. Information contained in this video is not legal advice - please seek advice of counsel. This video and description may contain attorney advertising.
Disclosure: My videos may contain reviews, recommendations, testimonials, or endorsements of other businesses, individuals, events, materials (such as books), products, services, or websites. I may receive affiliate percentages on sales; if so, it will say “affiliate link” after the link. I will clearly disclose if I have received a free product, free service, discount, or any other compensation related to a review.
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Пікірлер: 454
Just put up the latest comparison: ZenBusiness vs Stripe Atlas vs Doola vs BetterLegal: kzread.info/dash/bejne/oaN43M2Tkqy1naw.html (so many of you requested ZenBusiness in particular!!)
Research is SO important! VERY important! Which is what I’ve been doing for a couple of days now😅 and then you feel comfortable to move forward once you come across something that makes SO much sense! And it it’s not “advertisement”…you did the research for us! Thank you! This video was VERY helpful!! 👍🏾👍🏾Excellent!!
@ElizabethPW
Жыл бұрын
Great to hear! 😁
@investorgeny
8 ай бұрын
Say no more. 🤝
I’m brand new to the LLC process and have seen so many “reviews” that end up pushing you to an affiliate link or just flat out feel like a sales pitch - I cannot express how helpful and clarifying this video was! Thanks so much for this honest, unbiased research!
@ElizabethPW
5 ай бұрын
Welcome!
You're amazing. I already went the LegalZoom route two days before watching this video and I am like "ah man I should have done more research." Already several videos in now and subscribed. Thank you for your insight!
Very helpful and well presented - I am certainly following you! Appreciate your professionalism and business sense! Thank you!
@ElizabethPW
Жыл бұрын
I appreciate that!
id just like to say that your awesome for all this great information, definitely gave me the information I needed. STAY UP!!!!!
@ElizabethPW
Жыл бұрын
Thank you!
Wow, what an amazing video. Well researched. Clear scenario and comparisons. Clear opinions.
@ElizabethPW
Жыл бұрын
Great to hear, thanks!
This was very informative and straight to the point well done Elizabeth 😊
@ElizabethPW
Жыл бұрын
Glad you think so!
IDK how many videos it took for me to find you but I'm so grateful for your breakdown. It was so much more straight forward and I could actually understand the breakdown! Thank you so much!
@ElizabethPW
Жыл бұрын
Great to hear, thanks!
Sitting at night wondering how to even start and then I stumbled on your video. Thank you Elizabeth, this is great!
@ElizabethPW
Жыл бұрын
Glad it was helpful!
Thank you for this. I am certain that you saved many people's time and frustration with such an in-depth real-world explanation.
@ElizabethPW
Жыл бұрын
Welcome!
Hey thank you so much for making this! I've been wanting to switch from operating as a Sole Proprietor to an LLC but the process is way to overwhelming for me. This helped a lot.
@ElizabethPW
Жыл бұрын
Glad it was helpful!
Thanks! This was really helpful. You are one of the only few ones I found that didn't have affiliate link which lets me know that you are genuine!
@ElizabethPW
Жыл бұрын
Great to hear! Yep one of the companies in this list approached me to be a "sponsor" but I didn't take them up on it, so I can do unbiased reviews
Wow! This was a really great video, definitely put my mind at ease of which site to form my LLC with. Thank you!
@ElizabethPW
5 ай бұрын
You're so welcome!
I just want to thank you so much for making this video! U honestly have help me so much
@ElizabethPW
11 ай бұрын
You are so welcome!
Bingo!!!! Exactly what I needed. I was inclining toward Incfile, now understand this better. Northwest seems to fit my needs better. Thank you for this information packed video as always.
@ElizabethPW
Жыл бұрын
Great to hear!
Thank you so much for this comparison video. This really helped me solidify my decision.
@ElizabethPW
Жыл бұрын
Great to hear!
You went an extra mile(or two) on this one. 👍👍 Double thumbs up
Thank you so much for doing this! Appreciated!
@ElizabethPW
Жыл бұрын
Welcome!
