Franchise I believe. 

Looking at getting a passive franchise, maybe some wear houses. 

Lee arnolds is the best, they fund realestate, mix use projects and franchises etc.

I'm debating on growing my own business from the ground up or potentially starting a franchise.   

And keep paying $800 a year franchise tax?

In CA, that also means you're paying an additional $800 franchise tax fee per year.

Franchising played a huge role and many people became proud owners of McDonalds. 

@J Shoe I will start by saying consult with a personal attorney and CPA (and have them work together.)Typically people buy in an LLC just to keep their name off the record and for asset protection and operation agreements.As a sole investor a lot of people will buy in their personal name so they can more easily obtain quality financing, and then move the asset into the LLC.A lot of people of California use trusts (DSTs) to hold the asset, so they are not contributing to the problem of over taxation in CA, as CA has a franchise filing fee of $800 every year for each LLC.Just some things to think about, but find the professionals that can tailor a system for you personally.Cheers

  - if you're buying and selling in California, just know that the California Franchise Tax Board scrutinizes 1031 exchanges more than any other agency in the US, even more than the IRS. 

It is for a down payment on a franchise to then turn around and support the MHP with painting services.