Not every limited liability company (LLC) and corporation lasts forever.
Sometimes, your business venture doesn’t work out as you hoped, and the time comes when you need to close up shop. In addition, some companies are only formed for a temporary business goal and shut their doors when that goal is achieved.
No matter the reason for closing your LLC or corporation, the process for shutting down an entity in a compliant manner is known as dissolution. You can dissolve your own entity, but we strongly prefer enlisting the assistance of a professional. On the other end of the scale, you could hire an attorney to dissolve your business, but this can be extremely expensive.
Our preferred route is to hire a reputable dissolution service. These companies can prepare and file your dissolution documents with the state, taking all of the hard work off of your plate. MyCompanyWorks is a good option for dissolution services, thanks to its positive customer feedback and highly responsive customer support.
That said, we know that MyCompanyWorks won’t necessarily be the best option for every business. Let’s review all of the relevant features and attributes of MyCompanyWorks and see if it’s the right choice to handle your company’s dissolution.
MyCompanyWorks LLC and Corporate Dissolution Service Review
MyCompanyWorks is a popular pick for dissolution services, for a handful of reasons. Let’s quickly review its pros and cons before we dig into the details.
Pros
- Solid pricing model
- Positive customer feedback
- Highly responsive customer support
- Satisfaction guaranteed
Cons
- Uninspired offering for some other services
The MyCompanyWorks Dissolution Service Package
For $99 plus your state’s fee, MyCompanyWorks will prepare and file your company’s dissolution documents with the relevant state government entity (usually the Secretary of State’s office). It’s not common to see companies throw in any bonus features with dissolution services, so it’s no surprise that MyCompanyWorks doesn’t include any.
Overall Pricing and Value:
MyCompanyWorks has the lowest price points we’ve ever seen for LLC and corporate dissolution services, at just $99 plus your state’s fee.
Track Record:
MyCompanyWorks is a smaller company than largescale operations like LegalZoom or Rocket Lawyer. MyCompanyWorks has been around since 2001, and it’s served around 60,000 customers, so this company clearly isn’t inexperienced — it just has a lower volume of customers than some of its major competitors.
This company has a positive customer feedback reputation. We found nearly 4,000 reviews of its services, and MyCompanyWorks still holds down an impressive 4.9/5 average rating score, indicating widespread acclaim from its customers.
Customer Support:
MyCompanyWorks has a noteworthy advantage in this category compared to most competitors because its customer support is so responsive. If you contact MyCompanyWorks during business hours, it will almost always respond within 20 minutes. Some competitors make you wait several days to hear back, but not MyCompanyWorks.
That said, MyCompanyWorks doesn’t offer the level of customization or personalization that you’ll get with some competitors, and it doesn’t boast the extended availability of companies like LegalZoom or ZenBusiness.
Ease of Use:
The entire point of using a dissolution service is to make this part of your business run seamlessly with little-to-no effort on your part. MyCompanyWorks certainly fits the bill, as it’s simple to place orders, renew services, and navigate its website.
How Does MyCompanyWorks Work?
The process of ordering dissolution service from MyCompanyWorks couldn’t be much simpler. Here’s an overview of what you can expect when you click the “Order Now” button on MyCompanyWorks’ dissolution service page. Keep in mind that the dissolution process can vary from state to state (and also between LLCs and corporations), but for the most part, it will look like this:
- Enter basic business info: First, you’ll provide MyCompanyWorks with your state and business entity type. Then, MyCompanyWorks will inform you if it needs any detailed information, give you an overview of your expenses, provide an estimated turnaround time, and allow you to choose your return shipping option.
- Provide contact information: Next, you will need to fill in your name, address, phone number, and email address, and also choose a password for your MyCompanyWorks account.
- Fill in business details: The next step involves informing MyCompanyWorks of your company’s official business name, a brief description of its business purpose, the date on which the business was formed, the entity’s filing number, its federal tax ID number (EIN), the principal office address, the name and address of the company’s registered agent, and the name and address of each business owner. Then, you will answer a series of seven questions about your company’s dissolution process.
- Review your info and submit payment: Finally, MyCompanyWorks will give you an opportunity to look over everything you’ve filled in to this point and make any necessary changes. The last step is to provide your credit card or PayPal info and your billing address, then click the “Submit Order” button.
What Are MyCompanyWorks Customers Saying?
By far the largest collection of customer feedback for MyCompanyWorks is found on Shopper Approved, where this company has more than 3,800 reviews and an average rating score of 4.9 out of 5. Clearly, MyCompanyWorks has a satisfied customer base, as it’s nearly impossible to track down more than a small handful of negative feedback.
We found quite a few customers talking about how they appreciate MyCompanyWorks’ user-friendly services, as well as plenty of comments about how much money this company saved its customers.
Our Final Thoughts
Overall, MyCompanyWorks is a good choice for LLC and corporate dissolution services. We appreciate this company’s low price points and positive customer feedback.