i want to start a restaurant chain, and eventually Sell Franchises as well as continue to have expand the number of company units.
You are asking a Q that involves liability, tax, franchise, qualification in "foreign" states and similar issues. It's a great Q, but well beyond the scope of AVVO. Engage a business lawyer to guide you; you'll need a CPA too.
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You will probably need multiple entities. On will need to own the IP (such as Trademarks, Trade names, URL) and another will own the first restaurant. When you want to franchise, that will be a separate entity. You can see this can be complex and fact specific and you need a good tax attorney to structure this for you.
I hope this helps!
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I agree with my colleagues that you probably will need multiple entities and a comprehensive plan to structure your business that goes well beyond the limitations of an online forum such as this.
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