Tag: business
Study: Maryland is the 15th worst state for starting a business
Maryland is one of the wealthiest and most educated states in the nation, but it is one of the worst states for starting a business, according to a recent study.
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Despite pandemic, business startups are booming in Maryland
As the COVID-19 crisis ravaged the U.S. economy, countless numbers of businesses shut down and millions of Americans lost jobs.
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Congress must act now to save small businesses like mine
Last Thursday, I had the honor to testify in front of the Senate Committee on Small Business and Entrepreneurship. My message to the committee was simple: time is running out for small businesses like mine. Unless Congress acts immediately to provide emergency relief, Main Streets across America — including in my county of Prince George’s — might as well hang up giant “Out of Business” signs come January.
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Benefits of QuickBooks Cloud Automation
In a survey that was conducted over 10 years ago, Gallup found that small business proprietors worked for an astounding 52 hours every week, including a significant number of people who worked on weekends. Even today, that number only continues to rise.
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A Brief & To-the-Point Guide to Start Your Own Business
There is no formal education on starting a business. What they teach in business school helps you scale someone else’s business as an employee, but there is not much about how you can become a businessman. Here is a precise guide to help you get started with your own business.
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State Roundup: Hogan proposes reopening state in 3 stages
Gov. Hogan proposes re-opening state in three stages, making some fellow Republicans unhappy.
Read MoreBusiness executives say Maryland government needs to be friendlier
Business executives on a panel at a Maryland Chamber of Commerce forum sounded familiar themes Wednesday: state government needs to reduce cumbersome regulations, speed approvals and become more “business-friendly.”
Read MoreMBE researcher awarded state contract despite protest
A new contract for the company whose work will be used to justify Maryland’s minority business contracting program was awarded in spite of protests from another bidder for the project, which argued that the current contractor puts the program at risk.
The Board of Public works gave a $2 million, three-year extension to National Economic Research Associates Inc., which has worked with the state on its Minority Business Enterprise program since 2000. Under the contract, NERA will continue to study whether the state still needs special programs to direct state contracting dollars to firms owned by minorities and women.
Read MoreMarylands sales force debates state competitiveness
The people who sell Maryland to the country and the world spent part of this week debating whether the Free State’s brand is competitive in today’s marketplace.
On the plus side, Maryland has a “great quality of life” and a highly educated workforce, said economist Anirban Basu. On the downside, it has high taxes and a perceived bad attitude toward business.
Read MoreAnalysis: Hands-on or hands-off? Candidates differ on business outlook
Former Gov. Bob Ehrlich today rolls out a small business initiative as he campaigns to get back his old job.
He told reporters the proposals will be a combination of “things that worked” from his first administration, ideas that come from a series of roundtable discussions he’s held with more than 100 businesses, and best practices “we were able to steal from other states.”
Read MoreAnalysis: Big hole in jobless fund created legislative battle
Two numbers illustrate why changing unemployment insurance is such an important part of the legislative agenda for business, labor and Gov. Martin O’Malley this session.
Last February, Maryland’s unemployment insurance trust fund had $680 million in it. A year later it holds just $50 million, and is paying out $20 million a week to the jobless.
Read MoreBusiness groups support jobs tax credit
A wide range of Maryland business group supported Gov. Martin O’Malley’s proposal to give a $3,000 tax credit for hiring an unemployed worker at a hearing Tuesday.
But Sen. George Edwards, R-Western Maryland, said it was “wrong” to propose a new jobs credit when the governor was seeking to eliminate a tax credit for coal mined in Maryland. He called the measure “one of the great tax credits for the poorest part of our state.”
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