October 14, 2024
The self-employed journey is hard enough without constantly stressing about your back office. Today, we're thrilled to announce Formations' evolution into a complete financial system designed to support self-employed professionals at every stage of that journey.
Because it’s not about how much money you make. It’s about how much money you keep.
A New Chapter in Self-Employed Success
We've worked closely with thousands of self-employed professionals, understanding their challenges, celebrating their victories, and learning what it truly takes to succeed.
Today, we're launching two new solutions, designed to meet you where you are, and grow alongside you and your business.
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“Unlike most solutions on the market, Formations is not a DIY tool that just helps you do what you already knew to do,” said Formations CEO, Shahar Plinner. “Formations is do-it-for-you. It’s software AND experts. We leverage AI, just like everyone else, but we leverage it for the professionals; not the end users. Formations customers are served by professionals and tax experts who leverage the playbook that makes the most sense for them.”
New: Business in a Box
Starting a business shouldn't be complicated. Our new Business in a Box solution provides everything you need to launch your professional business quickly and affordably. From LLC formation to business bank account setup, we've streamlined the process so you can focus on what matters most—growing your business.
New: LLC Management
We built the playbook for establishing an S-Corp, but that isn’t the right move for everyone. From multi-member LLCs to newer businesses with limited income, or a variety of other reasons, we’ve now developed the playbook for LLC management. Our LLC management product handles everything from bookkeeping and expense tracking to tax filing and vendor management.
It's the perfect solution for professionals who want to focus on their craft while knowing their financial foundation is rock-solid, compliant, and optimized to maximize their earnings.
Better than Ever: S-Corp Management
We work with thousands of self-employed professionals each year and help them put an average of $14,801 back in their pocket. We’ve built the S-Corp playbook.
Custom Solutions and Strategy
Every self-employed journey is unique. That's why we've expanded our capabilities to handle more custom and complex projects for established businesses, ensuring that no matter how sophisticated your needs become, Formations has your back.
Your Complete Business Ecosystem
Formations exists to serve the self-employed. Period. And that means partnering with the best to complete your financial picture. Access everything you need through our trusted partner network:
Banking & Finance Seamless business banking through Relay Bank
Payroll & Benefits Integrated payroll with Gusto, plus health plans and 401k options
Real Estate Solutions Cost Segregation and 1031 Exchange expertise
Compliance & Analysis Reasonable compensation and regulatory compliance
Why This Matters
The self-employed landscape is evolving rapidly, and success requires more than just individual talent—it demands a strong financial foundation. Our expanded services reflect our commitment to being your trusted partner at every stage of growth, from day one to year ten and beyond.
Looking Ahead
This evolution represents more than just new services—it's about our commitment to the self-employed community. Whether you're just starting or running an established business, Formations now offers the comprehensive support you need to thrive.
Ready to take the next step in your business journey? Explore our new solutions today and discover how Formations can help you build the business you've always dreamed of.
