I'm not kidding, their hardselling is so obviously bs and wayyyyyyy toouch like several calls/emails every damn day so obviously a tactic to pressure and panic me. That's why I'm seeking more info so thank you. This was very helpful
OMG I'm so disappointed that I didn't read their reviews and see this you-tube video before I decided to have them start my LLC. After talking to them yesterday I felt something didn't seem right so I did a little digging and read some reviews. After I read some reviews and realized what they were trying to do, I immediately emailed them back and told them that I did my research and moving forward I just want them to file my LLC and I ABSOLUTELY DO NOT WANT THEM TO BE LISTED AS MY REGISTERED AGENT. They tried to upsell me the membership certificate and the legal separation documents and said if I don't do so I would not be compliant in Texas, and I refused. They also were trying to get me to utilize their free service for registered agent and I expressed how I wanted to be my own registered agent. I just hope that they file my LLC and not give me a hard time. I should have just did everything myself because now I don't trust that they will file my paperwork with out me getting all the extra BS that they were trying to sell me.
I’m so grateful for your review before I bought the total package! I’m at a loss on where to get help building a store online. Have the product and the niche just need to know where to start
Hi Heather! Awesome! Glad this helped. If you are starting an e-commerce store, Shopify is easy to learn, quick to set up, and is one of, if not the biggest platform). Other popular stores include WordPress (with the WooCommerce plugin), followed by Wix, Weebly, and BigCommerce. Shopify has an academy with free classes to learn learn more about it - academy.shopify.com/. Looking forward to your successful new store! Greg
I’m so happy you did this review the way they were trying to upsell me was so obnoxious. He told me that I would be fined $500 a year if I didn’t get an legal separation and operating agreement But I am in Florida and I am a single member LLC that was it for me! That is very untrue because it’s not required I definitely did my research
Yesterday I filed an LLC for a business my husband and I starting in South Dakota. We are the only members and I added both of our names while registering. Suddenly, I get a call from an aggressively "helpful" sales agent who is trying to upsell me a compliance bundle for around $400 more, saying that if these two other documents are not completed we could be fined daily by the government. We will be operating a local dance studio, not a conglomerate retail corporation like Amazon! I felt very alarmed because I filed an LLC with Inc Authority in the past and never had a sales rep call me using scare tactics to get more money before.
If I were to guess what they are selling you, only one is required. This is the Beneficial Ownership Information (BOI) report which is a federal filing that became required at the beginning of this year. It's free to do yourself - startup101.com/a-guide-to-boi-report-filing/. If you want to have someone do it for you, it should be well under $100. The other two that may be needed are the operating agreement and Employer Identification Number. An operating agreement is the rules for how the LLC will operate. This isn't required in South Dakota. It's not a bad idea to have one, but since it's you and your husband and no outside owners, it's not as critical in my opinion. We have a free template here - startup101.com/south-dakota-llc-operating-agreement/, and there are a lot of others that you can find online. The EIN is a unique number that is assigned to the LLC, like how a social security number is assigned to an individual. As long as you don't want to elect S corp taxation (you probably won't gain much with this in the early stages of the business, but talk to your accountant). There's no cost to get an EIN and it takes just a few minutes - startup101.com/how-to-register-for-a-south-dakota-ein/ Hope this helps some! Greg
So if I didn’t need any of the add ons. As I run a business from home, I don’t need help with a website or have any employees. I’m just looking to get LLC registration and an EIN. The reason of needing an EIN for me particular if some wholesalers that I want to buy from require you to have an EIN to shop through them. Is Inc authority going add on anything even though I buy the basic package for just wanting the LLC registration and EIN? I don’t need an agent or a website through them…
They won't add anything that you don't select. You can double-check by looking into your account to see if there are services that you don't want and cancel them from there.
I got my llc this week and they called me righr away since , I declined the add ons... I need an operation agreement, membership certificate and Corporate Veil and Financial Documents totally over $300. They gave me my EIN for free I was going to do it myself but glad they did that. It is frustrating bc everyone I was I talked to tried to make me feel bad that I didn't get yhe upsell, saying i wasnt really forming my llc I was just paying for my company name. They said it would take 45 days to het the information back, the lady said she wouldn't submit my llc till i got the rest of thd up sells. Im honestly a bit scared I just want to get mt llc to get producst for my e-commerce shop. So I dont see why I would need all that other documents. Im kot sure what to do and I'm scared.😢
That sounds very frustrating and unnecessary, and I'm sorry you had to go through all of that. Without knowing all of the details of your business and background of what all happened, I'll give you some info that should help, but you may want to get a second opinion just in case. The operating agreement is only required in a handful of states, and fewer require one for a single-member LLC (more info - startingyourbusiness.com/when-does-an-llc-need-an-operating-agreement/). A membership certificate isn't required (but a very good idea if your LLC had multiple members) and the LLC itself is the corprate veil as this entity is separate from you personally. There are things to do to keep the separation, and here is some more info - startingyourbusiness.com/what-is-piercing-the-corporate-veil/. Last, I'm not sure what financial documents were being referred to. Alabama is the only state where you have to pay to name the LLC, so I'm a bit confused. Assuming you were using the free plan, the money you are paying is for the state to process the articles of organization and create the LLC. I have some more info on the process of starting a business in each state here (and it has more info on forming an LLC that may help - startingyourbusiness.com/state-guides/ If you have any other questions, I'll try and help! Greg
Thank you for the resources! I did get the free package paid $125 for my state filing fee or so inc Authority said. I'm in Pennsylvania and since I sell online I didn't think I needed the extra documents. I haven't received the article of organization. They won't give me any paperwork saying the business is mine, they want me to pay extra for the article of organization which is what I was confused about, every time I get them on the phone explaining the situation they become very rude. They keep insisting the $125 I paid was just to reserve the name but that doesn't sound right. I'm unsure what to do, as I budget the $125 for getting my LLC. My online shop has been shut down simply because I don't have the article of organization or anything providing my business is formed correctly. 😢 So they still won't file my business until I pay an extra 300-$400 for the articles of organization operations agreement and a few other paperwork. That's got to be illegal
@@preciousbey The name reservation fee in Pennsylvania is only $70, while the fee to submit the Certificate of Organization to create the LLC is $125 - www.dos.pa.gov/BusinessCharities/Business/Resources/Pages/Fees-and-Payments.aspx. I would ask about this since the numbers don't line up. Also, check your receipt to see what you had signed up for. Hopefully this clears things up!
