Fact Checked by Editorial Staff
TailorBrands is a young and efficient company that offers business formation and business branding at a very reasonable price. It is one of those companies that started ‘LLC formation at $0’ before the biggies joined the group and started the same.
In my TailorBrands Review, I tried my best to point out the good and bad of the company for you. Before you make any decision about whether to choose TailorBrands or not, read this article. LLCBuddy editors shared a detailed video about the TailorBrands review. If you’re not a reading type person, watch this video before making any payment.
TailorBrands Review: A Quick Summary
The Good👍
- 100% accuracy for LLC formation
- Low-cost LLC services
- Exceptional customer support
- Personalized service
- Positive customer reviews (Trustpilot)
- Hassle and stress-free LLC formation
The Bad👎
- No business domain (separate package)
- Not BBB Accredited
- Service Quality: 4.5/5
- Turnaround Time: 4/5
- Pricing: 4.5/5
- Customer Feedback: 4/5
- User Friendly: 4/5
Overall Rating: 4.2/5
TailorBrands: About The Company
TailorBrands was founded in 2015 in New York City by a group of business owners looking to democratize branding and create an affordable space for small business owners to grow. Through this idea, TailorBrands was created.
The idea of automating the branding and marketing process for small businesses was a hit among investors and business owners. Since 2015, the company has raised over $70 million in funds. These investors include GoDaddy, OurCrowd, Mangrove Capital Partners, and Armat Group, among others.
Today, TailorBrands is continuing to expand, offering a wide range of automated services, including LLC formation, logo creation, social media and merchandise design, and more. Over 30 million people have used TailorBrands to start a business worldwide. As their services continue to expand, small businesses will be able to find everything they need to start and grow their business with TailorBrands.
Note: The credit for TailorBrands being in the top position can be attributed to its best budget service. Also, the company offers a flat price for a basic LLC formation service.
Services Offered by TailorBrands
TailorBrands does not offer prolonged packages. The company offers one single package at $49/- for some of the main basic LLC formation services. Along with these services, the company offers add-ons. The price range is diverse. As you add services over the basic package, you may have to pay the additional cost of that service over your final bill.
- LLC Filing
- Name Availability Search
- Priority Support
- Registered Agent – $199/year
- Employer ID Number (EIN) – $99
- Annual Compliance – $199/year
- Operating Agreement – $29
- Expedited filing – $49
- Annual Report Filing
- Business License Report
Other Services Offered by TailorBrands
- Trademark
- Legal Document
- Logo design
- Domain
- Website
- Business Email
- BOI Report
- Tax and Accounting
- Business Card
- Digital Business Card
- Graphic Design
- Print Store
TailorBrands Business Academy
TailorBrands offers a unique service that hardly any other business formation company does. This service, along with LLC formation and business branding, offers Business Academy. Here, you will find a number of video tutorials and online materials to learn about the business world if you’re a newbie.
At Tailorbrands, the team makes sure you get enough knowledge about starting your first company before you put forward the first milestone. They have three categories of tutorials. One is business formation; the second is planning for success; and finally, growing your business – these are the three categories of tutorials TailorBrands offers for free. You can directly watch them by visiting their website.
TailorBrands Service Plans: At a Glance
| Services | Basic Plan | Add-on |
|---|---|---|
| LLC Formation | ✔️ | – |
| Name Availablity Search | ✔️ | – |
| Registered Agent | ❌ | $199/year |
| Employer Identity Number | ❌ | $99 (one time) |
| Annual Compliance | ❌ | $199/year |
| Operating Agreement | ❌ | $29 (one time) |
| Expedited Filing | ❌ | $49 (one time) |
Verdict: Should You Choose TailorBrands or Not?
Let us see the bigger picture here before we conclude anything. Though TailorBrands offers LLC formation at $0, there are basic services that do not come with their free basic package. TailorBrands does not have many packages, but they provide many services at add-on prices. On the other side, TailorBrands offers branding services that any company would need.
