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Bizee Business Formation Review: Pros, Cons, and Pricing Explained

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Starting a business is both an exciting and daunting experience. Entrepreneurs face many decisions along the way, and one of the most important is how to form their business legally. Many turn to online business formation services to navigate the complex world of legal paperwork and state regulations. One company that has gained a lot of attention in recent years is Bizee, a platform that provides affordable and reliable business formation services.

In this comprehensive review, we will dive into everything Bizee has to offer. From its pricing structure to its customer support, we’ll break down what makes this service stand out, as well as any potential drawbacks to consider. This review is based on my own personal experience, as well as insights from other users and industry experts.

Quick Summary

Bizee is an online business formation service that offers entrepreneurs a range of solutions to help them legally start and manage their businesses. Whether you’re forming a limited liability company (LLC), corporation, or nonprofit organization, Bizee provides an easy-to-navigate platform that simplifies the process. The service is well-known for its affordable pricing, user-friendly experience, and helpful customer support.

Key highlights of Bizee include:

  • A free basic formation package (you only pay for state fees)
  • One year of free registered agent services with all packages
  • Transparent pricing with no hidden fees
  • Easy-to-use online platform
  • Lifetime compliance alerts to keep track of important filing deadlines

Key Service Highlights

  • Free LLC formation package: Bizee offers a free package that only requires you to pay state fees. This is perfect for entrepreneurs on a tight budget who need basic services.
  • Registered agent services: Included for one year with every formation package.
  • Compliance alerts: Bizee offers lifetime compliance alerts, ensuring you never miss a filing deadline.
  • Speedy processing: Most formation documents are processed within a day or two.

Pros & Cons

Like any service, Bizee has its strengths and weaknesses. Here’s a quick look at both:

Pros:

  • Affordable pricing: Bizee’s free basic package and low-cost options make it one of the most budget-friendly business formation services.
  • Ease of use: The platform is designed for simplicity, making it easy for anyone, even without legal knowledge, to navigate the business formation process.
  • Comprehensive services: In addition to LLC formation, Bizee offers a range of services, including registered agent services, EIN registration, operating agreements, and more.
  • Customer support: Many users have reported positive experiences with Bizee’s customer support team, noting their responsiveness and helpfulness.
  • Fast processing time: Bizee processes most documents in one business day, which is incredibly fast compared to other services.

Cons:

  • Additional costs for advanced services: While the free package offers great value, some important services like operating agreements and EIN registration are only included in the paid packages.
  • Add-on services can increase costs: While Bizee is transparent about its pricing, the additional services that are available as add-ons can lead to higher costs.
  • Limited customization in lower-tier packages: If you need specific features or more tailored services, you might find the basic packages a little restrictive.

Bizee Pricing & Packages

Bizee offers a variety of packages that cater to different needs and budgets. Here’s an in-depth look at each of them:

1. Silver Package – Free + State Fees

The Silver package is Bizee’s most basic option and is free to use. You’ll only need to pay state fees to get started. This package is ideal for new business owners who need essential business formation services without any frills.

Included in the Silver package:

  • Preparation and filing of your formation documents
  • One year of free registered agent service
  • Lifetime compliance alerts
  • Personalized dashboard to track your progress
  • 24/7 access to your account for easy document management

This package is ideal for entrepreneurs who are just getting started and don’t need advanced services.

2. Gold Package – $199 + State Fees

The Gold package includes everything in the Silver package, with additional services designed for those who want a little extra support.

Included in the Gold package:

  • All features from the Silver package
  • EIN (Employer Identification Number) registration
  • Operating agreement for your LLC
  • Business banking resolution
  • IRS Form 2553 (for S-Corp election)
  • Business tax consultation
  • Access to business banking account setup

The Gold package is a solid choice for those who want a more comprehensive set of services, particularly if they plan to elect an S-Corp status or need an operating agreement.

3. Platinum Package – $299 + State Fees

The Platinum package is Bizee’s premium offering, which includes all the features of the Gold package along with even more advanced services.

Included in the Platinum package:

  • All features from the Gold package
  • Expedited filing for faster processing
  • Business contract templates
  • Domain name registration
  • Business email address

If you’re looking for a full-service business formation package, the Platinum option might be right for you. It provides everything you need to launch your business and establish an online presence, all with fast processing times.