I have an appointment with inc authority tomorrow. After watching this video and reading the comments I’m not sure if I should have them help me! What would you suggest I do if I want to open my esthetics business? Get an attorney for my LLC? It’s just so expensive
You will get an LLC with this company, but you know ahead of time that they are likely going to aggressively upsell you. My recommendation would be to either work with them and not make any decisions until verifying what you actually need, work with a different company, or do it yourself (startup101.com/how-to-form-an-llc/) Good luck! If you have any other questions, please let me know. I would be interested to know what you end up doing! Thanks! Greg
I’m so pissed I spent around 400$ because their sales people convinced me that I needed all that bs once the guy mentioned that a business card would cost me around 2000 I just hung up
I'm sorry you had to go through that. It's hard enough to start a business and spending $400 on something you didn't need or could do yourself for free is frustrating. Thank you for sharing your experience as a warning to others. Whether it's a sales person or "Success Advisor" from Inc Authority, question why they want to "help".
I have a question my office is in an apartment building 10 miles from my house. Will that be an issue since it’s not an actual office office? even though it is in downtown
You don't have to run a business from an official office. For instance, a home-based business run from a spare bedroom or the garage isn't an "office." If you are looking at the qualifications for a registered agent address, the only things that are important include having a physical street address and that there is a adult generally at that address during normal business hours. Hope that answers your question. Let me know if you have any others! Greg
Good day! I am planning to sell on Amazon, but I am from the Philippines. The barriers for me to enter are high due to my nationality and location. From the videos I have seen on TH-cam, some people use LLC formation services to have an entity in the United States, but from watching your video about "Inc. Authority," I have learned that some of the services they are trying to sell are not needed. Could you please give me some advice? Thank you!
There are two other LLC formation services that I like better that only charge the state filing fee, which are Incfile and ZenBusiness. Also, you don't have to use a formation service because you can file directly with the state. More information on how to do this at each of the states is here - startingyourbusiness.com/how-to-form-an-llc/
hey man, thanks for the video, i am looking to start a business currently that will be primarily online i to test different way of making income through the use of different DBAs and once something is profitable i will break it off into its own LLC. the dilemma i am having is weather i should open my LLC in the state i currently live in (virginia); the state i technically am a resident of (Florida) i am active duty military on orders in VA OR; should I open it in a state like NV or Wyoming due to the benefits of having an LLC there ? this business will be primary online so i don't technically plan on generating income in any physical location, again thanks for the video and any input you can provide to me.
There is a lot to consider (and I'm not an attorney or accountant mind you), but a big consideration, even for an online business is taxation (both business and income). This article may help - startup101.com/best-state-to-form-llc/
It's been a long time since I have navigated this, and I don't want to steer you in the wrong direction. Northwest has what looks to be good information - www.northwestregisteredagent.com/llc/non-citizen, but it may be worth consulting with a CPA to get specific advice.
You shouldn't have penalties when first establishing an LLC, but let me know what all is included and I'll try to give you some feedback (that doesn't involve paying $449).
The same thing happened to me yesterday. I've filed an LLC with Inc Authority in the past and I never had a sales person aggressively reach out to me like that before. I felt a huge red flag go up when he was demanding another $300 but really $400 for a compliance bundle while using a scare tactic of being fined by the government if I don't!
I paid for incfile silver package that includes the state fee, do i still have to pay another $125 for Official Authenticated Formation Document on the njportal for business formation?
I'm assuming we are talking about the same document, but Bizee (who was formerly Incfile) will file the Certificate of Formation form, which is the state paperwork to register a new LLC. Once it's approved, you will get an official document back showing the LLC is registered.