Compared to other services, TailorBrands is one of the very companies that provide logo making, website designing, work email, graphic designing, printing, business cards, and other merchandise for a business. It is wise to go with TailorBrands as it has a variety of business and branding services. Though it offers free LLC formation, other services like registered agents, operating agreements, and some others are expensive compared to other competitors.
TailorBrands has everything and anything you need to establish an LLC under one roof. So, that’s a big plus. TailorBrands will take care of much of the “additional” paperwork around your LLC, including LLC filing, name availability search, priority support, acting as your registered agent, getting your business’s EIN, annual compliance, operating agreement, and more. However, a reputed company like Zenbusiness offers everything at $0.
From an automated brand design (think websites, social media design, and printed swag) to securing your business identity (getting your domain name, setting up your business email address, and publishing a digital business card all through the platform), TailorBrands lends a hand throughout. Anyone would choose TailorBrands over other services only if they were looking for such branding services.
When Should You Choose TailorBrands?
TailorBrands is the type of company you can go with whether you have a small or medium-sized business, are a startup, or have a limited budget to work with. Because TailorBrands focuses on small businesses, their LLC prices are extremely affordable while offering high-quality services to help legalize your business.
When Should You Not Choose TailorBrands?
If you don’t have a domain and are looking to purchase a domain with an LLC, TailorBrands currently does not offer that service. TailorBrands is ideal for small businesses that either already have a domain or know how to purchase a domain separately. Additionally, if you’re any kind of legal expert, you likely won’t need TailorBrands to take care of these services for you.
TailorBrands Alternatives
TailorBrands is indeed an efficient yet budget-friendly service for its users. However, if you’re forming an LLC, there’s a lot more than just filing formation documents. TailorBrands indeed helps you with branding that many other competitors don’t. But there are a lot of things that other companies can do at the same price as TailorBrands.
Our recommendation for TailorBrands’ alternative is ZenBusiness. ZenBusiness offers LLC formation at $0, along with other essential services that are not available with TailorBrands. It is suitable not only for supporting small companies but also for biggies like corporations and general partnerships. However, the last call should be yours. We have made things a little easier for you by selecting the best LLC service for you. You can always compare and decide which one to choose for your business.
F.A.Qs
Yes, TailorBrands is a legitimate and trustworthy business founded in 2015. It’s rated 4 stars on Trustpilot. It is not BBB Accredited.
It is not mandatory to have a registered agent for your LLC. However, it is highly advisable to have one for proper & timely filing of various documents & taxes so that you don’t have to bear late fees or penalties.
To cancel your current plan with TailorBrands, you need to log in to your account. Go to the Plan Page, and under your plan, press the ‘Deactivate’ button. You can delete your account from that page as well.
TailorBrands do not have a refund policy. Once they offer a service, it is done and dusted. The possession of their products and services goes to the user. Hence, there is no refund of money paid to the company.
Through TailorBrands, forming an LLC starts from $0, and you’ll have to pay your state fee. For additional services, they cost extra.
In Conclusion
TailorBrands is among a few companies that initially started offering LLC formation at $0, excluding the state filing fee. It started with logo design, website development, and other brand creation services. Later on, the company expanded to create an LLC. TailorBrands also shares a bunch of articles on how to use their services.
TailorBrands offers business formation and other services to create your brand successfully. However, it does not offer many of the services that are required while setting up a business. Compared to TailorBrand’s services with other close competitors like ZenBusiness, it is better to pick ZenBusiness. It not only offers LLC formation at $0 but also offers other essential services you need while setting up your LLC or any type of business.
Overall, I think TailorBrands offers the best services for an affordable price to business owners looking to form an LLC. Since many business owners don’t know the steps needed to form an LLC, TailorBrands makes sure everything is checked off the list. Plus, during the LLC process, they’re fully transparent and make sure you know what’s going on every step of the way.