Tennessee ranks among the Top 10 states for starting a small business due to its thriving economy, educated workforce, and low overhead costs. The Volunteer State touts its commitment to fiscal responsibility, low debt, and the fact it does not level a personal income tax on residents. While lawmakers appear to work closely with industry leaders to foster a favorable business climate, no state can escape the necessary legal requirements involved in forming a Limited Liability Company (LLC).
The Tennessee Secretary of State tasks prospective entrepreneurs with filing a series of official documents and peripheral information that proves complex and time-consuming. If you don’t have experience drafting items such as articles of organization or working with a registered agent service, missteps can result in costly delays.
That’s why so many entrepreneurs reach out for the material support they need by enlisting help from one of the best LLC services.
By creating a Tennessee LLC, small business owners can take their side hustle or part-time gig to the next level. It’s a way to formalize the products or services you provide and start earning greater profits.
An LLC protects stakeholders against civil lawsuits and debts incurred by the organization. This type of business entity also provides substantial tax benefits and the ability to open a business bank account and apply for a company credit card, among others.
To launch an LLC in Tennessee, you will need to comply with these and other regulatory mandates.
The process can be something of a Herculean task, which is why an increased number of startups lean on LLC formation services. Below, we present to you the 5 best LLC formation services out there designed exactly for that.
Disclaimer: the rates and offerings below are subjected to changes made by the service providers.
Tailor Brands provides wide-reaching LLC services in Tennessee that include value-added solutions. The platform offers thoughtful elements that help first-time entrepreneurs expand their understanding of owning and operating an enterprise.
The LLC service also delivers exemplary website building and design tools that many startups need to attract customers. The process begins by clicking the LLC “Get Started” icon, which walks you through each step.
One of the reasons Tailor Brands consistently ranks among the best LLC services is due to its far-reaching services and offerings. A laundry list could be put forward that includes solutions such as filing articles of organization, an annual report, getting a business license, and opening a business bank account.
However, these are the categories you quickly encounter once you Get Started.
The subscriptions Tailor Brands offers are budget-friendly and provide value-added options:
Other services can be added as well, some examples are:
The online customer reviews regarding Tailor Brands show that more than 75 percent of all users give it 5 stars, indicating it’s a go-to resource when forming an LLC in Tennessee and other states.
Bizee, previously called IncFile, provides a pared-down LLC formation service without the bells and whistles. It appears to be geared toward startups that simply want to check the Tennessee LLC box and focus on other issues separately. The Bizee home page highlights a limited free LLC option that may satisfy the needs of experienced business formation professionals.
Bizee’s offerings include registered agent services, articles of organization, and filing an annual report, among other basics. It does not include complementary solutions that entrepreneurs might value, such as marketing and graphic design options.
However, the price may be suitable if you only need to meet the LLC requirements of the Tennessee Secretary of State’s office.
Subscribers can choose from a no-cost Silver subscription, as well as a Gold or Platinum membership at $199 and $299, respectively.
The free LLC does not include EIN or operating agreement support. The higher-priced options cover most of the LLC bases.
The digital customer reviews hover around 4 stars, based on meeting minimal LLC formation needs. Although it makes the list of the best LLC services for recognition in Tennessee, it may be suitable for people who possess business entity filing knowledge.
Zen Business makes its way onto the best LLC services list by delivering straightforward business creation services. The platform prompts users to click on a green “Start with an LLC” icon to begin a user-friendly process. It asks a series of questions to lead entrepreneurs along the filing pathway and adopt a registered agent service. Zen Business does a respectable job of supporting upstarts who need to navigate the filing process. It does not necessarily deliver the other complementary services fledgling companies may desire.
If you need a limited number of essential services, Zen Business can help users form an LLC, file an operating agreement and annual report, build a basic website, EIN formation and Standard Business Document Templates.
ZenBusiness three pricing plans to choose from.
Customer reviews are generally positive, with Zen Business earning 4.5 stars on average. It may be worthwhile to read the handful of BBB complaints before paying for a subscription.
The best LLC services do not only focus solely on filing the paperwork with the Tennessee Secretary of State. Legal Zoom, for example, offers fundamental business formation services and pivots into law and regulatory compliance. Subscribers enjoy access to a plethora of e-document forms and 30-minute sessions with online attorneys.
Legal Zoom does a terrific overall job of helping startups connect with registered agent services and access trademark registration solutions. However, it is not the best resource for the additional business services business owners might weed when starting their business.
The number of products and services users gain access to is driven by their subscriptions. Along with select LLC filing solutions, members can also access the following.
Legal Zoom ranks among the best LLC services based on its digital forms and ability to connect people with attorneys.
Yearly pricing options include $0, $249, and $299. The most expensive subscription offers 30-minute attorney consultations. The $249 gives you access to 150 e-documents for 12 months. The free LLC selection may not be sufficient.
If you need extensive legal advice and e-documents, this platform might be a good opportunity. It’s highly likely entrepreneurs will need a diverse subscription to achieve their overall goals.
Northwest Registered Agent supplies the essential tools a small business needs to establish a Tennessee LLC.
The platform can be a tad clunky, and the filing documents appear to the right as users click through the LLC process.
There’s nothing that would indicate it doesn’t belong among the top-tier online LLC resources. It’s a no-frills, get-the-job platform that does not necessarily offer comprehensive complementary business solutions.
This quick and easy platform focuses on securing registered agent services and complying with LLC filing mandates. It offers basic e-documents, website and domain support, and EIN help on an à la carte basis.
The basic package costs $39 plus filing fees. As you add items you need, such as an EIN, the cost increases considerably.
A streamlined option with sparse services, only half of its users gave it 5 stars. The major problem with Northwest Registered Agent is that it appears cost-effective at first blush. But the price rises quickly as you onboard LLC compliance necessities.
There are no legal impediments to filing an LLC in Tennessee on your own. The primary reasons startup businesses leverage LLC services such as the services mentioned above are to save time and money and avoid bureaucratic setbacks.
Tennessee has a robust economic landscape and remains a reliable, business-friendly place to start a business.
Forming an LLC is an important first step for starting a business, and choosing the best LLC services provider helps streamline this process and get your operation off the ground.
This portion of our website is for informational purposes only. Tailor Brands is not a law firm, and none of the information on this website constitutes or is intended to convey legal advice. All statements, opinions, recommendations, and conclusions are solely the expression of the author and provided on an as-is basis. Accordingly, Tailor Brands is not responsible for the information and/or its accuracy or completeness.
Terry is a serial entrepreneur with over 25 years of experience building businesses across multiple industries – construction, real estate, e-commerce, hotelier, and now digital media. When not working, Terry likes to kick back and relax with family, explore Taoism’s mysteries, or savor the taste of fine Italian red wine.
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