Business Entity Consulting and Formation

When deciding the appropriate form of business structure for an organization, several different factors must be considered. The most important are (a) the number of participants and their scope of participation, (b) each participant’s adversity to risk, and (c) the tax consequences to the members and entity.

Based on the organizational needs and interests of the various persons involved, the Law Offices of Shaun A. Hannafin will explain the advantages and disadvantages of the different entities and help identify and register the most appropriate structure to meet the needs of the individuals and business.

Business organizations include:

• Sole proprietorship
• Joint ventures
• Partnerships
• C corporations
• S corporations
• Limited liability companies