Hey, thank you for doing the research for what websites to use to file for an LLC! I was going to lean towards Tailor Brands, now I know what to use! Ill try Northwest
@ElizabethPW
Жыл бұрын
Best wishes with it!
Very good comparison! Thanks for doing this. Saved me time.
@ElizabethPW
10 ай бұрын
Great to hear!
This was very helpful. Now I want to close down my 1 year old business and start again with Northwest. Thank you!
@ElizabethPW
Жыл бұрын
Good luck with it!
Thank you for all the helpful tips!!! 🤩
@ElizabethPW
Жыл бұрын
You are so welcome!
Wow, thank you! I just came across your video and was looking at LegalZoom, but I was curious about other companies. I think Northwest makes the best sense. I am going to take a closer look at Northwest. Thank you so much!
@ElizabethPW
10 ай бұрын
Glad it was helpful!
I love you!! Thank you so much for this!! I'm subscribed! ❤️❤️
@ElizabethPW
Жыл бұрын
Welcome! ❤️
thank you so much, Elizabeth! Such a helpful video!
@ElizabethPW
Жыл бұрын
Glad it was helpful!
Many thanks, just what I needed to make a decision.
@ElizabethPW
Жыл бұрын
Great to hear!
Wow!!!😮😮😮 Thank you so much for this video ma’am.. I myself am looking into starting my LLC. I was leaning towards Incfile.. but after watching your video, I probably will go for the Northwest for that little extra I believe it is worth it 🙏🏽🙏🏽
@ElizabethPW
Жыл бұрын
Glad it was helpful!
Wow!! Thanks so much. This was very helpful!🤩🤩
@ElizabethPW
Жыл бұрын
Glad it was helpful!
Awesome video, thank you!
Thank you so much!! This information is very helpful.
@ElizabethPW
Жыл бұрын
Glad it was helpful!
This was great I stumbled on ur video.thank you Elizabeth.think I'm going with northwest for my start up buisness
@ElizabethPW
Жыл бұрын
Best of luck!
Elizabeth thank you for taking the time to show us how to create our own LLC with 4 different services. I'd rather create the LLC myself and save $.
@ElizabethPW
Жыл бұрын
Makes sense! I think many people can form their own LLC, now that the states have online filing systems.
Another great video! Thank you for your service.
@ElizabethPW
Жыл бұрын
Welcome!
Thank you so much! What Tailor Brands did was absolutely horrible! They overwrote your decision and hoped you wouldn't notice lol...I'm going to pick Northwest. Thanks for doing the research for us!!
@ElizabethPW
Жыл бұрын
You are so welcome!
Loved this video very informative.
@ElizabethPW
Жыл бұрын
Glad you found it informative!
Awesome video, exactly what I needed.
@ElizabethPW
Жыл бұрын
Great to hear!
Thank you for making this video
Thank you so much for sharing this information!
@ElizabethPW
11 ай бұрын
You are so welcome!
Just registered. Fully agree with the conclusion. Had a great experience with Northwest. Though it cost me $300.
@ElizabethPW
Жыл бұрын
Glad to hear you had a good experience with Northwest
Thank you queen . a real detailed video .
@ElizabethPW
Жыл бұрын
Great to hear!
Best content, so glad I found your videos
@ElizabethPW
4 ай бұрын
Glad to hear it
Thank you. More questions later. I’m very new but need to start my consulting company.
@ElizabethPW
Жыл бұрын
Welcome - sounds good!
appreciate you doing this!
@ElizabethPW
Жыл бұрын
welcome!
Very informative …Thank You for sharing
@ElizabethPW
Жыл бұрын
Welcome!
THANK YOU! This was super helpful
@ElizabethPW
Жыл бұрын
Glad it was helpful!
Well done! Thank you for the info
@ElizabethPW
Жыл бұрын
Welcome!
Thank you for this! Great video!
@ElizabethPW
Жыл бұрын
Welcome!
Thanks for a great video, really appreciate it.
@ElizabethPW
2 ай бұрын
Glad it was helpful!
