How do I start my business?
You must decide on what you want to do and see
what competition is in you business area. Sit
down with a lawyer and/or an accountant to
determine how much money you will need to get
your new business of the ground and running.
Most likely they will work with you on a
business plan that maps out the different
aspects of your business and financial needs.
What kind of business entity should I form?
There are numerous type of business entities,
from an LLC, Close Corporation, Partnership,
Sole Proprietorship to name a few. Each has
their own advantages and disadvantages. Your
attorney and accountant will look at your
business and propose the best business type for
How to select a name?
You can do a national check on registered names
and trademarks. You can also call your local
state corporations office and check name
availability. Many states are now on the
internet and you see if your business name is
Do I need insurance?
The safest thing anyone can do is have business
insurance. It can provide you with a wide
variety of coverage that can protect you and
your personal assets from possible attachment in
case you suffer and injury or sued for damages.
Maryland business lawyers who understand what
you need to do to protect your interest in the
business world. Our Maryland corporate lawyers
are ready to help.