CollectiveReviews of collective.com

You've truly helped me get my financial house in order as a new SCorp and business owner. In the past, I did not have a consistent way to track and complete everything so your tools and approach are really working for me. I spend less time financially procrastinating and feel much more secure. Thank you!

If I could give them 4.5 I would…it’s not quite 5 stars because of it took me a while to get set up and I was put on extension. I also think their dashboard is a little glitchy and as a design consultant that’s annoying. The tax season went fine and bookkeeping has been executed as expected at the price point.

Dylan was great to talk to. I'm sure this company would be really good, but unfortunately this company only does solo LLC and not multiple owner LLC. That would have been nice to know before we scheduled a call. ;)

Not a great fit for my current situation but the initial call was very informative and Susana was very kind. Even made a few recommendations for who may work better for me.

Collective is an affordable and powerful solution for small consulting businesses to take advantage to recent changes in the tax code. It's the way i do things now and im super happy with them!

I have worked with Collective for over a year now and I owe much of my ability to run my new business to them. I left my consulting job in corporate America to start doing freelance design and I was like a baby bird who had just hatched from its egg...I had no idea how to fly. After speaking to some small business lawyers, tax lawyers, and financial planners, I came across Collective who seemed to advertise for EXACTLY what I was looking for. I will make a quick pro/con list and a link if you want to try them out. Pros: - HUGE amount of helpful articles. If nothing else, go read everything they have on all of the topics you want to know about (taxes, LLC formation, payroll, bookkeeping, tips, tricks, etc) -Month by month option - this is nice. If you use them for a couple months, maybe you want 6 months of help to get started, you can end your relationship whenever you want. (See cons list too though) - They did everything to form my LLC in the first month or two. All paperwork, all the stuff. I sat back and enjoyed getting letters from the government and running my new business. It was FANTASTIC. - White glove service to start. Meetings and zoom calls galore to get you started. - membership comes with access to library of applications you need to run a business (gusto, QuickBooks, etc) Cons: - I had a bad experience with their personal tax preparation. This is a newer service and not technically part of their business operations but being added I think. Not representative of any previous interactions with them. I've been very impressed but I was thousands of dollars over what the government required me to pay that year. - Ending your membership with them will require you to purchase subscriptions to other payroll and bookkeeping applications and keep your own books. - Plan on 2600 - 3000 a year to use them ( it is a tax write-off however) - White glove tapers off after 6 months or so but its usually the time you're cruising pretty good - Unsure of specific opportunities related to my unique business that I could take advantage of. This may where finding an individual expert could be useful as your business grows. I am looking deeper into this. Honestly, if you're starting out. Have done this before but looking for organized support my experience has been great. I have no doubt that you'll get off and started and there's flexibility to change your plans as soon as you figure out if something better for you exists. Its hard to say there's too many downsides.

When I was first introduced to Collective, I needed some serious organization with my record-keeping / bookkeeping. Collective helped me put a process in place to make my life way easier. With Collective handing these tasks, I've been able to scale my business beyond my wildest dreams and for that I'm very appreciative. Like any growing company, there are growing pains. What's most important is that you update your clients when you have those growing pains and tell them tangible ways that you're improving. This builds trust and loyalty, especially since you are working with business owners that understand it. Moving forward, I'd encourage Collective to find ways to connect with their clients, monthly, and address any needs they might have. I'd also encourage them to continue to make improvements to their tax management. I've already noticed a drastic improvement from last year to this year (including moving away from TaxCaddy) so we will see what this tax year brings. I'd also recommend that they give you a single point of contact ESPECIALLY if your business is growing. I want Collective to grow with me and with their current business model, that can be challenging. Overall, using Collective has been one of the best business decisions I've made. I'd like Collective to continue to evolve by getting feedback from their clients who want them to succeed.