Legal Question in Business Law in Maryland
can i operate multiple eCommerce under the umbrella of a business consulting firm? i do not want to invest too much in administrative work if the business ideas are not proving themselves successful.
1 Answer from Attorneys
So long as the articles and operating agreement or bylaws allow for it, yes, an existing business could open up multiple retail shops or sites even if they don't relate to the original business model. The law doesn't care too much if unrelated business endeavors are operated through a single entity so long as the entity is properly registered and complying with its own purpose clauses.
That being said, you may wish to have an attorney review your purpose clause and governing documents. Also, there are a host of things to be careful of when doing business online and any business should be careful to ensure that they register in any jurisdiction where they may be said to "do business" and should also take care to collect and remit applicable sales tax, etc. Those rules would apply regardless of whether commerce was operated through one or many different entities.
Related Questions & Answers
-
My wife and I are looking for an attorney in Baltimore, Maryland to help us purchase... Asked 6/26/19, 11:14 am in United States Maryland Business Law
-
Mother in law receives a monthly payment from a person that bought a family business... Asked 4/06/19, 10:48 am in United States Maryland Business Law
-
I have recently discovered that my employer is commiting business fraud. I have... Asked 1/06/19, 6:50 am in United States Maryland Business Law
-
Greetings. My company has an annual company-wide team bonus that all of the FTEs... Asked 3/21/18, 8:22 am in United States Maryland Business Law