Asked Questions ~back to top~
do I start my business, what are the first steps?
first step should be to attend our Smart Start: Entrepreneur 101
class. This informative course will help you organize your ideas,
network with other entrepreneurs and provide you with all the documents
youll need to file to get your business moving on the right
track. An experienced counselor will answer your questions and help
you navigate through the paperwork and help you determine which
forms youll need and how to fill them out.
do I register a business?
The link below
will take you to the Maryland Department of Assessments
and Taxation's website. This page contains information about the
registration process, the forms necessary to register a business
as well as the fee schedule. If there are any questions, please
feel free to contact us. Click Here
services does the SBDC offer?
Maryland Small Business Development Center Network (MDSBDC) assists
entrepreneurs to establish, manage and expand their businesses by
applying the latest technology and proven methods to counseling,
training, technical assistance, research, and other specialized
services. Most of these services are provided at no cost to our
Established in 1988, The MDSBDC Network is a partnership between
the US Small Business Administration, the State of Maryland and
the University of Maryland College Park. This partnership links
private, enterprise, government, higher education and local economic
development organizations to provide management training and technical
assistance to Maryland's small businesses.
need a business loan, how can the SBDC help?
SBDC has relationships with area financial institutions and other
sources of state funding and can help you determine which program
will best fit your needs. Well package your loan and submit
the package to the financial institutions. Though we cant
guarantee that youll get funding, we can work with you to
ensure your documentation is presented in the best possible light.
do I get an appointment with a counselor?
to calling our office you should have a business plan. This important
document will help you organize your thoughts and establish a vision
for your business. Remember, if you cant define your business
on paper, it will be harder to sell your idea to customers! Providing
a plan will give our counselors a better idea of where youre
going and help them provide relevant assistance. If you dont
have a plan consider attending our business plan writing class,
"Demystifying the Business Plan" or need help editing
one, call our office to sign up for one of our FREE business plan
If you have a completed business plan or are an established business
and need assistance in a specific area, call our office to schedule
an appointment. Prior to your appointment, you may be required to
fax or e-mail your plan for review by one of our counselors.
do I need a business plan? I know what I want to do and Im
ready to get started!
of the business plan as a road map for your business. Few people
would consider taking a long distance road trip without first mapping
out their course. Its the same thing with a business. To successfully
arrive at your business destination, youll need a detailed
map. Writing a plan helps you organize your thoughts, and allows
you to consider various aspects of the business and how you will
accomplish certain tasks: Marketing, cash flow, etc. Our goal at
the SBDC is to do our best to ensure each business has the proper
foundation and tools for success and we believe that the business
plan is vital to the process.
the SBDC write my business plan?
No. We believe that no one can tell your story better than you. It is important that you understand fully what will be involved in running your business and anticipate how you will address certain issues. If you already have a rough draft and need help, consider taking the Developing a Business Plan online course in the MDSBDC Virtual Classroom. If after looking and attempting a business plan you still feel you need help, consider taking our seminar called “Writing A Winning Business Plan.” See our training calendar for details.
there grants available to start my business or expand my business?
Click Here for
more information on available grants.