Frederick, Maryland is a growing business community. We list ten things that the local business owner should know about the Frederick surrounding area.
An introduction to the Fredrick, Maryland business area.
If you’re reading this, you’re probably a business owner in the Frederick, Maryland area. It can be difficult to learn about your surroundings and gain a competitive edge over the competition to make sales.
In this article, I will tell you ten things that you should know to make your business experience in Frederick a good one.
What is the Frederick Chamber of Commerce?
In short, the Frederick Chamber of Commerce is an organization that strives to bring the local businesses together. They do this to create an atmosphere of growth and teamwork amongst the many businesses that are stationed in Frederick.
The Frederick County Chamber of Commerce gives new businesses in Frederick MD a voice and the ability to connect with more established businesses in the area. If you’re a new business owner in the area, you can become a member and benefit greatly from their help.
The chamber has a rich history in Frederick, Maryland and has been a source of information for local businesses since 1912. With over a century of history, you can see why joining the chamber and participating can be helpful.
The chamber is open to all businesses and has over eight hundred and sixty members. They provide services for all of those business and also advocate for the forty thousand people that they employ. So, you can’t go wrong by registering as a member.
Why is Downtown Frederick important for a business owner?
The downtown area in Frederick is a business owner’s haven. You can find a lot of foot traffic and potential customers by setting up shop in the downtown area. It’s filled with restaurants, bars, and other small businesses that draw in large crowds.
With a large amount of foot traffic, you may find it to be the perfect spot for advertising your business too. We all know that a well-placed ad can garner our businesses with a lot of new customers. So, consider the busy downtown area for your ads.
What is discoverfrederickmd.com and why is it helpful?
Discover Frederick Maryland is pretty much a hub for businesses to find information and resources. The site gives you up-to-date tips and news about the business sector in Frederick and also has helpful links to get you your Frederick County business license.
You can use the site to find all kinds of resources to help you start your business and also keep it growing. I recommend using the site frequently to get as much information as possible while growing your business and find useful business classes Frederick MD.
What is the Maryland BNI Group?
The BNI group is similar to the chamber that was previously mentioned. You can become a member and they will help you with networking and growing your company.
However, the BNI group has limited openings for members and focuses mainly on letting businesses refer each other to helpful contacts in the business world. If you can get in, it can help you make massive strides in growing your company.
Did you know that Frederick is a historic area?
It’s true, Frederick, Maryland not only holds a significant place in U.S. history; It’s registered as a historical area.
This means that it’s a place of interest and can bring in customers from further away than you’d expect. Frederick is also home to the historical Fort Detrick. Ft Detrick was an influential part of the U.S. bioweapons program.
The Golden Mile can be a great location for retail businesses.
The Golden Mile is a pathway into the heart of Frederick. It’s known for being the location of many retail businesses and happened to have had a sort of mini-crisis that can be helpful to many retail businesses looking to set up shop.
The Golden Mile saw a massive drop in investors and people willing to set up their businesses there. This resulted in the city creating tax benefit programs for companies willing to rehabilitate the old shop buildings.
By starting your business on the Golden Mile, you can still enjoy these perks even though the area has gained popularity again. A tax relief can be extremely beneficial to a new company.
Did you know that there are opportunities to sponsor local organizations in Frederick?
As you probably know, sponsoring local sports teams and other highly-visible organizations can boost your companies exposure drastically.
You can sponsor the Frederick Keys baseball team. That helps your brand gain necessary exposure and also helps out a great local sports team. The Weinberg theater is also a company that you can sponsor in exchange for passive advertisement.
The local tax laws are business friendly.
In the city of Frederick, the tax laws are geared towards economic growth. This makes the area prime real estate for new businesses or even well-known brands looking to expand into the area.
One example of these friendly tax laws is the Golden Mile Commercial Property Tax Credit Program that I mentioned earlier. The city is dedicated to grow economically and it knows that it requires businesses that can thrive.
The tax programs in Frederick are aimed at making sure that companies can have a fair chance at thriving in the area. Besides the one example given, there are several others that you can learn about on discoverfrederickmd.com.
Frederick has a variety of locations to start your business.
We’ve gone over the Golden Mile already. So, it only seems fair to mention the various other options that you have to locate your business.
The downtown area is a prime real estate for restaurants, bars, coffee shops, small shops, and businesses that don’t need a lot of workspaces such as manufactures and the like. A large amount of foot traffic nearly guarantees that your business will be visible.
For businesses that require more room like manufacturing and warehouse endeavors, there are the McKinney and Stanford industrial parks. These locales provide plenty of room and meet zoning requirements for more industrial businesses.
There are multiple major cities nearby.
If you’ve never heard of Frederick before trying to start a business there, you have heard of Washington D.C. the nation’s capital. Frederick is only forty-nine miles from the capital.
It’s also only forty-six miles from Baltimore and seventy-one miles from Harrisburg, Pennsylvania. So, your business would be within an hours drive from some of the most popular cities in the country.
Read more about Frederick in our 12 Tax Tips For People Living In Frederick Maryland