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Unfortunately, not all businesses last forever. If it’s time to close up shop, you might want to hire a reputable dissolution service (which many of the top LLC filing websites offer). These companies can prepare and file your dissolution documents with the state, taking all of the hard work off of your plate.

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
  • Responsive customer support

Cons

  • Somewhat expensive offering for business formation 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 reasonable pricing models for business dissolution services, at $99 plus your state’s fee. However, the MyCompanyWorks LLC filing service costs $59. Here at ZenBusiness, we’ll form your LLC for free (you’ll pay your state’s fee either way).

Track Record

MyCompanyWorks is a smaller company than large-scale operations like Northwest or ZenBusiness. 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 positive 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 a noteworthy 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 availability that we offer our clients.

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 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 is simple. 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’ll 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 employer identification 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’ll 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 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.

Disclaimer: The content on this page is for information 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.