I need help with my irac for my business law class

I need to write a 2 page paper on this factual scenario due on Thursday May 7 at 9am. Times new roman 2 pages double space.

Wallace has won the lottery and wants to topen up his own small business. He has twenty million dollars to put into this business and wants to manage the next best product. First go oveer the factors wallace should consider generally. Second, advise wallace of the various types of business organizations availble to him. Third, pick one of these business organizations for Wallace and his defined product and justify your selection with appropriate legal principles.