Business Resources Resources for your business I'm looking for information on Starting a Business Global Expansion for Maryland Businesses Funding Programs Workforce Business Regulations Building & Sites Maryland Stats & Data Government Contracting Networking & Support Minority, Veteran & Women Owned Businesses Entrepreneurship Defense Business Growth International Expansion in Maryland BACK TO ALL RESOURCES Starting a Business Find resources to support your business. Determine what Type of Business to Start New businesses must identify in a business structure. According to the Maryland Department of Assessment and Taxation, the four most common business structures are the sole proprietorship, partnership, corporation and limited liability company. Each structure has certain advantages and disadvantages. Choosing the appropriate organizational structure for your business is one of the most important decisions made and may require advice from an attorney, accountant or other professional advisor. VIEW MORE How to Register a Business Maryland businesses must register using the Maryland Business Express portal, administered by the Department of Assessments and Taxation. The portal offers a step-by-step process to register a business online. Find out if you Need a Business Permit or License Many businesses require permits or licenses to operate. In addition to business licenses, you, or the professionals you hire, may need individual occupational and professional licenses. Once you have registered your business, search Maryland's statewide licensing database and county licensing database to see what’s required. If you have specific questions about statewide licenses, or the status of your license, contact the Department of Labor. Establish Business Tax ID/EIN New businesses must contact the Internal Revenue Service to register for a Federal Employer Identification Number (EIN), which is necessary for business and employee withholding, federal unemployment insurance, and other tax scenarios. EINs can also be established through Maryland Business Express when you register your business. Develop a Business Plan A solid business plan is a critical step to starting any company. The U.S. Small Business Administration (SBA) provides detailed resources on business plans. The Small Business Development Center Network and SCORE also provide guidance on creating a business plan. Other Topics for New Businesses These resources may also be helpful to new businesses: VIEW MORE “We moved to Maryland because of the location and the resources. The team here in Maryland has been exceptional to us.” Jonathan Hunter, CEO, Department 13 READ SUCCESS STORY Can't Find What You're Looking For? Learn more about what Maryland has to offer your business. CONTACT US HELPFUL LINKS Maryland Department of Commerce Business Events Calendar Register - Maryland Business Express MDBizNews Blog Available Buildings & Sites Visit Maryland - Tourism SIGN UP FOR OUR NEWSLETTER Copyright 2021. Maryland Marketing Partnership|All Rights Reserved|MarylandMarketingPartnership.com