Starting a Business Takes Passion
And we’re just as passionate about helping along the way. Put our experience to work for you. We’ll do whatever it takes to ensure your business begins with a solid foundation.
Here are a few steps to consider when getting started.
Why Start a Business
Experience tells us that those entrepreneurs that pair passion with expertise are most successful. In other words, build a business around something you really enjoy and know something about.
Test Your Idea
Run your idea by trusted friends, relatives or business acquaintances. Garner insight from objective third parties and understand the industry in which you operate.
Create a Business Plan
A business plan is a must when seeking financing and is every bit as important if financing is not required. The plan outlines your management team, product lines, strategies, target audience, financial milestones and much more. Our Small Business Development Center can provide guidance in assembling the plan, developing pro forma statements and research on various industries.
Register Your Business
Maryland’s Online Business Registration site allows you to research and choose a business structure or legal entity, establish tax accounts, research needed licenses and much more.
Secure Capital and a Business Location
We are well-versed in various local, state and federal financing programs and will be happy to explore sources for the capital you require under rates and terms that meet your needs. We’ll also help find the perfect site to launch your business. As part of our entrepreneurial ecosystem, Wicomico is home to a small business incubator, an entrepreneur center and co-work space. These entry points may allow you to mitigate cost while collaborating with like-minded entrepreneurs.
Open Your Business
Congratulations! Open your doors and recognize that we’re with you every step of the way!