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MYCOMPANYWORKS: KEY CONSIDERATIONS
MyCompanyWorks is a smaller player in the LLC formation space but has a stellar reputation. The company has served more than 60,000 businesses since 2001 and maintains an A+ Better Business Bureau rating. MyCompanyWorks used to operate as MyNewCompany.
In this section, we’ll explore whether MyCompanyWorks is a good deal, if there’s a better deal out there, and the experiences of other customers using the service.
Is It a Good Deal?
While not the cheapest option for LLC formation documents, MyCompanyWorks is competitively priced and has a strong reputation for customer service. The packages aren’t a steal, but they’re certainly a good deal.
Here’s a quick look at MyCompanyWorks’ main advantages:
- Excellent customer reviews on multiple platforms and an A+ BBB rating
- Customer service normally responds to calls and emails within 20 minutes during business hours
- All packages come with a 100 percent satisfaction guarantee
- Packages are competitively priced even though no the cheapest options
- An interactive Startup Wizard provides a step-by-step guide to the LLC formation process
- Orders placed by 3:00 p.m. are processed that day regardless of package tier
Who Uses MyCompanyWorks?
MyCompanyWorks appeals to business owners who want value and reassurance. Prices are fair and competitive, while the satisfaction guarantee and customer service responsiveness make the company stand out.
Here are some customer review examples:
“Fantastic way to successfully and efficiently set up your business. MyCompanyWorks want your business to succeed. All the setup advice and checklists were incredibly helpful. MyCompanyWorks was very effective and had a fair competitive price.”
“Matt and his team are very knowledgeable, responsive, and always provide top notch customer service. I have used their service many times and will continue to do so. This company ROCKS!!”
“All activity, details, and objectives were handled quickly and accurately. Well worth their fee.”
Is There a Better Deal to Start My LLC?
You won’t go wrong with MyCompanyWorks, but they aren’t the only company offering LLC formation services that has a great reputation. ZenBusiness and Incfile, in particular, also have excellent reputations and have lower prices.
MyCompanyWorks is an excellent choice if you’re looking for value and want the reassurance that forming your business will be an easy process.
MYCOMPANYWORKS: RATINGS HIGHLIGHTS
This section takes an in-depth look at MyCompanyWorks’ LLC formation service, in terms of overall value, customer service, ease of use, and included features.
Value - 4/5
MyCompanyWorks doesn’t have the cheapest LLC formation packages, but price points are competitive. Even more importantly, business owners who use this service really value the customer service and satisfaction guarantee. Support emails and calls are unlimited for customers.
In many ways, MyCompanyWorks meets the classic definition of value. They offer a high-quality service at a fair price point.
Customer Service - 5/5
Customer service is one of the pillars of MyCompanyWorks. Representatives are easily reachable by phone or email, and they typically get back to you within 20 minutes during business hours.
Additionally, the 100% satisfaction guarantee ensures you’re happy with the service provided. Should you be dissatisfied for some reason, all your paid fees will be refunded.
Ease of Use - 5/5
Setting up an LLC through the MyCompanyWorks website is incredibly easy thanks to a step-by-step wizard that guides you through the process. Once set up, customers have access to an intuitive dashboard.
Included Features - 3/5
The features included in MyCompanyWorks’ LLC formation packages are comparable to competitors except for one major omission. Registered agent services are only included with the highest-priced package, whereas many competitors offer such a service at lower tiers.
Similar to most other LLC formation services, MyCompanyWorks offers multiple tiers of service: Basic, Entrepreneur, and Complete.
Aside from registered agent services, which is a major consideration for most business owners, MyCompanyWorks’ package features are similar to other companies’ offerings. Registered agent services are only available on the top-tier Complete package. Many competitors include registered agent services on several or all of their packages.
Business owners should be aware that some of MyCompanyWorks’ package features are extras that offer nominal additional value. For instance, a free eBook about startups and a free business tax consultation (which is a webinar) comes with every package. Some of this information is likely readily available through other sources.
We give a full break-down of the differences between each package below:
MyCompanyWorks Basic: $79 + State Fees
The Basic package is an affordable entry point that comes with the essentials:
- Unlimited Name Availability Searches
- Articles of Organization
- Personalized Organizational Minutes
- Personalized LLC Operating Agreement
- Order Auditing for Compliance and Spelling
- Unlimited Phone and Email Support
- Same Day Processing
- Online Order Tracking and Status Updates
- Online Document Access
- The New LLC Handbook
- Startups Made Simple Ebook
Who should purchase the Basic package?
If registered agent services aren’t essential, the Basic package meets many businesses needs at an affordable price. It includes everything necessary to form an LLC.
MyCompanyWorks Entrepreneur: $199 + State Fees
The Entrepreneur package builds on the Basic package by adding:
- Help Obtaining a Federal Tax ID
- An LLC Kit, Seal and Member Certificates
- MyCompanyForms Lifetime Business Forms and Tax Guide
Who should purchase the Entrepreneur package?
The Entrepreneur tier makes sense if you have some extra funds and place a premium on convenience. Having someone else obtain your federal tax EIN and create member certificates lets you focus on other tasks associated with starting your business.
MyCompanyWorks Complete: $279 + State Fees
The Complete package adds one valuable service:
- Registered Agent Service
Who should purchase the Complete package?
If you want the freedom, flexibility, and assurance that hiring a registered agent provides, this is the package to go with.