I was leaning toward Northwest and this just confirms what I thought. It looks like Northwest also has a $9/month business phone that's VOIP. I use VOIP at work and it's usually more clear than my cellphone. Love the content!
@ElizabethPW
Жыл бұрын
Interesting, let us know how their voip system works for you if you go with it
@hamzanabil8822
6 ай бұрын
you are overpaying ,you can get a voip phone for like 25 dollar a year max.
@dawndrew8313
10 күн бұрын
Make sure you call them! My application went nowhere the website stuff was not easy...took me weeks and instead of a llc i was asked howni would like to proceed? Uh thought i ordered an llc? Then got charged twice for trial phone that initially said was free! They did call me but my phone acts up and i missed it..by then i just gave up!
Thank you for the video. Clear and detailed. Obtaining the EIN is so easy, free, and instant. These companies are making a killing just by filling out that 1 page form for people.
@ElizabethPW
Жыл бұрын
Agreed! It is rare that someone needs help with an EIN -- most people are better off doing that one themselves.
@danielleporter1829
Жыл бұрын
@@ElizabethPWCan't someone as easily file for an EIN with the IRS than going through one of these companies. Fun Fact: LegalZoo has been around since the late 90s,. I remember being high school and seeing Robert Shapiro ( that Robert Shapiro) doing ads for LegalZoom , I'm pretty sure he's one of the founders.
@FincherCreative
Жыл бұрын
Yeah I kept wondering if I was missing something. I can just uncheck the box and then go get the EIN myself, right? In many cases it's a 5 minute phonecall and you're done. I'm confused.
Awesome video👍👍
Thank you for sharing!
@ElizabethPW
Жыл бұрын
Welcome!
Thank you for the video extremely useful.
@ElizabethPW
10 ай бұрын
Glad it was useful!
Thank you for doing this 🙏
@ElizabethPW
Жыл бұрын
No problem 👍
Well explained. Thank you.
@ElizabethPW
Жыл бұрын
Welcome!
Thank you so much for this video it was helpful and also I think I might do northwest.
@ElizabethPW
Жыл бұрын
Glad it was helpful!
BIG thumbs up! Thank you
@ElizabethPW
Жыл бұрын
Welcome!
Thanks so much! ❤ You did a great job! I started using Legalzoom today & was so so confused by their pricing, whether I could be my own agent. I’m not usually intimidated by paperwork or doing things myself, but wanted to make sure I did things correctly! ❤
@ElizabethPW
Жыл бұрын
Great to hear that this helped!
Thank you this was very helpful..
@ElizabethPW
Жыл бұрын
You're welcome!
Great information. I wanted to tell you your mic is very clear, more clear than other people’s videos I’ve seen. Could you link what mic you have?
@ElizabethPW
Жыл бұрын
Thanks! I have two mic's - one is attached to my computer (www.amazon.com/gp/product/B08CVP2HXP/ ) and the other is attached to my camera (RODE VideoMic GO Lightweight On-Camera Microphone, got as part of a "content creator kit" for the Canon m50)
Very helpful. Thank you
@ElizabethPW
Жыл бұрын
You're welcome
I recently helped a client set up an LLC through Incfile. She also needed “a certificate of Good standing” In order to open her bank account. Which was a separate cost outside of Incfile, but Incfile allows you to file for it through the app. Incfile also did not allow us to set up a foreign registration in Puerto Rico, but North West Did. We got to experience both formation companies. Even though Incfile couldn’t do the foreign registry, they did include a bank account with their silver package 😉 they might not be able to deliver your documents as fast as North West, but Incfile offers the option to expedite for $50 and they offer more bang for your buck!
@ElizabethPW
Жыл бұрын
Thanks for letting us know about your experience!
@certifiedslay2469
Жыл бұрын
Just to clarify, the person who wanted to set up their LLC was puerto rican? So she set up a non US resident LLC with incfile?
@FincherCreative
Жыл бұрын
Thank you for this info! I was going to look into incfile + expedited because it put it nose and nose with northwest and is also pretty highly rated in my research.