This is super interesting. Im looking to start my own drug testing business and phlebotomy. Just like a LabCorp for different types of drug testing. Wether it be for a job or something different. Any tips on that would be cool
That is a type of company that I don't know much about, but imagine there is a lot of potential. Requirements probably differ in each state depending on what services you offer, but while I would have thought there would be a lot of requirements, I can't recall any specific state licensing for this kind of business. Keep in mind, though, that I haven't searched for this specifically and may be totally wrong. Before starting this type of business, have you talked to potential customers to see what they like and don't like with the existing vendor? It may be hard to compete on price against the large companies like LabCorp, so what can you do better or different? If you don't have a lot of experience in this field, working for one could give you a lot of insights. Another aspect of this type of business would be knowing how to bill insurance to get reimbursed. There is a bit of a process to get set up and understand how to do medically billing right to get paid quickly. A bit of rambling, but hopefully there is something helpful here! Greg
Both a corporation and LLC are separate legal entities so they wouldn't mix funds, but one of the nice things about the LLC is you can choose to have it taxed like a corp. There are two choices of corp taxation which are C corp and S corp, but it may be advantageous to have it taxed like a sole proprietorship until you are making $40k or more in profits. The actual number varies by person, but is where an accountant can come in handy to help figure out which is most beneficial. This article may be helpful -startup101.com/llc-vs-corporation-whats-right-for-you/ As an FYI, you can set up as a sole proprietorship and open a separate business bank account to keep funds separate. At the end of the year you are going to file a Schedule C tax form, which reports your business income separatley from your personal income. Regardless of which entity you choose, the profit or loss is going to show up on your personal tax return. This is a complicated subject, but I hope this helps a little. Thanks! Greg
IncAuthority has been around for a long time and many happy customers for their LLC formation service. As, I discussed on the video, there are several misleading statements for their upsells that you should be aware of.
I know you dont know me i think they are a scam I got my tax numer at a costly price.250 last year December 07 2022 250 they charge me now another new years they want another 250 they even threatened me if i didnt pay up they would terminate my tax number The thing is it is registered in my state of North Carolina. what would you do my business not even on the market . Pollyblackburnceollc it on Google i didnt put it there please be careful with these people
An LLC ownership or member certificate is essentially the same thing as a share of stock. It's not required, but if you have multiple investors or members, they may like one. As a single-member LLC, it's not necessary. There are a few ways to prove ownership in an LLC. The most common is in the LLC Operating Agreement, where each member's roles, amount invested, and percentage of ownership are recorded. In some states, a member's ownership is also listed in the Articles of Organization (when first forming the LLC) or in the Annual Report (when updating the entity with the state). You can get inexpensive certificates from Amazon for around $20 - amzn.to/3HQRVJl Hope this helps! Greg
Ok thank you!! They called me nd having me pay $418.95 nd when they called me I was like y is it more than what I have to already paid for they said I didn’t have most important documents I was going to pay $200 something thank you that I came across ur video!! Hope I make sense 😂
@@ZiGZaG.90 There are a lot of people who charge crazy amounts for a DUNS number (and not many people actually need one). There are a few steps, but the number is free to get - www.dnb.com/duns/get-a-duns.html
Yes thankfully i knew that much before I filed. But when speaking to the man over the phone after I filed I fell for the $400 up sell because he told me it was important for me to do so that my LLC file with the state would be legitimate and just a bunch of nonsense. Me not knowing any better gave my card number. I even asked if it’s a free file (not including state) what am I paying $400 for and he basically said it’s all the legal stuff that I will be needing down the road. Now I know what it was and after complaint after complaint I spoke with one of there reps who basically told me I have to wait until January to part ways. They even submitted the wrong entity name on behalf! Could you perhaps provide some insight on how I can correct my name through the state. I’m in Florida
@@ZiGZaG.90 Fortunately, this is a pretty easy fix. To change your LLC name, you file the Articles of Amendment form and pay a $25 fee to the Florida Department of State - form.sunbiz.org/pdf/cr2e049.pdf Sorry you are having to go through all of this!
Bizee has a no-cost plan and a free registered agent too and I think they are a better company. Here's my review - th-cam.com/video/xcwiZI_qgwY/w-d-xo.html
Most accountants will help with an LLC formation. A lawyer, while the most expensive, is the best option. They will not only file the formation paperwork, but they will also create customized documents (like the operating agreement) that will provide the best protection for the entity and its members. You can also file the LLC paperwork yourself. I have guides that show you how in each state - startingyourbusiness.com/how-to-form-an-llc/
Hello I filed with Inc Authority and there trying to Upsell me a LLC membership Certificate and a legal separation document says without these documents that my business won’t be separated from myself and I won’t be protected I’m a single member not sure why I need these documents but any idea where I can purchase them at for a better rate ?
The LLC is what creates the legal separation between the member and business. A membership certificate is not required, but is a nice looking document that shows an individual's ownership in a company. Pretty easy to figure out as a single-member LLC :) I'm not sure if this is the doc your rep was talking about, but a separation agreement outlines the terms for how a business would be valued if one of the owners wanted to sell. As a single-member LLC, you wouldn't obviously need one. These documents aren't required, but if you want to get them and put everything in one place, Amazon has an LLC binder - amzn.to/3vjl5hu Hope this helps! Greg
I am having the same thing happen right now. He kept saying that I’d forgotten to fill out those two forms and that Calif requires them and it’s an extra $300.
@@tamiingram5862 Me too like omg- I was like if those forms are needed to be compliant why are they not included with the filing for free? I told them i would look into it myself and get back to them.
Well there seems to be a pattern here. I ve been researching for the past couple of hours for a company to register an LLC and all I read are either fake reviews or horror stories. I wonder if there is anyone trustworthy out there just doing their job???
