Answer:1. Budget
Yes, the cost of the LLC formation services is important, but it should not be the only thing you focus on.
With that said, many startup LLCs will be working on extremely tight budgets, and they simply cannot afford to spend on all the bells and whistles that LLC formation services offer through upsells.
But before you pick the cheapest company, make sure you compare the costs for the first and later years. Business formation services regularly offer incentives like a free operating agreement and registered agent service in the first year.
What they charge in the next year can be very different, and it wouldn’t be uncommon to see differences in the hundreds of dollars.
2. Legal Support
Depending on what industry you’re planning to operate in, you may need more than just an LLC formation service.
Yes, you need to create the new legal entity first before you can start offering services under it. But you also need to consider what you’ll need on an ongoing basis.
For example, a realtor will likely have to exchange legal contracts with buyers, sellers, and other vendors on a regular basis.
Or you might regularly hire new and different employees or contractors that require employment contracts.
If that’s the case, then pick one of the LLC formation services that also offer legal advice packages.
3. Turn Around Time
LLC formation services also give different turnaround times.
It’s not that they can influence the various state agencies to speed things up for you. That part works on a first-in, first-out basis.
But for extra fees, they will bump your application to the top of their queue, which could end up saving you 10 to 20 days.
If you already have new clients or vendors lined up for work, then you don't want to waste more time than you have t
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