{"id":1826,"date":"2023-01-17T23:12:56","date_gmt":"2023-01-17T23:12:56","guid":{"rendered":"https:\/\/content-hub.stackcommerce.net\/guide\/?p=1826"},"modified":"2023-01-17T23:12:57","modified_gmt":"2023-01-17T23:12:57","slug":"zenbusiness-review-for-2023-pros-and-cons","status":"publish","type":"post","link":"https:\/\/content-hub.stackcommerce.net\/guide\/small-business-tools\/zenbusiness-review-for-2023-pros-and-cons","title":{"rendered":"ZenBusiness Review for 2023: Pros and Cons"},"content":{"rendered":"\t
\n\t\t
\n\t\t\t\"Jason<\/a>\t\t<\/div>\n\t\t
\n\t\t\tJason Fell<\/a><\/span>\n\t\t\t\t\t<\/div>\n\t<\/div>\n\t\n\n\n

We may earn an affiliate commission from partner links on the Entrepreneur Guide. These do not affect our editors\u2019 opinions.<\/p><\/div>\n\n\n\n

Starting a new business will come with a lot of responsibilities. To avoid legal or financial troubles, you\u2019ll need to take care of these responsibilities<\/a> correctly. Ignorance is no excuse, and failure to comply is not taken lightly by local or federal agencies.\u00a0<\/p>\n\n\n\n

Fortunately, most of these obstacles are things you can take care of yourself.<\/a> Coming up with a business idea, doing market research, and soft testing your product shouldn\u2019t require much outside help. However, the legal aspects of starting a business can get complicated quickly.\u00a0<\/p>\n\n\n\n

One such legal hurdle is that you have to register your business<\/a> officially. The process can be tricky to navigate by yourself, especially if you\u2019ve never created a new business or registered a company before. You\u2019ll have to take several steps that can be difficult to understand for newcomers.<\/p>\n\n\n\n

For example, the first thing you\u2019ll need to decide is the business structure that best fits your newfound company. There are five choices<\/a> for business structures: limited liability company (LLC), sole proprietorship, partnership, corporation, and S corporation. Depending on which option you select, you\u2019ll be affecting how much you pay in taxes, the amount of personal liability you\u2019re responsible for, and your ability to raise money from investors.\u00a0<\/p>\n\n\n\n

The ramifications of choosing the wrong business structure aren\u2019t something to take lightly. You must select the right one when registering your business<\/a>. Otherwise, you could spend a lot of money to fix your mistake.\u00a0<\/p>\n\n\n\n

It\u2019s best to talk with the experts, such as LLC formation services, and let them handle the legal matters for you. ZenBusiness is one of the best LLC services to help small-business owners correctly register their businesses and avoid non-compliance with local, state, or federal laws. <\/p>\n\n\n\n

What is ZenBusiness?<\/strong><\/h2>\n\n\n\n

ZenBusiness is a public benefit company based out of Austin, Texas. The company is venture funded and was founded by Ross Buhrdord in 2015. The company’s primary function is to provide everyday Americans with the tools they need<\/a> to become entrepreneurs. ZenBusiness offers various features to help people properly register their startups, assist in the early launching stages, and successfully grow a business.<\/p>\n\n\n\n

ZenBusiness headlines in late 2021 announced that recent investments totaled more than $200 million<\/a>. The latest Series C funding round raised their overall valuation to $1.7 billion. The meteoric rise of ZenBusiness has made them Austin\u2019s fastest-growing business. It\u2019s also attracted the attention of big-time investors such as Mark Cuban, who recently joined as an advocate and spokesperson.<\/p>\n\n\n\n

Who should use ZenBusiness?<\/strong><\/h2>\n\n\n\n

The services offered by ZenBusiness are specifically designed to help regular people become entrepreneurs. That includes startups, gig workers, online sellers, freelancers, artists, real estate investors, or anyone looking to register a business. The process can often be intimidating for most people<\/a>, which causes them to give up on their dreams early. ZenBusiness offers legal assistance during these critical, stressful, and confusing times.\u00a0<\/p>\n\n\n\n

It\u2019s worth noting that ZenBusiness specializes in LLC and corporation formations. They might recommend you form a partnership or sole proprietorship during your consultation. In that case, you might be better suited to look elsewhere for help registering your business.<\/p>\n\n\n\n

How much does ZenBusiness cost?<\/strong><\/h2>\n\n\n\n

ZenBusiness offers three service tiers that include various features. ZenBusiness allows you to create a personalized plan, as you can opt-in for specific features at an extra cost. Doing so is especially beneficial if you only want one or two of the components for the next highest tier.\u00a0<\/p>\n\n\n\n

These are the three tiers<\/a> and a rough overview of what they include:<\/p>\n\n\n\n

Starter<\/h3>\n\n\n\n

The Starter plan is available for $49 plus any state fees or additional government charges. The features provided with this Starter package include:<\/p>\n\n\n\n