Last Updated 21 August 2017 | By:

BizFilings LLC REVIEW

Are They A Reliable Service?

Bizfilings LLC ReviewAre you ready to start an LLC but not sure quite where to begin? That’s okay, many business owners don’t know much about the legal processes it takes to turn your great idea into a compliant business.

Especially with how many official state websites have poor user interfaces or needlessly confusing info, it’s a good thing there are online incorporation services to help you out.

My team and I have spent hundreds of hours researching the details of every major online LLC formation service, in an effort to make these reviews as objective as possible. My intent is to help you figure out which service is right for you.

In this BizFilings LLC review, I’ll walk you through the important pros and cons, pricing and features, customer feedback and much more.

BizFilings Pros & Cons

Pros

  1. Any LLC formation package includes 6 months of registered agent at no extra charge. Most companies need a registered agent anyway, so this is a good feature.

  2. Their website is protected by Norton Web Security, which constantly scans for malware and also encrypts all data. Your private info will stay private.

  3. With over 20 years of experience and an A+ rating with the BBB, BizFilings is a legitimate and well-respected provider of online formation services.

  4. Their BizComply online tool is a handy dashboard that allows you to keep track of any important filing dates and compliance deadlines. No surprises!

  5. Business Owner’s Toolkit includes lots of useful information on LLC formation, ongoing compliance issues, tax management and more. All of these resources are available for free, whether you’re a BizFilings customer or not.

Cons

  1. Their prices aren’t the lowest, and right now I feel that they don’t quite have the extra features to justify some of their price points. To see what I mean, read the Compare Section of this review.

  2. The way they describe their services causes a portion of their customers to think they’re ordering something they’re not. For example, their “expedited processing service” doesn’t actually expedite your order with the state, and also doesn’t cover any applicable government expediting fees.

BizFilings Pricing & Features

With BizFilings, you have your choice of three LLC formation packages: Basic, Standard and Complete. Check out the essentials in the screenshot below.

BizFilings New Pricing Table

All 3 include the simple stuff, like name check and document filing. The interesting part here is all their packages come with full BizComply access. This service, which costs $75 as an add-on, provides an online dashboard where you can manage your company’s compliance deadlines and filing dates. In addition, BizComply includes a full-featured document library, meaning it really is a complete compliance solution.

BizFilings BizComply Pricing

Now, let’s get into the differences between these three levels of service and focus on the most important features. Keep in mind these numbers are based on Alabama, which currently has a $150 state filing fee and a $28 name reservation fee (subject to change).

 

Basic = $99 + State Fee

What It Includes: This package includes the formation basics, along with 6 months registered agent service and BizComply online compliance dashboard tool. BizComply also includes a document library with operating agreements, LLC forms, bylaws and more.

Who It’s Right For: If you’re looking for an LLC incorporation package with a solid feature-set at a reasonable price, you should be happy with the Basic package.

 

Standard = $239 + State Fee

What It Includes: This package includes everything in the Basic package, adding an LLC kit and seal. The BizFilings website says the Standard level also includes, “Sample operating agreements and other customizable LLC forms,” but that doesn’t add value seeing as these forms are already available in BizComply, which is included in all 3 packages.

Also, Standard includes “expedited processing service,” which unfortunately doesn’t actually expedite your order with the state. Instead, this service, which is purported to be a $60 value, only promises that BizFilings will “prioritize your order above non-expedited orders.” In other words, any applicable state expediting fees will still be added onto your total (up to $100 extra), and you essentially paid BizFilings $60 for them to say “We promise we’ll hurry.”

Who It’s Right For: If you’re willing to pay $140 for an LLC kit and seal, it’s fine. Otherwise, considering the rest of the added features hardly represent any added value, I don’t feel the Standard package is ideal for many entrepreneurs or startups.

 

Complete = $349 + State Fee

What It Includes: This package includes everything from the Standard level, along with EIN, a DVD entitled “Now That You’re Formed,” a certified copy of state-filed forms and overnight shipping. 

