Before You Start!

This Maryland Business Express site is designed to help guide aspiring and existing business owners through the process of planning, starting, maintaining, and growing their business. However, to ensure your business’ success we strongly suggest you contact an attorney, certified public accountant (CPA), and/or insurance carrier to assist in making these important decisions!

1. Create a business plan

Your business plan is your road map to success. It communicates your businesses’ future objectives and strategies for achieving them.

2. Find funding

Discover the various types of financing available in Maryland to determine the best fit for your business.

3. Pick a location

Whether you’re in the market for an incubator, looking for a research park or need 20,000 sq. ft. or more of industrial or office space, Maryland has the resources to help you find the best location for your business.

4. Choose a Business Structure

Each business type has advantages and disadvantages. The business structure determines the required paperwork, which income tax return forms need to be filed, and personal liability to name a few.

5. Select a Name

Once you've selected your business name, you should register the business name in Maryland.

6. Research Licenses & Permits

Depending on the location and/or industry, your business may require additional licensing or permits to operate.

7. Planning to Register Your Business

Finished with the planning process and ready to register your business? Have the items in this checklist available.