Busy
An online service that helps individuals and businesses set up LLCs and other business entities.
Why It Works
Busy simplifies the process of forming an LLC, making it accessible and efficient for entrepreneurs.
Revenue & Traction
Charges around $200 for setting up a new entity, with additional costs for registered agent services.
Founding Story
Not mentioned in the transcript.
Business Playbook
Quick entity formation process that allows users to set up their businesses within 15 minutes.
Why this works now
Most entrepreneurs assume forming an LLC requires extensive legal knowledge. Busy counters this with an easy-to-use online platform that guides users through the process, capitalizing on the growing demand for simplified business formation. The founders can drive initial revenue by targeting niche subreddits like r/Entrepreneur, where potential customers seek advice on starting businesses. Busy faces a constraint in the form of regulatory complexities that vary by state, which can complicate the service's scalability and increase operational costs.
Additional Information
Busy also provides additional services like obtaining an EIN.
Source
Podcast: Koerner Office
Episode: How Anyone Can Borrow $500K at 0% Interest - Ep. #337
Creation Date: October 6, 2026
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