Business ventures are an exciting endeavor that reap many benefits, but require precise planning and organization in order to keep it successful. A successful business is the ultimate objective; however, hard to acquire due to the complexities involved. Aside from establishing a successful business venture, legal and accounting aspects are an integral part of its foundation. Business ventures evolve, requiring an in depth plan and explanations of accounting and tax implications that shift with its evolution. Flatirons, Inc. is an evolving business venture that necessitates an in depth plan to assist in its evolution by addressing the new shareholders’ structure, accounting and tax implications and new corporate procedures.