There has definatley been a rise of "gurus" who make a lot of money recommending entity formation companies. As an alternative, here is info so you can learn how to do it yourself in each state. Most states are pretty easy to do. startup101.com/how-to-form-an-llc/
Omg please help this company do not keep up with nothing they say. I was up sold they created a website for me that never worked and kept charging me per hour just to fix there mistake
Ink Authority made me a website builder my email dosent wrk that they made they have suspended my tax number bad part they wanted me to pay another 250 i already paid last december 22. pollyblackburnceollc is on the google market. Im afraid to use it now they are threating me
I just got called and they aound legit buy they want to charge me between 500 to 1200 for some add services. And that terrified me specially because my sis just paid like 200 in incfile. And told me that the bussiness company will call me later to pay 3500 to create my business credit.
I'm not sure what all is included, but that sounds really expensive. There are a lot of companies that promote business credit and most small businesses don't need it. Business loans are based on the on owner's personal credit, history of the business (of course new businesses have no history), and collateral. Great business credit isn't going to help, unless your business is going after non-recourse debt (meaning the owners aren't personally responsible to pay it back), which most banks aren't going to do. Business credit is useful for some businesses, but it's normally used to get large lines of credit from vendors and suppliers. Unless you have a specific case, it usually isn't worth messing with and definitely not paying for.
Each state is different, but most require an annual renewal. This video, You have al LLC, now what should be helpful th-cam.com/video/3aUt5kt7-I4/w-d-xo.html
Please dont pay nothing the tax number are free form IRS i was stupid for going through INK Authoity i didnt know it was free . they keep threatening me they would terminate my llc liscence or tax number Hang in there
damn bro I should've done researched I knew I I didn't need none of those packages I only bought the legal documents package and that made the price go higher when I didn't need it the total was 384$
@@_StartUp101 hey man is their a way to contact you privately because I need a lil guide through on what actual documents I need after setting up an llc because they called me just now saying the package I bought which was the ownership package he said their able to for an extra 299$ and I was confused on what to do and now he said I would have to do it on my own but he doesn’t recommend me doing it if I don’t know the legal language so I just want to know like what I actually need after setting up an llc because I’m kinda confused right now
@@BigMystic Our state guide should help a lot here - startup101.com/how-to-form-an-llc/. About halfway down the state guides, we have a section on what to do after forming your LLC that covers the paperwork you typically need. Thanks! Greg
Good morning you are right but theres nothing we all can do Im not paying anything more if they want to close my tax number then they can its not even on the market Pollyblackburnceollc only listed on Google i didnt put it there
I already paid incAuthority $169 for My Handyman Business $100 for the state of Georgia and $69 for My operating agreement. I was so excited and just waiting for the state to approve Me so I could get out there and start making a name for Myself and making a living UNTIL I got that phone call where they put the brakes on all that real quick by telling Me I NOW have to pay another $300 to officially have My LLC with a bunch of other BS. Now then... is there ANYWAY now that I just watched this video to get refunded and do things differently now that I'm more educated. I really feel like a Dumb@$$ and would love nothing more than to Be an OFFICIAL LLC Owner and get to work.
They won't likely refund the $100 filing fee since that is paid to the Georgia Secretary of State. Once the articles of organization are filed the LLC is live and active. There are a few other things you will need to look at after the LLC is formed, but it these have nothing to do with the LLC itself. One thing you may want to do is see if the LLC is active on the Secretary of State's website -ecorp.sos.ga.gov/BusinessSearch. This way you can see if the the LLC has been registered. I have a list of things you may need to do once the LLC has been registered - startup101.com/georgia-llc Of these, the EIN may be required if you want to be organized as a partnership, or taxed as a C or S corporation. The Beneficial Owner Information (BOI) report is a new requirement for all LLCs and corporations. You will also want to look at any licenses and permits, which would be required of any business, regardless of legal structure. My guess is that the $300 fee is the EIN, BOI, and operating agreement. That would be pretty high, though I show you how to do these yourself, and all are free. While working with IncAuthority may be been less than ideal, it's a small bump in the road. It may end up taking a little longer, but you will get through it and on your way soon! Let me know if you have any other questions! Greg
Funding is one of the hardest challenges in starting a business. I have an article with many sources for startups that may help - startup101.com/finding-the-money-to-start-a-business/
I'm not kidding, their hardselling is so obviously bs and wayyyyyyy toouch like several calls/emails every damn day so obviously a tactic to pressure and panic me. That's why I'm seeking more info so thank you. This was very helpful
OMG I'm so disappointed that I didn't read their reviews and see this you-tube video before I decided to have them start my LLC. After talking to them yesterday I felt something didn't seem right so I did a little digging and read some reviews. After I read some reviews and realized what they were trying to do, I immediately emailed them back and told them that I did my research and moving forward I just want them to file my LLC and I ABSOLUTELY DO NOT WANT THEM TO BE LISTED AS MY REGISTERED AGENT. They tried to upsell me the membership certificate and the legal separation documents and said if I don't do so I would not be compliant in Texas, and I refused. They also were trying to get me to utilize their free service for registered agent and I expressed how I wanted to be my own registered agent. I just hope that they file my LLC and not give me a hard time. I should have just did everything myself because now I don't trust that they will file my paperwork with out me getting all the extra BS that they were trying to sell me.
We're in the SAME boat and I'm 🤬 right now...GGRRRR
I’m so grateful for your review before I bought the total package! I’m at a loss on where to get help building a store online. Have the product and the niche just need to know where to start
Hi Heather! Awesome! Glad this helped.
If you are starting an e-commerce store, Shopify is easy to learn, quick to set up, and is one of, if not the biggest platform). Other popular stores include WordPress (with the WooCommerce plugin), followed by Wix, Weebly, and BigCommerce.
