Collective

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3.60
Based on 20 Reviews

5

65.00%

4

0.00%

3

0.00%

2

0.00%

1

35.00%
About Collective

Collective is the first online back office platform designed for businesses-of-one. Collective’s technology and team of trusted advisors give our members the freedom to focus on what matters by taking care of everything from business incorporation to accounting, bookkeeping, tax services, and access to a thriving community- all in one platform. Our members are saving an average of $10,000 in their first year when joining. With Collective, we want running your own business to be as seamless as taking a full-time job. We’re run by a group of serial entrepreneurs and businesses-of-one who believe in empowering self-employed people to enjoy the same tax savings that big companies get.

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Concerned Citizen
GB

Run away as fast as you can Run away fast. 1) Their work is frequently wrong. I've had issues every tax return. If I didnt catch them I would have lost money. The first time they told me to pay $50K in additional taxes when taxes were due. Turns out I was entitled to $30K refund. The second time I caught a mistake, I would have had to pay $20K in extra taxes if I didn't correct 2) Their advice is bad. i end up with a way larger tax return every year than I should, while at the same time incurring penalties. 3) Their communication is bad - very confusing, hard to follow, and hard to get a hold of when you really need them

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Kevin Sofen
GB

Collective makes my life easier and… Collective makes my life easier and lets me focus on growing my business. Starting a business was a big leap for me and Collective helped me crawl-walk-run through the process. I am now 9 months in and running full speed ahead. I have a good workflow of how I work with Collective which takes minimal time. And I love that whenever I have random accounting or tax questions, I send an email to my team (Janet and Jezra are amazing) and they respond almost immediately. Collective is one of my best business expenses every month. Thank you and appreciate your help.

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Ryan Jordan
GB

5 stars for Jennifer Rutledge 5 stars for Jennifer Rutledge 2 stars for Collective’s system and policies Jen was so helpful to soothing my anger about how communication has been and the system they have to communicate with the bookkeeper Aser. Jen thoroughly has been great sharing transparency but not making excuses for the bad experience I’ve had. She even comp a month of services bc I shared after filing for both business and personal taxes I will no longer continue with collective. They have no efficient way of categorizing expenses it’s all do it yourself spreadsheets which leaves room for error even though they have you link your bank statements to a 3rd software party. Gusto is one software Collective is another platform And the book keeping platform. So unifies for 300 a month. Compared to quick books.

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Marissa Goldberg
GB

Stay far away... If you're a creator, stay far away from Collective. Their service is unreliable, and it's impossible to get ahold of one person who is actually able to get anything done. During sales calls, I was promised their tax service would be prompt. I gave them everything they needed mid-Jan and explained I was pregnant (due Apr 1st), so I needed my business tax return ASAP. I was promised it would be prioritized. Instead, it's been over a month, I've been passed around to about a dozen different people, and I still have yet to receive anything I need. Communication is slow. Their dashboard is buggy and annoying to use. I've also received emails from them with other business financial data, so their privacy and security are also major concerns. As a business owner, I don't like having my time wasted. The whole point of turning to this service was to save me time. Instead, I've quadrupled the number of hours I'm spending on the financial side of things because I have to waste so much time chasing them to get anything done. All in all, just a terrible experience, and I wish I'd never used them.

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Lisa
GB

The most patient, helpful team! As a graphic designer, I am the first to admit that I would rather focus my time on creative projects than bookkeeping and taxes. Outsourcing those tasks to Collective the last couple years has been one of my best business decisions. It gave me time back to focus on the parts of my business I LOVE, while knowing that all of my business financial ducks are in a row with Collective managing it all. Their team of experts is so incredibly patient with all of my questions and helped me form my LLC/S Corp seamlessly. I have had the best experience with their services and highly recommend them to any small business soloprenuer. 100% worth the investment.

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