Small businesses are the lifeblood of Maryland's economy. Therefore, it is a great destination for those who are looking to start a business or expand their existing ones. The current total of small businesses in the state is a little less than half a million. As of 2018, the small business industry has employed up to 2.3 million people. With a population of 6.04 million, this is a huge percentage in terms of employment.
With a positive outlook for the state's economy, this is also the best time to set up your business. One thing it has going for it is that women-owned businesses are thriving in Maryland. The percentage of businesses operating in the state that are women-owned is 39.5 percent. From this number, over 20 percent of them have paid employees!
The state ranks 8th in the US in terms of the venture capital deals. In terms of the total value of those deals, it is 15th in the US. Baltimore is one of the best cities in Maryland to choose as your business location. While it has been depicted by the media as experiencing major economic struggles, it is farther from the truth. It has consistently ranked as one of the best startup cities in the US. For business insurance related info please refer to our more in depth article.
At the request of our visitors we've included the below local insurance contacts for most cities in Maryland. Finding low cost auto insurance on your own isn't an easy task, especially with the number of insurance companies out there. The Maryland Department of Transportation requires all car owners to have Bodily Injury to Others and Property Damage Liability Coverage. You'll be pleased to know that our contacts will not only help you to secure quotes at the most affordable rates, but they'll also help you use discounts by bundling different products. Using these contacts to compare multiple prices is the best way to find cheap car insurance in the state of Maryland. For additional information on traffic laws or driving schools please navigate to your respective state using the map. And for manufactured home insurance, please refer to the respective article.
This small state wraps the Chesapeake Bay. Despite its size, however, it is a home to a wide variety of tourist attractions. Maryland's topography is quite diverse, contributing to its nickname "Little America" or "America in Miniature". It has pine groves in the Maryland Mountains and rolling hills of oak forest in its Piedmont Region on its west. Along with large bald cypress, sea grass and low marshlands near the Chesapeake Bay, and sandy dunes on its west. That means it has long beaches, mountains, lakes, and waterfalls, and gorgeous walking trails.
As with most East Coast state, Maryland's flora and fauna is abundant and healthy. While Annapolis is the state's capital, Baltimore is the largest city.
The state played a huge role in America's history; hence it's most famous attractions are museums and monuments namely the Fort McHenry National Monument, Baltimore Museum, and the Walter's Art Museum.
The highest percentage of the state's workforce is in the service business industry. The "new economy" of aerospace, biotechnology, and information technology, however, are on the rise. The state is also the leading producer of crabs.
Register LLC in Arizona - Guide
© State & Local 1995-2023