Shopify has an academy with free classes to learn learn more about it - academy.shopify.com/.
Looking forward to your successful new store!
Greg
I’m so happy you did this review the way they were trying to upsell me was so obnoxious. He told me that I would be fined $500 a year if I didn’t get an legal separation and operating agreement But I am in Florida and I am a single member LLC that was it for me! That is very untrue because it’s not required I definitely did my research
Good catch!
Yesterday I filed an LLC for a business my husband and I starting in South Dakota. We are the only members and I added both of our names while registering. Suddenly, I get a call from an aggressively "helpful" sales agent who is trying to upsell me a compliance bundle for around $400 more, saying that if these two other documents are not completed we could be fined daily by the government. We will be operating a local dance studio, not a conglomerate retail corporation like Amazon! I felt very alarmed because I filed an LLC with Inc Authority in the past and never had a sales rep call me using scare tactics to get more money before.
If I were to guess what they are selling you, only one is required.
This is the Beneficial Ownership Information (BOI) report which is a federal filing that became required at the beginning of this year. It's free to do yourself - startup101.com/a-guide-to-boi-report-filing/. If you want to have someone do it for you, it should be well under $100.
The other two that may be needed are the operating agreement and Employer Identification Number.
An operating agreement is the rules for how the LLC will operate. This isn't required in South Dakota. It's not a bad idea to have one, but since it's you and your husband and no outside owners, it's not as critical in my opinion. We have a free template here - startup101.com/south-dakota-llc-operating-agreement/, and there are a lot of others that you can find online.
The EIN is a unique number that is assigned to the LLC, like how a social security number is assigned to an individual. As long as you don't want to elect S corp taxation (you probably won't gain much with this in the early stages of the business, but talk to your accountant). There's no cost to get an EIN and it takes just a few minutes - startup101.com/how-to-register-for-a-south-dakota-ein/
Hope this helps some!
Greg
So if I didn’t need any of the add ons. As I run a business from home, I don’t need help with a website or have any employees. I’m just looking to get LLC registration and an EIN. The reason of needing an EIN for me particular if some wholesalers that I want to buy from require you to have an EIN to shop through them. Is Inc authority going add on anything even though I buy the basic package for just wanting the LLC registration and EIN? I don’t need an agent or a website through them…
They won't add anything that you don't select. You can double-check by looking into your account to see if there are services that you don't want and cancel them from there.
I got my llc this week and they called me righr away since , I declined the add ons... I need an operation agreement, membership certificate and Corporate Veil and Financial Documents totally over $300. They gave me my EIN for free I was going to do it myself but glad they did that. It is frustrating bc everyone I was I talked to tried to make me feel bad that I didn't get yhe upsell, saying i wasnt really forming my llc I was just paying for my company name. They said it would take 45 days to het the information back, the lady said she wouldn't submit my llc till i got the rest of thd up sells. Im honestly a bit scared I just want to get mt llc to get producst for my e-commerce shop. So I dont see why I would need all that other documents. Im kot sure what to do and I'm scared.😢
That sounds very frustrating and unnecessary, and I'm sorry you had to go through all of that.
Without knowing all of the details of your business and background of what all happened, I'll give you some info that should help, but you may want to get a second opinion just in case.
The operating agreement is only required in a handful of states, and fewer require one for a single-member LLC (more info - startingyourbusiness.com/when-does-an-llc-need-an-operating-agreement/). A membership certificate isn't required (but a very good idea if your LLC had multiple members) and the LLC itself is the corprate veil as this entity is separate from you personally. There are things to do to keep the separation, and here is some more info - startingyourbusiness.com/what-is-piercing-the-corporate-veil/.
Last, I'm not sure what financial documents were being referred to.
Alabama is the only state where you have to pay to name the LLC, so I'm a bit confused. Assuming you were using the free plan, the money you are paying is for the state to process the articles of organization and create the LLC.
I have some more info on the process of starting a business in each state here (and it has more info on forming an LLC that may help - startingyourbusiness.com/state-guides/
If you have any other questions, I'll try and help!
Greg
Thank you for the resources! I did get the free package paid $125 for my state filing fee or so inc Authority said. I'm in Pennsylvania and since I sell online I didn't think I needed the extra documents. I haven't received the article of organization. They won't give me any paperwork saying the business is mine, they want me to pay extra for the article of organization which is what I was confused about, every time I get them on the phone explaining the situation they become very rude. They keep insisting the $125 I paid was just to reserve the name but that doesn't sound right. I'm unsure what to do, as I budget the $125 for getting my LLC. My online shop has been shut down simply because I don't have the article of organization or anything providing my business is formed correctly. 😢
So they still won't file my business until I pay an extra 300-$400 for the articles of organization operations agreement and a few other paperwork. That's got to be illegal
@@preciousbey The name reservation fee in Pennsylvania is only $70, while the fee to submit the Certificate of Organization to create the LLC is $125 - www.dos.pa.gov/BusinessCharities/Business/Resources/Pages/Fees-and-Payments.aspx.
I would ask about this since the numbers don't line up. Also, check your receipt to see what you had signed up for. Hopefully this clears things up!
