A business plan is an essential document that performs multiple valuable functions if you want your business to get off the ground and succeed. You must create a business plan to get financing for your company. Potential investors or business partners will want to see your business plan before partnering with you or investing in the enterprise.

If you have been pondering the possibility of taking a shot at becoming one of the country’s many successful entrepreneurs, you aren’t alone. Every day millions of Americans launch or plan to launch countless successful businesses. Becoming your own boss is one aspect of the very core of the American dream.

Intellectual property includes a wide variety of creations that result from intellectual efforts. Intellectual property law governs the ownership rights over literary creations, ideas, business models, designs, industrial processes, and much more.

If you are here, you have likely just decided to start your own business in Maryland. First, congratulations! Becoming a business owner should be a fun and exciting time when you can dream about building your life and controlling your schedule.

Besides "typical" startup costs, like the costs for property, employees, or prototype development, you must also consider the yearly legal costs for your startup. These include things like the cost of hiring a knowledgeable Maryland start-up attorney, document filing fees, and more.

Starting a business is both exciting and anxiety-provoking. People who start their own businesses like to do things for themselves, so they might consider trying to launch the start-up without using a lawyer. If you find yourself in this situation, you might be wondering, “Is an attorney essential when starting my business?”

Many small businesses do not consider hiring a Maryland tax attorney unless they run into tax problems, such as an IRS audit. Business owners rely on their accountant or bookkeeper to handle tax matters. However, hiring a tax lawyer can help avoid tax-related litigation and other tax problems.