If you’re an entrepreneur looking to start your own business, you may have heard about LLC formation services.
These services can help you establish your company as a limited liability corporation, providing various legal and financial benefits. But what if you could take it a step further and build a brand alongside your business formation?
That’s where Tailor Brands comes in.
Below, we’ll take a closer look at Tailor Brands’ LLC formation services and how they can help you build a successful brand.
Contents
Comparison Chart
| LLC Formation Plans | Lite | Essential | Elite |
| Register Here | Register Here | Register Here | |
| Price | $49 + state filing fees | $199 + state filing fees | $249 + state filing fees |
| LLC Formation | Yes | Yes | Yes |
| Registered Agent | No | No | No |
| EIN | No | No | No |
| Annual Compliance | No | Yes | Yes |
| Operating Agreement | No | Yes | Yes |
| 1-Year Free Domain | No | No | Yes |
| Branding Services | No | No | Yes |
| Processing | 14 days | Up to 2 days | Up to 2 days |
Company Overview
Tailor Brands is a dynamic platform that provides all-in-one services to help aspiring entrepreneurs turn their ideas into successful businesses. It was founded in 2014 by Yali Saar, Tom Lahat, and Nadav Shatz and has since become a popular resource for individuals seeking a hassle-free business creation experience.
What distinguishes Tailor Brands from other similar platforms is its user-friendly and accessible approach to business creation. With over 30 million users worldwide, Tailor Brands has helped countless individuals achieve their business goals with ease.
Tailor Brands’ services are tailored to meet the needs of small businesses, offering a range of tools including a logo maker and design suite, website builder, LLC formation, and back-office solutions. These resources enable entrepreneurs to launch and manage their businesses effectively and confidently.
Moreover, Tailor Brands places a strong emphasis on brand design and strategy, enabling entrepreneurs to establish and develop their brand identities. From providing design solutions to developing brand strategies, Tailor Brands helps entrepreneurs build a unique and recognizable brand that resonates with their audience.
LLC Formation Plans and Pricing
Unlike other companies, Tailor Brands does not provide a single page that highlights its LLC formation fees. Instead, customers must complete the entire process and proceed to the checkout stage to obtain the final pricing. To help you out, we’ve summarized the LLC formation prices from Tailor Brands below.
Tailor Brands offers three distinct packages for LLC formation: Lite, Essential, and Elite.
| Lite | Essential | Elite |
| $49 + state filing fees | $199 + state filing fees | $249 + state filing fees |
Lite Plan: Tailor Brand’s basic package is barebones and only covers name verification and the LLC formation application, which will be processed within 14 business days.
Essential Plan: For those seeking more comprehensive LLC formation services, the Essential Plan includes everything from the Lite Plan, plus annual compliance and an operating agreement. It also offers expedited processing of up to 2 days.
Elite Plan: The Elite Plan is the premium option and the most popular package, offering a full suite of LLC formation and branding services. It includes all the features of the Essential Plan, as well as premium branding services such as a free web domain for a year, a website builder, eight business logos, a digital business card, a social media post maker, and a business card tool.
Keep in mind that LLC formation costs typically include mandatory expenses such as LLC filing fees, state filing fees, and business licenses and permits. Meanwhile, state filing fees vary from state to state, costing anywhere from $40 to $500+.
It’s also worth noting that Tailor Brands’ LLC formation plans do not include a registered agent. In contrast, providers like ZenBusiness and Northwest Registered Agent offer the service, which is a requirement for an LLC, free for the first year. With Tailor Brands, you’ll have to appoint the company as your registered agent for an additional $199.
Other Services
Tailor Brands became popular due to its automated branding and marketing services. While it also offers LLC formation, many of its users vouch for the company’s AI-guided logo maker. It takes only a few minutes to get started.
You simply provide your business name and a brief description of what you offer, and choose from Tailor Brands’ suggested shapes, icons, and font styles. The logo maker automatically generates not just a logo but social posts, digital business cars, and merchandise from your information and selections.
It’s arguably one of the fastest ways to develop a brand theme and one that would especially appeal to entrepreneurs and small businesses who may not have the skills or resources to create marketing materials.
Outside of these branding services, Tailor Brands also offers add-ons for LLC formation. These include trademark registration, EIN creation, and a business mailbox. Other services focus on back-office and compliance solutions like tax and bookkeeping, business licenses and permits, as well as business insurance.
Ease of Use
While Tailor Brands’ logo maker is intuitive to use, signing up for LLC formation takes a while. The most obvious concern is the lack of upfront pricing. Other LLC formation providers allow business owners to select a plan first, which already shows the fees, before registering an account.
In the case of Tailor Brands, you’ll need to go through the entire sign-up process, proceed to checkout, and register an account before you can see the LLC formation plans. Fortunately, the sign-up process itself is simple. Instead of an order form, you are guided through a series of questions about your business.
Keep in mind, however, that most steps offer an upsell, which is the selected option by default. You’ll have to make sure whether you want a specific add-on first, otherwise, you may find yourself paying additional fees.
Customer support is above average. Tailor Brands offers a comprehensive knowledge base to help its users out on general topics. For specific or account-related concerns, you can submit a ticket or email the company.
Verdict
Tailor Brands may not be the most affordable option for LLC formation, as its fees are on par with those of LegalZoom. Additionally, some essential services, such as EINs, operating agreements, and registered agents, are offered as upsells, increasing the total cost. Furthermore, Tailor Brands’ Lite Plan is minimal in features.
Despite these drawbacks, we recommend Tailor Brands for entrepreneurs who want to build a strong brand foundation. The company’s AI-guided logo maker is its standout feature. It not only creates a distinctive logo for your business but also generates social media covers, digital business cards, and branded merchandise. This branding suite can be invaluable for small business owners who lack design skills or resources.