I have an appointment with inc authority tomorrow. After watching this video and reading the comments I’m not sure if I should have them help me! What would you suggest I do if I want to open my esthetics business? Get an attorney for my LLC? It’s just so expensive
You will get an LLC with this company, but you know ahead of time that they are likely going to aggressively upsell you. My recommendation would be to either work with them and not make any decisions until verifying what you actually need, work with a different company, or do it yourself (startup101.com/how-to-form-an-llc/)
Good luck! If you have any other questions, please let me know. I would be interested to know what you end up doing!
Thanks!
Greg
They still holding my money from me and told me they don’t have my money! I’m ready to sue them
I’m so pissed I spent around 400$ because their sales people convinced me that I needed all that bs once the guy mentioned that a business card would cost me around 2000 I just hung up
I'm sorry you had to go through that. It's hard enough to start a business and spending $400 on something you didn't need or could do yourself for free is frustrating.
Thank you for sharing your experience as a warning to others. Whether it's a sales person or "Success Advisor" from Inc Authority, question why they want to "help".
did you get a refund? cuz we just did that too
@@EmboBat it’s a 60 day money back guarantee
Only $400. They tried to charge me $800..…...needless to say I hung up!
I have a question my office is in an apartment building 10 miles from my house. Will that be an issue since it’s not an actual office office? even though it is in downtown
You don't have to run a business from an official office. For instance, a home-based business run from a spare bedroom or the garage isn't an "office." If you are looking at the qualifications for a registered agent address, the only things that are important include having a physical street address and that there is a adult generally at that address during normal business hours.
Hope that answers your question. Let me know if you have any others!
Greg
Good day!
I am planning to sell on Amazon, but I am from the Philippines. The barriers for me to enter are high due to my nationality and location. From the videos I have seen on TH-cam, some people use LLC formation services to have an entity in the United States, but from watching your video about "Inc. Authority," I have learned that some of the services they are trying to sell are not needed. Could you please give me some advice? Thank you!
There are two other LLC formation services that I like better that only charge the state filing fee, which are Incfile and ZenBusiness. Also, you don't have to use a formation service because you can file directly with the state. More information on how to do this at each of the states is here - startingyourbusiness.com/how-to-form-an-llc/
hey man, thanks for the video, i am looking to start a business currently that will be primarily online i to test different way of making income through the use of different DBAs and once something is profitable i will break it off into its own LLC. the dilemma i am having is weather i should open my LLC in the state i currently live in (virginia); the state i technically am a resident of (Florida) i am active duty military on orders in VA OR; should I open it in a state like NV or Wyoming due to the benefits of having an LLC there ? this business will be primary online so i don't technically plan on generating income in any physical location, again thanks for the video and any input you can provide to me.
There is a lot to consider (and I'm not an attorney or accountant mind you), but a big consideration, even for an online business is taxation (both business and income). This article may help - startup101.com/best-state-to-form-llc/
@@_StartUp101 thanks!
Thanks for the review buy how can I form an LLC outside of the United States the best way?
It's been a long time since I have navigated this, and I don't want to steer you in the wrong direction. Northwest has what looks to be good information - www.northwestregisteredagent.com/llc/non-citizen, but it may be worth consulting with a CPA to get specific advice.
are there ones that provide free registered agent for the first year.
Thank you so much. I had someone call me and insised that I pay addtionally $449 for their compliance bundle..
I bet they wanted to insist you pay for that :) Glad you didn't!
@@_StartUp101 yes, he said I need those additional in order to protect my business and avoid paying penalties..
You shouldn't have penalties when first establishing an LLC, but let me know what all is included and I'll try to give you some feedback (that doesn't involve paying $449).
I've been with them for 7 years do I still need them $500 a year
The same thing happened to me yesterday. I've filed an LLC with Inc Authority in the past and I never had a sales person aggressively reach out to me like that before. I felt a huge red flag go up when he was demanding another $300 but really $400 for a compliance bundle while using a scare tactic of being fined by the government if I don't!
I paid for incfile silver package that includes the state fee, do i still have to pay another $125 for Official Authenticated Formation Document on the njportal for business formation?
I'm assuming we are talking about the same document, but Bizee (who was formerly Incfile) will file the Certificate of Formation form, which is the state paperwork to register a new LLC. Once it's approved, you will get an official document back showing the LLC is registered.
Thanks for the info!!!
This is super interesting. Im looking to start my own drug testing business and phlebotomy. Just like a LabCorp for different types of drug testing. Wether it be for a job or something different. Any tips on that would be cool
That is a type of company that I don't know much about, but imagine there is a lot of potential. Requirements probably differ in each state depending on what services you offer, but while I would have thought there would be a lot of requirements, I can't recall any specific state licensing for this kind of business. Keep in mind, though, that I haven't searched for this specifically and may be totally wrong.
Before starting this type of business, have you talked to potential customers to see what they like and don't like with the existing vendor? It may be hard to compete on price against the large companies like LabCorp, so what can you do better or different? If you don't have a lot of experience in this field, working for one could give you a lot of insights. Another aspect of this type of business would be knowing how to bill insurance to get reimbursed. There is a bit of a process to get set up and understand how to do medically billing right to get paid quickly.
A bit of rambling, but hopefully there is something helpful here!
Greg
I want to start a company but I don't want to mix my full time job income with a my company's income, is it better C-Corp or LLC?