Bizee Alternatives

While Bizee offers competitive pricing and excellent services, it’s always a good idea to consider other options before making your final decision. Here are a few popular alternatives:

1. ZenBusiness: ZenBusiness is another well-regarded platform that offers affordable business formation services. It’s known for its easy-to-use platform and customer support, which rivals Bizee. ZenBusiness also offers competitive pricing, but their free plan doesn’t include registered agent services, which Bizee does offer in the first year.

2. LegalZoom: LegalZoom is one of the largest and most well-known business formation services. It offers a wider range of legal services beyond business formation, which makes it ideal for entrepreneurs who need ongoing legal assistance. However, LegalZoom can be more expensive than Bizee, particularly for its premium packages.

3. Northwest Registered Agent: Northwest Registered Agent specializes in registered agent services, but it also offers LLC formation and other business services. They focus on privacy and customer service, which might be appealing for those who value confidentiality. However, their pricing can be higher than Bizee’s basic package.

Bizee User Experience & Filing Process

Bizee offers a straightforward process for forming your business. Here’s a step-by-step breakdown of how it works:

  1. Select Your Business Type: Choose the type of entity you wish to form, whether it’s an LLC, S-Corp, C-Corp, or nonprofit.
  2. Enter Your Business Information: Provide the required details about your business, such as the company name, business address, and owners or members.
  3. Choose Your Package: Select the package that best fits your needs and budget. If you’re just getting started, the free Silver package is a great option.
  4. Review & Submit: After reviewing your information, submit your details. Bizee will handle the preparation and filing of your documents.
  5. Confirmation & Ongoing Support: Once your business is successfully formed, Bizee will provide you with access to your personalized dashboard. You’ll also receive lifetime compliance alerts to ensure you never miss an important filing deadline.

This process is fast and user-friendly, designed to make the experience as seamless as possible for first-time business owners.

Business Formation Process

The business formation process on Bizee is typically completed within one to two business days. After submitting your details, Bizee will handle the preparation and filing of your formation documents with the state.

Once your formation documents are filed, you’ll receive an official confirmation. If you’ve chosen the Gold or Platinum package, you’ll also receive additional services, such as an EIN or operating agreement.

Registered Agent Services

Registered agent services are included for one year with all of Bizee’s packages. A registered agent is required by law in most states to receive legal and tax documents on behalf of your business.

After the first year, registered agent services cost $119 annually. This is a fairly standard price in the industry, and many users find it valuable to have a trusted third-party service handle important business documents.

Bizee Customer Support

Bizee’s customer support team is available Monday through Friday from 9 a.m. to 6 p.m. CST. The company offers support via both phone and email, and representatives are fluent in both English and Spanish.

User reviews highlight the professionalism and helpfulness of Bizee’s customer support team. Many customers have praised the team for being responsive and resolving issues efficiently. Whether you need help with the business formation process or have questions about your account, Bizee’s customer service team is ready to assist.

Bizee’s Review Ratings from Review Sites

Bizee has received strong ratings from various review platforms. Here’s a breakdown of its ratings:

  • Trustpilot: Bizee holds a rating of 4.7 out of 5 stars based on over 16,000 reviews.
  • Better Business Bureau (BBB): Bizee has earned a 4.8 out of 5-star rating from BBB, a trusted accreditation for businesses.
  • Company Website: On Bizee’s own website, the platform has garnered over 67,000 five-star reviews, with an overall rating of 4.8 stars.

These positive reviews reflect the overall satisfaction of users with Bizee’s services. Many customers appreciate the platform’s ease of use, fast processing times, and excellent customer support.

Verdict on Bizee

Overall, Bizee is an excellent choice for entrepreneurs who want to form a business quickly and affordably. Its free formation package is an attractive option for new business owners, and the additional features in the paid packages offer great value. While there are some additional costs for premium services, Bizee remains one of the most budget-friendly platforms in the market.

The platform is easy to use, the customer support is top-notch, and the processing times are fast. Whether you’re forming a simple LLC or need more advanced services, Bizee provides everything you need to get your business off the ground.

If you’re looking for an affordable and reliable business formation service, Bizee is definitely worth considering.

FAQ’s

Is Bizee a legitimate company?

Yes, Bizee is a legitimate and reputable company with over 1 million businesses formed since its inception. They have been in business for over 15 years and are known for their transparency and customer service.

Are there any hidden fees?

No, Bizee prides itself on being transparent with its pricing. There are no hidden fees, and all costs are clearly outlined on the website.

Can I get a refund if I change my mind?

Bizee offers refunds as long as the payment has not been forwarded to the state. However, they charge a $30 cancellation fee and may deduct any incurred expenses.

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