Congratulations!You just passed the bar and returned to you home town, a small southern town called Po-Dunk.You set up a small office, and you are nervous as to how you will generate business.Low and behold, the first client walks into your office with the following story.

I'm Billy Bo from down yonder down the street there (I am from close by).I have a problem I need yer (your) help with.In my spare time when I aint (am not) hunting or eating BBQ, I like to invent stuff.I believe my most recent invention is really going to be a hit.I have invented Swamp Thing, a fragrance that allows both men and women to keep that fresh from the swamp feeling all day long.I have sampled Swamp Thing to other Po Dunk-ens (Po-Dunk residents).I also got the manager of the Po-Dunk General Store to sell it on a test basis.Both the sampling and test marketing did real gud (were successful).I have firm commitments from the General Store and Wal-Marts with in a 30 mile radius that once the Swamp Thing is in full production, they will stock it.

Also, all 115 of my cousins from here, there & yonder (all my cousins from nearby) have agreed to be potential investors.Each has agreed to invest $500.Don't nan (none) of my cousins want to be involved in the business, they already got (have) jobs.Further, they all won the Po-Dunk Lottery four pay days (eight weeks) ago.They are real concerned about their newfound ducketts (money) and would not want to lose it.

Do I need to anything special or just take their ducketts (still money) and git r dun (start production)?

Your task is to draft a memo to Billy Bo expressing your opinion on what you think he should do as it relates to the organization of his business.You should make a recommendation as to which business form he should choose.Be sure to discuss all available alternatives.You may wish to use examples and scenarios to help Billy Bo understand.