Both a corporation and LLC are separate legal entities so they wouldn't mix funds, but one of the nice things about the LLC is you can choose to have it taxed like a corp. There are two choices of corp taxation which are C corp and S corp, but it may be advantageous to have it taxed like a sole proprietorship until you are making $40k or more in profits. The actual number varies by person, but is where an accountant can come in handy to help figure out which is most beneficial. This article may be helpful -startup101.com/llc-vs-corporation-whats-right-for-you/
As an FYI, you can set up as a sole proprietorship and open a separate business bank account to keep funds separate. At the end of the year you are going to file a Schedule C tax form, which reports your business income separatley from your personal income.
Regardless of which entity you choose, the profit or loss is going to show up on your personal tax return.
This is a complicated subject, but I hope this helps a little.
Thanks!
Greg
Hi dear,
what you recommend for me i can make the LLC by the IncAuthority, this is not scam i am right???
IncAuthority has been around for a long time and many happy customers for their LLC formation service. As, I discussed on the video, there are several misleading statements for their upsells that you should be aware of.
I know you dont know me i think they are a scam I got my tax numer at a costly price.250 last year December 07 2022 250 they charge me now another new years they want another 250 they even threatened me if i didnt pay up they would terminate my tax number The thing is it is registered in my state of North Carolina. what would you do my business not even on the market . Pollyblackburnceollc it on Google i didnt put it there please be careful with these people
Hello, what about a ownership/member certificate? Is that required? I would be the only owner.
An LLC ownership or member certificate is essentially the same thing as a share of stock. It's not required, but if you have multiple investors or members, they may like one. As a single-member LLC, it's not necessary.
There are a few ways to prove ownership in an LLC. The most common is in the LLC Operating Agreement, where each member's roles, amount invested, and percentage of ownership are recorded. In some states, a member's ownership is also listed in the Articles of Organization (when first forming the LLC) or in the Annual Report (when updating the entity with the state).
You can get inexpensive certificates from Amazon for around $20 - amzn.to/3HQRVJl
Hope this helps!
Greg
@@_StartUp101 Yes! Thank you!
Very helpful information thank you
Ok thank you!! They called me nd having me pay $418.95 nd when they called me I was like y is it more than what I have to already paid for they said I didn’t have most important documents I was going to pay $200 something thank you that I came across ur video!! Hope I make sense 😂
Glad you caught that in time. That $400 would probably be enough for a local attorney to put together customized documents for most small businesses.
Same to me I’m dealing with it rite now they filed my name wrong and tried selling me a duns number for 3000$
@@ZiGZaG.90 There are a lot of people who charge crazy amounts for a DUNS number (and not many people actually need one). There are a few steps, but the number is free to get - www.dnb.com/duns/get-a-duns.html
Yes thankfully i knew that much before I filed. But when speaking to the man over the phone after I filed I fell for the $400 up sell because he told me it was important for me to do so that my LLC file with the state would be legitimate and just a bunch of nonsense. Me not knowing any better gave my card number. I even asked if it’s a free file (not including state) what am I paying $400 for and he basically said it’s all the legal stuff that I will be needing down the road. Now I know what it was and after complaint after complaint I spoke with one of there reps who basically told me I have to wait until January to part ways. They even submitted the wrong entity name on behalf! Could you perhaps provide some insight on how I can correct my name through the state. I’m in Florida
@@ZiGZaG.90 Fortunately, this is a pretty easy fix. To change your LLC name, you file the Articles of Amendment form and pay a $25 fee to the Florida Department of State - form.sunbiz.org/pdf/cr2e049.pdf
Sorry you are having to go through all of this!
since they have free registered agent, should I go with Inc Authority. I don't want there upsales too.
Bizee has a no-cost plan and a free registered agent too and I think they are a better company. Here's my review - th-cam.com/video/xcwiZI_qgwY/w-d-xo.html
To form an LLC, should I hire an accountant or a lawyer?
Most accountants will help with an LLC formation. A lawyer, while the most expensive, is the best option. They will not only file the formation paperwork, but they will also create customized documents (like the operating agreement) that will provide the best protection for the entity and its members.
You can also file the LLC paperwork yourself. I have guides that show you how in each state - startingyourbusiness.com/how-to-form-an-llc/
Hello I filed with Inc Authority and there trying to Upsell me a LLC membership Certificate and a legal separation document says without these documents that my business won’t be separated from myself and I won’t be protected I’m a single member not sure why I need these documents but any idea where I can purchase them at for a better rate ?
The LLC is what creates the legal separation between the member and business. A membership certificate is not required, but is a nice looking document that shows an individual's ownership in a company. Pretty easy to figure out as a single-member LLC :) I'm not sure if this is the doc your rep was talking about, but a separation agreement outlines the terms for how a business would be valued if one of the owners wanted to sell. As a single-member LLC, you wouldn't obviously need one.
These documents aren't required, but if you want to get them and put everything in one place, Amazon has an LLC binder - amzn.to/3vjl5hu
Hope this helps!
Greg
I am having the same thing happen right now. He kept saying that I’d forgotten to fill out those two forms and that Calif requires them and it’s an extra $300.
@@tamiingram5862 Me too like omg- I was like if those forms are needed to be compliant why are they not included with the filing for free? I told them i would look into it myself and get back to them.
Well there seems to be a pattern here. I ve been researching for the past couple of hours for a company to register an LLC and all I read are either fake reviews or horror stories. I wonder if there is anyone trustworthy out there just doing their job???
There has definatley been a rise of "gurus" who make a lot of money recommending entity formation companies.