Thank you Elizabeth
@ElizabethPW
Жыл бұрын
Welcome!
Great work !
@ElizabethPW
Жыл бұрын
Thanks a lot!
Hey!!! You rock!! Thank you! 😉
I found this one, thank you!!
Good comparison.
TY! This was great content. Prior to this video, I think that Incfile has Everyone beat!
@ElizabethPW
Жыл бұрын
Great to hear!
🤝 Thank you for sharing your detailed LLC formation comparison review. 👍👍 Great educational content! Keep up the outstanding job. 🤔I started doing opening an LLC online, and I stopped to do more research. After watching countless KZread video contests about forming an LLC from LLC Buddy, Life Accounting, etc., I've decided to use a professional service as I will definitely spend way more money doing it myself. 🙄 Articles of Organization is $200 for my state, Certificate of Publication costs $50, Biennial Report/Statement is $9, and plus the registered agent along with the virtual business address which varies. These are required! Hiring Northwest Registered Agent for $125 per year is not that painful. Offering legal services including this price would've been amazing. I started using iPostal1 basic plan, but I'll cancel it and choose Northwest. It'll be way less complicated.
Thank You !🎉
@ElizabethPW
Жыл бұрын
You’re welcome 😊
Video was definitely helpful
@ElizabethPW
19 күн бұрын
Great to hear!
Wow great video! I wish I found this 6 months ago before I went to Legal Zoom could've saved me a few hundred dollars. Plus I ordered a DBA for my sole proprietorship but the bank would not let me open an account with all the licenses and certificates that I had cause I needed my DBA Certificate which I did not receive from my county clerks office but was told by (not one) but 3 Legal Zoom employees that I didn't need the certificate and that I WOULD NOT be getting a Physical DBA Certificate. THEY WERE WRONG! All 3 of them. I called the County Clerks office and they said they sent me one but will send me another one in which I did receive. Long story short my Bank was right and Legal Zoom was wrong. Thank you for this video.
@ElizabethPW
9 ай бұрын
Welcome! sorry to hear about the trouble you had with them
Great video
@ElizabethPW
Жыл бұрын
Thanks!
Thank you so much you are the best!!!!
@ElizabethPW
2 ай бұрын
welcome!
Thank you for this
@ElizabethPW
Жыл бұрын
Welcome!
Thank you!
@ElizabethPW
Жыл бұрын
Welcome!
Thanks again!
@ElizabethPW
Жыл бұрын
Welcome!
Northwest seems to be the way to go! Thanks Elizabeth for sharing this info.
@ElizabethPW
Жыл бұрын
Welcome!
Thanks a bunch!
@ElizabethPW
Жыл бұрын
You're welcome!
thank you so much!
@ElizabethPW
Жыл бұрын
welcome!
Thank you 🙏🏻 😊
@ElizabethPW
11 ай бұрын
You’re welcome 😊
Do you know you make best videos on KZread. ❤
thx Liz
Thank you so much, you saved me like $600 to file a LLC and to get everything started with an agent and an EIN
@ElizabethPW
Жыл бұрын
Great to hear!
@gazstpatrick6574
Жыл бұрын
Who did u go with
Good Job
Thank you 😊
@ElizabethPW
4 ай бұрын
You're welcome 😊
Thanks you!!
@ElizabethPW
Жыл бұрын
Welcome!
Thanks again!!! Last question I promise, thank you for sharing your knowledge!!! Have ever used legaldepot for an operating agreements or if you know of any websites that could offer this guidance to properly fill out or create these forms properly. From what I have read so far this is the most important part of the process. The others services like applying for ein take about 2 minutes and when you have that you can proceed to get a bank account...I think. I really want to accomplish this task my self, the best way possible. I would think that Incfile and others just have basics forms that you have to end up getting the information to fill out and then they are more of the processors?
@ElizabethPW
Жыл бұрын
That's a great question - I do plan to do a video in the future about how to create your Operating Agreement, and also videos reviewing the various create-your-agreement sites. LegalDepot does seem to be legit - the main issue is the same as with any document service -- it is DIY so you're not getting legal advice about it.
