ENTITY TYPE ANALYSIS
Get your business structure right the first time
Expert entity type analysis that sets you up for success.
Start with a strong foundation
Choosing the wrong business entity can cost you thousands in unnecessary taxes and leave you personally vulnerable. Let our experienced team guide you through the entity selection process, so you can focus on what matters most—growing your business.
The entity structure problem
Why most new businesses get their entity type wrong
Here’s a common scenario we see all too often: A bright-eyed entrepreneur rushes to set up their business, picks an entity type based on what their friend did or what seemed simplest, and doesn’t think about it again… until tax time hits or a liability issue arises.
Suddenly, they’re facing:
- Higher-than-necessary tax bills
- Personal assets at risk from business liabilities
- Limited financing options
- Complications with bringing on partners or investors
- Double taxation eating into profits
Many business owners don’t realize that identifying the right entity structure isn’t a one-size-fits-all decision. What works perfectly for your competitor might be a costly mistake for you.
The entity analysis solution
How we solve your entity selection conundrum
Our approach to entity type analysis cuts through the confusion and gets straight to what matters for your specific situation. We don’t just look at today—we help you select an entity that supports your long-term vision while protecting your interests now.
Here’s how we tackle the entity selection process:
- We start with a detailed assessment of your business goals, personal financial situation, and risk tolerance.
- We evaluate multiple entity types against your specific needs.
- We explain the tax implications of each option in plain, easy-to-understand language.
- We consider future flexibility for growth, investment, and succession planning.
- We handle all state and federal form preparation once you make your decision
No more wondering if you’ve made the right choice. With our systematic entity analysis approach, you’ll understand exactly why your selected structure is the best fit for your business.
The advantages of working with Hannegan for your entity analysis
When you partner with Hannegan & Associates for your entity type analysis, you get more than just completed paperwork. You get peace of mind when it comes to:
- Tax optimization: Structure your business to minimize tax obligations legally and effectively.
- Asset protection: Shield your personal assets from business liabilities with the right entity structure.
- Future-proofing: Choose an entity that can grow and adapt with your business.
- Comprehensive support: From analysis through implementation, we handle the entire process.
- Hassle-free setup: We prepare and file all required state and federal forms.
We take the guesswork out of entity selection so you can move forward with confidence, knowing your business is built on a solid foundation.
