MyCompanyWorks LLC Operating Agreement Review

An operating agreement can prevent ownership disputes by clearly defining several important operational aspects of the company. You can always draft one yourself, but we prefer getting some professional assistance. On the other hand, hiring a lawyer provides unmatched expertise in creating your operating agreement, but it can be extremely expensive.

Our preferred option is using an operating agreement service, especially if you haven’t yet formed your LLC. MyCompanyWorks is one of the most popular companies for LLC formation and operating agreement service bundles, due to its affordable pricing model and positive customer feedback. Let’s dig into the details of this service to find out if it’s the right one for you!

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An Overview of LLC Operating Agreement Services

Some companies offer operating agreement templates that you can fill out yourself. Meanwhile, some competitors provide full-service LLC operating agreement services, presenting each customer with a complete, fully customized document, usually at a higher price point.

If you still need to form your LLC as well, the options only get more intriguing, as there are several highly reputable companies that bundle LLC formation and operating agreement services together into money-saving bundles.

With MyCompanyWorks, you can purchase an LLC formation service package that includes a full-service LLC operating agreement. While MyCompanyWorks does not offer operating agreements for standalone purchase, we think this bundle is an appealing bargain. Why? Read on to find out!

MyCompanyWorks LLC Operating Agreement Service Review

Let’s quickly review its pros and cons before we dig into the details.

Pros

  • Affordable pricing model
  • Positive customer feedback
  • Highly responsive customer support
  • Satisfaction guaranteed

Cons

  • No standalone operating agreement available
  • Uninspired offering for some other services

The MyCompanyWorks LLC Operating Agreement Package

With MyCompanyWorks, you can’t just order an operating agreement by itself. Instead, this service is only available as part of an LLC formation service bundle.

For $59 (plus your state’s fee), MyCompanyWorks will form your LLC, create your custom LLC operating agreement, and provide access to its company alerts system that keeps your business informed of important due dates and filing deadlines.

Overall Pricing and Value:

MyCompanyWorks offers one of the most affordable packages combining LLC formation and operating agreement services.

At $59, MyCompanyWorks’ price point for this bundle is quite competitive. It’s actually the lowest rate we’ve seen for this combination of features. However, there are some competitors (like ZenBusiness) that provide more valuable features in LLC formation and operating agreement bundles.

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 an impressive customer feedback reputation. We found nearly 4,000 reviews of its services, and MyCompanyWorks still holds down a strong 4.9/5 average rating score, indicating widespread acclaim from its customers.

Customer Support:

MyCompanyWorks has a big 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 an operating agreement service is to make the process more convenient than it is to create your own, while also saving you money over hiring an attorney to create it.

Thankfully, with MyCompanyWorks, the process of ordering your LLC formation and operating agreement service bundle couldn’t be much simpler. All you need to do is enter some basic information about yourself and your business and they’ll take care of the rest!

How Does MyCompanyWorks Work?

The only way to purchase LLC operating agreement service from MyCompanyWorks is as part of a bundle with business formation service. With this in mind, let’s walk through the process of ordering this package from MyCompanyWorks.

  • Choose a package: The very first step you’ll complete with MyCompanyWorks is to build your package. This includes selecting your state, company type, your package, and any add-ons you want to use. MyCompanyWorks makes it really clear what your price is throughout the entire process.
  • Enter information about your business: You’ll need to include your contact information and information about the company itself. For example, you’ll list your name, your business management, your registered agent, and more. This is the most time-consuming step, but it’s what makes it possible for MyCompanyWorks to form your business and create your operating agreement for you.
  • Review and pay: MyCompanyWorks gives you one last chance to confirm your order details before you pay. You’ll need to have a credit card on hand, too.

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 outstanding 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

MyCompanyWorks is a good choice for combining LLC formation and custom operating agreement services. We appreciate their pricing model for this bundle, as well as their positive customer feedback. That said, they don’t offer LLC operating agreements as standalone products.

If you want to take a look at MyCompanyWorks’ competitors for LLC formation and operating agreement bundles, or you’d rather check out some options for full-service operating agreements or templates, our guide to the best LLC operating agreement services has the information you seek.

Disclaimer: The content on this page is for informational purposes only, and does not constitute legal, tax, or accounting advice. If you have specific questions about any of these topics, seek the counsel of a licensed professional.