After starting my own business, I’ll explain the pros and cons of Tailor Brands LLC’s service, who it’s best for, and whether it’s even legit.
Is Tailor Brands LLC worth your money?
Unless you’re a lawyer or you’ve started an LLC before, you like won’t know what to do, plus it will be terrifying. So if you want to save yourself lots of stress, the costs of hiring consultants, and potentially doing something wrong, Tailor Brands is an excellent way to start an LLC.
Is Tailor Brands LLC legit & safe?
Yes, using Tailor Brands to start an LLC is completely safe. Their agents will know exactly what to do because they have already registered over 30 million businesses. In addition, all your payments through Tailor Brands are secure and encrypted.
How much does Tailor Brands LLC cost?
Tailor Brands LLC offers three pricing plans for forming your LLC, each with varying processing times and features. The Lite plan, at a $49 one-time payment, includes standard processing in up to 14 business days and LLC formation. The Essential plan, at $199 billed annually, offers expedited processing in up to 2 business days, LLC formation, annual compliance, and an operating agreement. The Elite plan, at $249 billed annually, includes expedited processing, LLC formation, annual compliance, an operating agreement, business-building tools such as a website builder, 1-year free domain, 8 free logos, and more.
Additional services like a registered agent ($199/yr), Employer ID Number ($99), and business banking (free) are available at separate costs.
With each plan, you also have to pay the state fee, which differs between the states. Here’s the table:
LLC State Filing and Annual Fees
| State: | Filing Fee: | Annual Fee: |
|---|---|---|
| Alabama | 200$ | 100$ |
| Alaska | 250$ | 100$ |
| Arizona | 150$ | None |
| Arkansas | 50$ | 150$ |
| California | 100$ | 800$ |
| Colorado | 50$ | 10$ |
| Connecticut | 120$ | 80$ |
| Delaware | 90$ | 300$ |
| District of Columbia | 99$ | 300$ |
| Florida | 125$ | 138.75$ |
| Georgia | 100$ | 50$ |
| Hawaii | 50$ | 15$ |
| Idaho | 100$ | None |
| Illinois | 150$ | 75$ |
| Indiana | 90$ | 30$ |
| Iowa | 50$ | 60$ |
| Kansas | 165$ | 50$ |
| Kentucky | 40$ | 15$ |
| Louisiana | 75$ | 30$ |
| Maine | 175$ | 85$ |
| Maryland | 100$ | 300$ |
| Massachusetts | 500$ | 500$ |
| Michigan | 50$ | 25$ |
| Minnesota | 135$ | 35$ |
| Mississippi | 50$ | 25$ |
| Missouri | 105$ | None |
| Montana | 70$ | 20-35$ |
| Nebraska | 100$ | 10-30$ |
| Nevada | 75$ | 150-400$ |
| New Hampshire | 100$ | 100$ |
| New Jersey | 125$ | 50$ |
| New Mexico | 50$ | None |
| New York | 200$ | 25-4,500$ |
| North Carolina | 125$ | 200$ |
| North Dakota | 135$ | 50$ |
| Ohio | 99$ | None |
| Oklahoma | 100$ | 25$ |
| Oregon | 100$ | 100$ |
| Pennsylvania | 125$ | None |
| Rhode Island | 150$ | 50$ |
| South Carolina | 110$ | None |
| South Dakota | 150$ | 50$ |
| Tennessee | 300-3,000$ + 50$ a Member | 300-3,000$ + 50$ a Member |
| Texas | 300$ | None |
| Utah | 70$ | 20$ |
| Vermont | 125$ | 35$ |
| Virginia | 100$ | 50$ |
| Washington | 200$ | 60$ |
| West Virginia | 100$ | 25$ |
| Wisconsin | 130$ | 25$ |
| Wyoming | 100$ | 60$ |
What I like about Tailor Brands LLC
1. They do everything for you
When I was starting a business, I was terrified. I had no idea what to do or what I had to do after starting it. Tailor Brands takes away the heavy lifting by doing all the difficult things for you. Regarding LLC formation, they will file all your articles, be your registered agent, write an operating agreement, get an EIN, and comply with all state laws.
Optionally, they or their partners can also take care of your tax filing, business insurance, bank account, and other business-running tasks. In addition, they can also help with your branding—they can create your logo, branded designs, and website.
What’s absolutely insane to me is that you can get all that for just $249 (+ your state fee). And if you don’t need all the extras, you can get your LLC for just $49.
2. It’s secure
When you’re starting a business for the first time, it’s easy to forget to do something. Or you might run into an issue that requires an expensive lawyer consultation (just one hour of consultation can cost you the same as the entire Tailor Brands LLC) service.
More importantly, all payments are encrypted so your payment information stays safe. Tailor Brands also won’t sell your information to anyone.
3. Easy set up (wizard that guides you)
Even though the process of starting an LLC is a twisted one, registering one with Tailor Brands is straightforward. Throughout the entire process, you will be guided by a step-by-step wizard, telling you what to do and explaining what certain terms mean.
On top of that, customer support is available at (888)355-5955 if you need anything.
What I don’t like about Tailor Brands LLC
I sat thinking for a long time before I could think of anything that I didn’t like about Tailor Brands LLC’s service. Here are two minor cons:
1. No coupons
You can get a 20% coupon discount on Tailor Brands logo maker, but there are no coupon codes for the LLC service. However, the Essential and Elite plans are much cheaper than getting all of those features separately, so you get a bundle discount.
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