In this video, I walk you through exactly how to start an LLC in Maryland (and honestly, these same steps are nearly identical in most states). I start by breaking down what an LLC is and why it’s such a popular business structure: you get limited liability protection to help separate your personal assets from business risks, flexible taxation so you can avoid double taxation, fewer formalities than a corporation, and a boost in credibility when you’re dealing with customers, investors, or partners. Next, I cover the real pros and cons of forming an LLC in Maryland. On the plus side, you’ve got strong access to major markets near Washington, DC, a skilled workforce, solid infrastructure, and a generally supportive small-business environment. On the downside, Maryland can be expensive (high cost of living), taxes can be higher than other states, and the regulatory environment can take extra time to navigate. Then I lay out the full 8-step DIY process—name check, registered agent, Articles of Organization, operating agreement, EIN, business bank account, licenses/permits, and ongoing maintenance. If you want the fastest route, I also show my preferred 3-step method using Tailor Brands to get it done in about 5 minutes.