LegalZoom.com Investor Presentation Deck slide image

LegalZoom.com Investor Presentation Deck

Lz We solve three important problems for new businesses With a focus on solopreneurs, an often-overlooked segment of customers Forming and maintaining a business entity is a confusing process Entity creation and SMB compliance is complicated, time-consuming and expensive to navigate on your own 44% Of small businesses spend >40 hours each year dealing with regulations (1) 10% Of small businesses are fined for regulatory noncompliance (¹) There are many services required to operate a business once formed ... Right while launching a SMB, a business needs to find the right solutions to operate and grow 94% Don't have a bookkeeping solution at formation (2) (1) 2017 NSBA Small Business Regulations Survey. (2) LegalZoom Magid customer study as of July 2023. 84% Don't have a website at formation (2) Businesses often navigate choices without expert advice due to costs ... SMBs have a fear of navigating complex, oft-changing regulatory and tax matters, but the cost of experts isn't accessible 96% Haven't consulted an attorney at formation (2) 92% Haven't consulted a tax professional at formation (2) 10
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