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- [Narrator] Coming up with a business name is one of the most important steps in forming a business. Your name affects your branding and your image as a company. Lets get you started on the right path to picking a solid business name in Maryland. Maryland is an excellent place to form a new business, with the highest median household income in the country and the top-ranking business survival rate. Every state has slightly different requirements for naming a business. Follow along closely to learn the required steps for naming a business in the state of Maryland. In this video, we will go over how to name your business based on your business structure, branding and brainstorming business names, and how to check your names availability. Be sure to ask yourself the seven essential questions we provide before you make this critical business decision. (gentle music) (upbeat music) One, choose a business structure. Youll need to determine your companys business structure before decidin