Who It’s Right For: The added features here do seem to represent a fair value for the $110 it costs to step up from Standard. However, considering the Complete package is built on the shaky foundation of the Standard package, it’s hard for me to recommend it.

 

Recommended Package

My pick is the Basic package. I don’t believe the jump to Standard is worth $140, seeing as the LLC kit & seal seems to be the sole added feature. While the jump from Standard to Complete seems fair, it’s also probably not worth the money you’re paying over the Basic level. In this case, be sure to sort out what you need and make a decision based on that.

BizFilings Customer Reviews

Customer ReviewsDespite being in business for 20+ years, there are few BizFilings online reviews on any site, and most of those are quite old. We try to be as comprehensive as possible with our reviews sections, but we found just 3 reviews written in the last 5 years.

Customer Reviews Section Last Updated: 7-17-17

Conclusion: It’s difficult to do much analysis when there are so few reviews, but at least there isn’t a ton of criticism about BizFilings out there.

How Does BizFilings Compare?

BizFilings LLC ComparisonIn the time I’ve spent examining these services, I’ve discovered some providers objectively offer better value than others. Who offers the best combination of pricing and features?

BizFilings is a popular option for LLC formation due to their BizComply tool, and the 6 months of registered agent included with all packages. It’s a good idea to see how they compare to the competition though, so let’s take a look at how they stack up against my personal favorite, IncFile.

Pricing: IncFile offers their base package for $49, a savings of $50 over BizFilings Basic.

Features: IncFile includes a year of Registered Agent Service with every LLC formation package, as opposed to the 6 months offered by BizFilings. IncFile also provides a 1-Hour Business Tax Consultation. However, while BizFilings provides an Operating Agreement with the BizComply feature at no extra charge, IncFile adds $40 for an Operating Agreement in their base-level package.

Turnaround Time: As with most providers, these vary by state. In general, the completion times for orders from BizFilings and IncFile are quite similar. IncFile’s filings take from 1 day to 8 weeks, whereas BizFilings takes 1 day to 6 weeks.

Customer Support: BizFilings agents are available from 9am to 8pm ET, M-F, whereas IncFile has phone support from 10am to 7pm ET. In our experiences with reps from both companies, it’s not difficult to get anyone on the phone and they’re helpful and friendly once you do. BizFilings has a slight edge here simply because they have longer hours, but it’s not a big deal.

Businesses Formed So Far: IncFile lays claim to 100,000+ businesses formed since 2004. I couldn’t find an exact number for BizFilings, but I reach out to find that they have formed over 300,000 businesses in the over the past 20 years.

HERE’S A QUICK Breakdown

IncFile
  • Pricing Starts at
    $49

  • 100,000+ Businesses formed so far

  • Perfect for:
    Anyone starting a business on a budget and need quick formation

Visit Website
BizFilings
  • Pricing Starts at
    $99

  • 300,000+ Businesses formed so far

  • Perfect for:
    Anyone looking for tried and tested incorporation service with good value

Visit Website

Frequently Asked Questions

Can I Just Form a Business Myself?

Sure, all of the services provided by BizFilings are things you could theoretically do yourself. Just know that the DIY route involves a bunch of legalese and red tape, and can be quite a hassle while starting a business. Providers like BizFilings ease those concerns, while giving you the peace of mind that everything’s done correctly. If you’re interested in forming an LLC on your own, make sure to check out our extensive how-to guide.

What’s Their Refund Policy?

BizFilings warranties their services against any filing defects they cause, and this warranty lasts for the life of your business.

Do I have to sign anything?

Yes, all legal documents need to be signed, but BizFilings will make it quick and easy for you.

Are There Any Hidden Fees?

There aren’t what we would call hidden fees, but sometimes it seems like a feature will include more than it does before you read the fine print. We doubt it’s intentional, but it isn’t a positive attribute.

Should You Use BizFilings?

BizFilings gets a 4.6/5 in my book. Their BizComply tool is a super-convenient way to track all of your compliance requirements. However, if they don’t seem right for you, or you’d simply like to review our list of the Top 7 LLC formation services, click the green button below. Cheers!

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