Typical customers for these types of scams are small offices with no technical person in the loop.
Whereas our local bank will do it for $10 a month, interchange plus 0.15%, no contract. Versus fees of 3%, 3 year contract.
We had to shred a bad contract (oddly enough, also for a printer / copier) and simply abandoned the LLC and declared it defunct. The service provider never has even showed up to pick up the printer. It was a pay per page contract where they unilaterally raised the price about 200% for no reason.
We also abandoned a water cooler and water cooler service after the vendor simply refused to answer our requests to end the service. (It’s $20 a month. There was no long term contract signed.) Apparently nonprofits are a target for this sort of thing, so we now don’t even mention we are a nonprofit and handle business relationships via the LLC.
It’s absurd things have become this way.
Are there other better vendors for this kind of work out there?
[1]: https://www.amazon.com/Nolos-LLC-Handbook-Agreements-Instruc...
I got this advice to do so from (a) the aforementioned nonprofit consultant and (b) an actual attorney, who does serve as a registered agent, for no fee. He is glad to do so since in the very rare event of a lawsuit, he'll be the one representing us. However, you could also just be your own registered agent if you have an office where people regularly work.
Note that I am not going out of my way to conceal the identity of the nonprofit board members / members of the LLC.
So I get a contract and am told it's been vetted and I should sign it. What I found was outrageous.
- If we cancelled for any reason, including if they just didn't do any of there terms in the contract, we owed the full price of the remaining contract immediately.
- The way they structured it was also as a rental, so we were paying full price for purchase of the equipment embedded into the term of the contract, but it was the vendors equipment, so if we cancelled we still paid them full price for the equipment, and they got to keep it.
- If there were any legal disputes, no matter which party was at fault, my side would pay for all the lawyers.
I said nope, can't do it. And my staff were pissed at me for like a year because everyone just signs those things.