Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Assessed Valuation

Definition and Citations:

This term applies to the precise value of property upon which taxes need to be paid.

Latest Articles

Assessed Valuation

Definition and Citations:

Starting a business can be an exciting yet daunting endeavor, especially when it comes to legal formalities. Tailor Brands steps in as a valuable ally for entrepreneurs, offering a streamlined approach to LLC formation and beyond. This innovative platform combines essential legal services with practical business tools, making it easier for you to turn your entrepreneurial dreams into reality. 

At The Law Dictionary, we’ve distilled complex government regulations into straightforward, actionable guidance to help you grasp the legal essentials for your new venture.

Our Top Pick
Our Top Pick
Best LLC Service
Starts at $0 + State Fees1-day processing to start fast4.8 Trustpilot and A+ on BBB
Best for Business Building
$0 Option AvailableFree business plan included (no credit card required)Amazon gift card up to $50 included with your purchase
Best Legal Support
$0 Option AvailableOffers attorney consultationsHighly reputable with user base

Benefits and Considerations for Tailor Brands

Tailor Brands positions itself as more than just an LLC formation service. They provide a range of tools designed to support your business from inception through growth. Their platform includes services such as trademark registration, tax and accounting support, and registered agent services. One of their standout features is the free LLC formation package, where you only pay the required state filing fees.

Pros:

  • Affordable options, including a free LLC formation plan
  • Expedited processing available for a reasonable fee
  • Comprehensive business-building tools beyond formation

Cons:

  • Limited support with the free plan
  • No registered agent or EIN services included in base packages
  • Lack of access to legal consultations

Tailor Brands offers three main LLC formation packages to cater to different business needs and budgets. Their pricing structure is based on annual subscriptions rather than one-time fees, which is something to consider when comparing LLC costs.

The Lite plan is their free option, where you only pay state filing fees. This is ideal for those on a tight budget who are comfortable handling most of the formation process themselves. The Essential plan, priced at $199 per year plus state fees, includes expedited processing and annual compliance services. For those looking for a more comprehensive package, the Elite plan at $249 per year offers additional branding tools and a DIY website builder.

Key Features of Tailor Brands

Ease of Use

We find that Tailor Brands excels in user-friendliness. Their online platform walks you through each step of the LLC formation process, making it easy to navigate, even for those with minimal legal knowledge. The interface is intuitive, allowing you to complete your LLC filing in as little as 10 minutes.

Customer Support

Tailor Brands offers customer support through various channels, including email, phone, and chat. However, the level of support may vary depending on your chosen plan. Although they aim to be responsive, some users have shared mixed experiences with their customer service team.

Processing Times

One of Tailor Brands’ key strengths is their fast processing speed. With the expedited filing option, available in higher-tier plans or as an add-on, you can drastically shorten the time needed to form your LLC. This can be especially advantageous during peak times or if you’re eager to launch your business quickly.

Registered Agent Services

While Tailor Brands offers registered agent services, it’s important to note that this isn’t included in their base packages. You’ll need to add this service for an additional fee. Having a reliable registered agent is essential for maintaining your LLC’s compliance, so this is an important factor to consider when choosing your plan.

Reputation

Tailor Brands has built a solid reputation since its founding in 2015. Many users praise their comprehensive services and user-friendly platform. However, like any service, they have their critics. Some users have reported issues with billing or difficulties canceling subscriptions. Overall, they maintain a positive standing in the LLC formation service industry.

How Fast Is Tailor Brands?

Tailor Brands prides itself on quick turnaround times, especially with their expedited filing option. Standard processing can take a few weeks, but with expedited service, you can significantly reduce this time. The exact timeline can differ based on your state’s processing times, but Tailor Brands works to file your documents as quickly as possible on their end.

Tailor Brands vs. ZenBusiness

When comparing Tailor Brands to ZenBusiness, both offer comprehensive LLC formation services. ZenBusiness stands out with its inclusion of registered agent services in all plans and a strong focus on ongoing compliance support. They also have a longer track record and generally more positive customer reviews.

Tailor Brands, on the other hand, shines with its broader range of business services, particularly in branding and design. If you’re looking for an all-in-one platform that goes beyond just formation to help build your brand, Tailor Brands might be the better choice. For those prioritizing traditional formation services and compliance, ZenBusiness could be more suitable.

Tailor Brands vs. LegalZoom

LegalZoom is a well-established name in online legal services, offering a wide range of legal support beyond just business formation. They provide access to attorney consultations, which Tailor Brands doesn’t offer. This makes LegalZoom a strong choice if you anticipate needing ongoing legal advice.

Tailor Brands, however, offers a more budget-friendly option, especially with its free basic plan. It also provides more comprehensive branding and design tools, which LegalZoom doesn’t focus on. If your primary concern is forming your LLC affordably and you don’t need extensive legal consultations, Tailor Brands could be the better fit.

FeatureTailor BrandsZenBusinessLegalZoom
Free LLC FormationYesYesNo
Registered AgentAdd-onIncludedAdd-on
Legal ConsultationsNoNoYes
Branding ToolsYesLimitedNo
Starting Price$0 + state fees$0 + state fees$79 + state fees

Tailor Brands is best suited for budget-conscious entrepreneurs who want a one-stop shop for LLC formation and branding services. It’s particularly appealing if you’re comfortable handling most of the process yourself and don’t need extensive legal consultations.

The Bottom Line

Tailor Brands offers a compelling package for entrepreneurs looking to form an LLC quickly and affordably. Their free basic plan and comprehensive business-building tools make them stand out in a crowded market. While they may not offer the legal depth of some competitors, their focus on branding and design services provides unique value.

We at The Law Dictionary believe that Tailor Brands can be an excellent choice for many new business owners, especially those who want to hit the ground running with a strong brand identity. Remember, choosing an LLC formation service is an important decision that can impact your business for years to come. Consider your specific needs, budget, and long-term goals when making your choice. Whichever provider you choose, we’re here to help you understand the legal landscape of your new business venture.