New story/main characters mid-game

Hi, I'm trying to think of trying to make a game with 2-3 stories for different characters that branches later on. After finishing the first story, is there a way to start with an entirely new character?

Do you want an entirely new inventory? If you do, then you need a script . Tsukihime,s Party Manager script enables you to have a separate party, or more. I'm not on my computer, so can't give a link, but it's at Hime Works. If you're happy to continue with the same inventory, then just use the remove/add follower from the event command menu.

EDIT

Here's the link  http://forums.rpgmakerweb.com/index.php?/topic/17270-party-manager/?p=167544

Add the new actor, remove the old one... If you want a fresh inventory, you could always just remove all items... but in case that you need them in the future, then Hime's script as stated above could work. That would also mean that you will be using a different party, not just a different actor.