MyCompanyWorks Operating Agreement Review

The operating agreement is an important document for any LLC, as it outlines some guidelines regarding how the business will function. Our preferred option for drafting this document is using an operating agreement service, especially if you haven’t yet formed your LLC. Due to its positive customer feedback, MyCompanyWorks is a popular LLC formation service offering bundles with operating agreement templates. Let’s dig into the details of this service to find out if it’s the right one for you.

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 much higher price point.

If you still need to form your LLC as well, there are several reputable companies that bundle LLC formation and operating agreement services together into money-saving bundles. You can purchase a MyCompanyWorks LLC formation service package that includes an LLC operating agreement template. MyCompanyWorks doesn’t offer operating agreement templates for standalone purchases. Read on to find out more about their offer.

MyCompanyWorks LLC Operating Agreement Service Review

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

Pros

• Positive customer feedback
• Responsive customer support

Cons

• No standalone operating agreement available
• Somewhat expensive LLC formation service offer

The MyCompanyWorks LLC Operating Agreement Package

With MyCompanyWorks, you can’t order an operating agreement template 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, provide an LLC operating agreement template, 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 a reasonably priced package combining LLC formation and an operating agreement template. At $59, MyCompanyWorks’ price point for this bundle isn’t bad, but there are some competitors (like us at ZenBusiness) that provide LLC formation services for free (you’ll pay your state’s fee either way).

Track Record

MyCompanyWorks is a smaller company than large-scale operations like LegalZoom or Incfile. MyCompanyWorks has been around since 2001, and it’s served around 60,000 customers, so this company isn’t inexperienced — it just has a lower volume of customers than some of its major competitors.

This company has a solid customer feedback reputation. We found nearly 4,200 reviews of its services, and MyCompanyWorks still holds down a 4.9/5 average rating score, indicating positive feedback from its customers.

Customer Support

MyCompanyWorks has an advantage in this category compared to some competitors because its customer support is responsive. If you contact MyCompanyWorks during business hours, it will usually respond within 20 minutes. Some competitors make you wait several days to hear back, but not MyCompanyWorks. That said, MyCompanyWorks doesn’t boast the extended support availability we offer our customers.

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 is simple. 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 an LLC operating agreement template 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 first step you’ll complete with MyCompanyWorks is building your package. This includes selecting your state, company type, package, and any add-ons you want.
• Enter information about your business: You’ll need to include your contact information and info about the company itself. For example, you’ll list your name, business management, registered agent (you can designate MyCompanyWorks registered agent service if you so choose), and more. This is the most time-consuming step, but it’s what makes it possible for MyCompanyWorks to form your business.
• 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 4,100 reviews and an average rating score of 4.9 out of 5. 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 viable option for combining LLC formation and operating agreement template services. We appreciate their positive customer feedback. That said, they don’t offer LLC operating agreement templates 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 other options for operating agreement templates, our guide to the best LLC operating agreement services has the information you seek.