Poppy and Fern have come to see you about their new start-up. They have been running a food truck that sells Belgium frites. The truck has been doing pretty well and they have many loyal customers. They would now like to go to the next level by opening a proper restaurant that combines their award winning frites with Belgium beers and mussels. They have a shared pot of $60,000 in cash once they sell their Truck.

They have an investor named Daisy who can offer $20,000 of her savings as seed capital, she wants to protect her investment, get some return, give advice, but doesn't want to be involved in the day to day running of the business.

They want to name the restaurant Flower Frites, and possibly franchise the name at a future date if the business goes well. They also need another $20,000 to get the final batch of equipment for the restaurant.

Advise them on what business form to choose that would best suit them, advise them on how to protect Daisies' investment and how she would get a return, also how to raise more money and proceed with the next steps.