Bussiness
Bizee LLC and business formation review 2024
When it comes to officially registering your business, you can choose the do-it-yourself approach or you can pay for a formation service to handle all the hard work for you. Bizee is one of the more well-known business formation services, and it offers three packages tailored to help budding entrepreneurs get their businesses up and running.
Read on to learn more about Bizee and see if it’s right for you.
Bizee
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Cost
$0 + state filing fee for Basic plan; $199 + state filing fee for Standard plan; $299 + state filing fee for Premium plan
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App available?
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Standout features
Bizee offers several valuable features, including one year free for a Registered Agent service. The platform also offers compliance alerts, business banking, business tax consulting and more.
Pros
- Offers one free year of Registered Agent service
- Offers lifetime compliance alerts included in all packages
- Premium package includes expedited filing
How does Bizee work?
Bizee is a business formation service that helps customers file paperwork to register legally as an LLC, S-Corporation, C-Corporation, or nonprofit.
To get started, go to Bizee’s website where you’ll select which entity you want to form — LLC, S-Corp, C-Corp or nonprofit — and the state where the business will be registered. The state you choose can affect pricing since each state has its own fee for registering businesses.
From there, you can view pricing for the three different packages and select the one that works best for you.
Then you’ll choose your business’s name. If you don’t already have one, you can use Bizee’s name generator to see some suggestions.
Next, you’ll select your preferred filing time. You can pay an additional fee of $50 to have everything wrapped up in one business day, or you can choose the standard three weeks for free. You’ll then be instructed to fill out your contact information and some basic information about your business.
Bizee pricing and features
Bizee currently offers three pricing tiers: Basic, Standard and Premium. Here’s a breakdown of what each of those tiers offers.
Bizee Pricing and Features
Plan | Cost | Features |
Basic | $0 + state fee | – Preparing and filing the Articles of Organization – Registered Agent service free for one year – Online dashboard access – Business banking account offer – Business tax consultation |
Standard | $199 + state fee | Everything in Basic plus: – EIN business tax number – Operating agreement – Lifetime compliance alerts – Unlimited phone and email support – IRS form 2553 |
Premium | $299 + state fee | Everything in Standard plus: – Expedited 1-day filing – Business contract templates – Domain name and business email |
One way to avoid paying for features you won’t really need is to choose the free Basic plan and then pick the optional add-ons that suit your business. For instance, expedited filing is included in the Premium tier but it’s an additional $50 with the Basic or Standard tiers. An operating agreement will cost an additional $99 with the Basic tier and access to business contract templates will run you an extra $150 if you want to include them as an add-on. The clearer the picture you have of your business needs, the more precise you can be with your spending.
Bizee pros and cons
Before signing up for Bizee, consider these pros and cons.
Pros
- Offers a free Basic plan (you just pay the state fee)
- Offers expedited one-day filing (with the Premium plan; otherwise you can pay $50 for expedited filing)
- Offers Registered Agent service free for one year
- Offers compliance notifications across all tiers
Cons
- Unlimited phone and email support only available with the Premium plan
- Basic plan doesn’t include Business EIN
Bizee alternatives
While Bizee offers quite a bit in terms of features, here are some of what other business formation services include in their packages.
Bizee vs. Northwest Registered Agent
Northwest Registered Agent
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Cost
$39 + state filing fee for LLC formation, corporation and nonprofit
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App available?
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Standout features
Northwest Registered Agent offers mainly business formation services and services for registered agents, trademarking, mail forwarding, EINs, business websites and business emails
Pros
- Simple pricing plan
- Allows for multiple registered agents with a discount of $100/year per additional registered agent state
- Offers website building and business email services
- Offers one free year of Registered Agent service
Cons
- Doesn’t offer an app
- Registered Agent service is an additional $125/year after the first year
Bizee offers several features across all three packages — even the most Basic pricing plan comes equipped with access to an online dashboard, business banking account access, a business tax consultation and more. Northwest Registered Agent, by contrast, is more of a bare-bones service. It offers business registration filing, domain, website and business email offerings, EIN service and compliance and Registered Agent services.
Northwest also offers a simpler pricing structure — registering your business costs $39, plus applicable state fees. However, Northwest doesn’t offer business tax services or business banking services. So while Northwest can be more affordable than Bizee, there are some types of services you won’t be able to access through Northwest.
Both companies offer Registered Agent service for free for one year, after which you pay $119 a year for Bizee and $125 a year for Northwest.
Bizee vs. FileNow
FileNow
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Cost
$49 + state filing fees for Starter plan; $199 + state filing fees for Premium plan
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App available?
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Standout features
FileNow offers 24-hour processing, which is one of the most expedient timelines in the industry.
Pros
- Fast order processing
- Offers free registered agent for one year
- Offers business contract templates
- Offers unlimited phone and email support
- Boasts a quick 15-minute application process
Cons
- FileNow’s overall offerings are not as robust as that of its competitors
- Charges a base price plus state filing fee; some competitors only charge a state filing fee
Unlike Bizee, FileNow only offers two pricing plans: Starter and Premium. FileNow’s Starter plan costs $49 plus the state fee and the Premium plan costs $199 plus the state fee. Both Bizee’s Basic plan and FileNow’s Starter plan will file your articles of organization, but FileNow will also include unlimited phone and email support.
Another important difference is that while both FileNow and Bizee offer the first year of its Registered Agent service for free, FileNow locks this behind its more expensive Premium plan (with Bizee, you get this free year with any plan so long as you register your business through the company).
Finally, FileNow doesn’t have an option to register your business as a non-profit. Its only filing options are for LLCs, S-Corps and C-Corps. This makes Bizee the obvious choice between the two if you are starting a nonprofit.
So although FileNow offers fewer packages to choose from, unlimited live customer support is included regardless of the package you choose. Depending on what you value the most in a business formation service, this can make any of FileNow’s trade-offs well worth it.
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FAQs
Why is an LLC a good idea?
An LLC is a legal structure that ensures that business owners separate their personal assets and debts from the assets and debts of their business. So if your business were to be sued or went bankrupt, this wouldn’t impact your personal assets.
How much does it cost to get an LLC?
The cost of an LLC can depend on your state’s filing fee, which can range anywhere from $50 to a few hundred dollars. You can choose to file the paperwork yourself or use a business formation service, which might charge you a service fee on top of your state’s filing fee.
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