@sandysavard8030
Жыл бұрын
@@ElizabethPW Thank you again for always taking the time to respond.It is greatly appreciated. I truly would get an attorney if was affordable, but in all reality its not for most people that are starting a business and don't have an established business already. After hours and many many videos here is what I have learned to form a sole proprietor LLc 1: Manager managed 2: No forced Distributions 3: Non-Pro Rata Distributions 4: No Charging language 5: Restrictions on transfers 6: Tax provisions inline with what LLC you want to run 7: No right to return of capital 8: Appointment of officers What I am really trying to find the definitions, for and these are worded in the in the operating agreement so that i can fill it out properly. Honestly Being a CA lawyer puts you in a place to make a lot of revenue just by creating forms that auto fill themselves. lawdepot kind of this but it really doesn't have senerion that people could understand in layman terms. The reason I am saying this is because you are one of the very few that actually answers ANY questions and truly helps people like you.. Just wanted you to know... Thanks Again
Thank You
@ElizabethPW
Жыл бұрын
Welcome!
Thank you I know this took a lot of time
@ElizabethPW
Жыл бұрын
Welcome!!
Thank you
@ElizabethPW
Жыл бұрын
Welcome!!
After watching your video, this has def made my life much easier. I was attempting to do this on my own, and my brain was just phew* - So def looking into these companies for some peace of mind! - I do have a question or in need of advice! I am relocating states in about 2 or so months, Do you have a recommendation on if i should file in my current state, or future? I haven't launched as yet-only gotten supplies and materials so far for the business.
@ElizabethPW
Жыл бұрын
Hm if you are moving in the next 2-3 months, and you're not ready to launch anyway, I'd set it up for the new state. Also then you can set it up to be effective in January, so you don't have any awkward tax paperwork for the two months of this year.
@PhoenixlyIntentioned
Жыл бұрын
@Elizabeth Potts Weinstein Thank you so much for your quick follow up! And that def makes sense!! Thank You!!🙏🏽❤️
Thank you for a very well spoken and thorough video! I have a question about "Annual Compliance". So I see that these services offer to take care of your Annual Compliance for your business for a fee which I understand is optional. Do you think this is something that is simple enough for us to take care of ourselves or is it necessary to just pay the annual fee and let the LLC service take care of it? Last Question: Are we able to use our Registered Agent address as our business's physical address or do we need to keep it separate and get a virtual business address as well? If a virtual address, should I purchase one right before I create my LLC and then apply it?
@ElizabethPW
Жыл бұрын
1 - it is simple but easy to forget. The main aspect of signing up for annual compliance is so you remember to do it (and know what to do). 2 - it depends on the registered agent -- each one has their own rules.
Thanks for the awesome video. I plan to run a Turo which is a car rental and leasing company and with your video I think I’m going with Northwest but my concern is I’m moving state in 4-5 months time and I want to file in my current state now. How will these work? Thanks
@ElizabethPW
Жыл бұрын
You can form the LLC in your current state and move it to the new state later. It is a bit of hassle and paperwork to move an LLC to a new state, but it is possible.
Thank you so much for this. I was looking into this and was looking into ZENBUSINESS but they don't provide a registered agent in their plan...its separate :-/ now I am looking into Northwest since I am a newbie at this process and makes me so nervous to get something wrong
@ElizabethPW
Жыл бұрын
Welcome! I almost included zenbusiness in this analysis too - but yes so important to see exactly what is included. Best of luck with it!
@dr.aasiyahghazi9168
Жыл бұрын
Actually they do now and it’s part of their $199 and $299 package
Thanks alot
@ElizabethPW
Жыл бұрын
Most welcome
Thanks liz
@ElizabethPW
Жыл бұрын
welcome
Which do you recommend for a professional business?
Great video! I’m waiting for my immigration paperwork to which I’ll get a social insurance number. Is it ok to register my LLC to save it and then apply for my EIN once in America in a few months?
@ElizabethPW
10 ай бұрын
You can do that, as long as you don't start using the LLC (you won't be able to get bank account etc)