As an alternative, here is info so you can learn how to do it yourself in each state. Most states are pretty easy to do. startup101.com/how-to-form-an-llc/
Damn, they are really REALLY pushy. Kept me on a call questioning me as to why I couldn't afford their packages lol
Omg please help this company do not keep up with nothing they say. I was up sold they created a website for me that never worked and kept charging me per hour just to fix there mistake
I'm sorry you had issues with them.
Ink Authority made me a website builder my email dosent wrk that they made they have suspended my tax number bad part they wanted me to pay another 250 i already paid last december 22. pollyblackburnceollc is on the google market. Im afraid to use it now they are threating me
I just got called and they aound legit buy they want to charge me between 500 to 1200 for some add services. And that terrified me specially because my sis just paid like 200 in incfile. And told me that the bussiness company will call me later to pay 3500 to create my business credit.
Also they 1200 package guaranteed I will get a score of 80 between 3 to 6 months
I'm not sure what all is included, but that sounds really expensive.
There are a lot of companies that promote business credit and most small businesses don't need it. Business loans are based on the on owner's personal credit, history of the business (of course new businesses have no history), and collateral. Great business credit isn't going to help, unless your business is going after non-recourse debt (meaning the owners aren't personally responsible to pay it back), which most banks aren't going to do.
Business credit is useful for some businesses, but it's normally used to get large lines of credit from vendors and suppliers. Unless you have a specific case, it usually isn't worth messing with and definitely not paying for.
Appreciate your vivid review
You're welcome! Let me know if you have any other questions!
I feel so sick. I have paid over $1000
Inc authority wants me to renew annually could you do a video on that once I get an LLC I should have to renew anything right?
Each state is different, but most require an annual renewal. This video, You have al LLC, now what should be helpful th-cam.com/video/3aUt5kt7-I4/w-d-xo.html
Please dont pay nothing the tax number are free form IRS i was stupid for going through INK Authoity i didnt know it was free . they keep threatening me they would terminate my llc liscence or tax number Hang in there
damn bro I should've done researched I knew I I didn't need none of those packages I only bought the legal documents package and that made the price go higher when I didn't need it the total was 384$
Could have been worse and hopefully you can put the legal document package to good use!
@@_StartUp101 hey man is their a way to contact you privately because I need a lil guide through on what actual documents I need after setting up an llc because they called me just now saying the package I bought which was the ownership package he said their able to for an extra 299$ and I was confused on what to do and now he said I would have to do it on my own but he doesn’t recommend me doing it if I don’t know the legal language so I just want to know like what I actually need after setting up an llc because I’m kinda confused right now
@@BigMystic Our state guide should help a lot here - startup101.com/how-to-form-an-llc/.
About halfway down the state guides, we have a section on what to do after forming your LLC that covers the paperwork you typically need.
Thanks!
Greg
@@_StartUp101 ok thank you
I had a bad experience with inc authority. They are not professional at all.
I'm sorry you had a bad experience. Hopefully the damage is minimal and you can continue with your business!
Good morning you are right but theres nothing we all can do Im not paying anything more if they want to close my tax number then they can its not even on the market Pollyblackburnceollc only listed on Google i didnt put it there
I should have listen to you before, I was scam. Lost 500 dollars. I want to sew them
All they do is upsell, and try to take advantage of new business starters, dont use them. My experience has been very mediocre.
Thanks for sharing letting others know your experience!
I already paid incAuthority $169 for My Handyman Business $100 for the state of Georgia and $69 for My operating agreement. I was so excited and just waiting for the state to approve Me so I could get out there and start making a name for Myself and making a living UNTIL I got that phone call where they put the brakes on all that real quick by telling Me I NOW have to pay another $300 to officially have My LLC with a bunch of other BS. Now then... is there ANYWAY now that I just watched this video to get refunded and do things differently now that I'm more educated. I really feel like a Dumb@$$ and would love nothing more than to Be an OFFICIAL LLC Owner and get to work.
They won't likely refund the $100 filing fee since that is paid to the Georgia Secretary of State. Once the articles of organization are filed the LLC is live and active. There are a few other things you will need to look at after the LLC is formed, but it these have nothing to do with the LLC itself.
One thing you may want to do is see if the LLC is active on the Secretary of State's website -ecorp.sos.ga.gov/BusinessSearch. This way you can see if the the LLC has been registered.
I have a list of things you may need to do once the LLC has been registered - startup101.com/georgia-llc
Of these, the EIN may be required if you want to be organized as a partnership, or taxed as a C or S corporation.
The Beneficial Owner Information (BOI) report is a new requirement for all LLCs and corporations.
You will also want to look at any licenses and permits, which would be required of any business, regardless of legal structure.
My guess is that the $300 fee is the EIN, BOI, and operating agreement. That would be pretty high, though I show you how to do these yourself, and all are free.
While working with IncAuthority may be been less than ideal, it's a small bump in the road. It may end up taking a little longer, but you will get through it and on your way soon!
Let me know if you have any other questions!
Greg
Hi i need help with my business and im with inc authority my business is international bakery cafe/ mini factory. I beed help with start up funding
Funding is one of the hardest challenges in starting a business. I have an article with many sources for startups that may help - startup101.com/finding-the-money-to-start-a-business/
I just created an llc with inc athourity. Can I change my address ,email, and phone number that was submitted to the state?
Every state will allow changing your contact info at any time by submitting a form and paying a small filing fee.
Thanks!
Greg