Resources for Manufacturers

Resources, inspiration, and advice are on tap during Manufacturing Day activities in October. Manufacturing Day is an annual, month-long celebration that kicks off the first Friday of October. This year’s New Mexico kick-off event is a virtual panel discussion that offers the first-hand experiences of Four Corners area manufacturers on Friday, October 3, 2025.

Continue reading

What are the 5 Cs of Credit?

Owners looking for a loan for their small business should be familiar with the 5 Cs of Credit. Character, capital, collateral, capacity, and conditions determine if a traditional lender will offer a loan to a business owner. New and aspiring business owners can learn about the 5 Cs of Credit on Thursday, October 2, 2025, in a workshop hosted by the nonprofit lender WESST.

Continue reading

Financial Statements Tell the Good and Bad

Financial statements are a business owner’s best friends when the owner takes the time to look at them. They indicate the good and bad of a business’s operations. Financial statements such as the Balance Sheet, can be a snapshot in time, while others, like the Statement of Cash Flows, Budget vs. Actual Income Statement, and Profit and Loss Statement, show trends over time. All of them are essential for knowing how the business is performing.

Continue reading

State’s Business Resources On Display

New Mexico offers an abundance of resources to help new and established businesses reach their goals. Many will be on display at an expo-style event on August 29, 2025, in Santa Fe. The event is open to the public, and participants are encouraged to walk around, meet institutional representatives at their tables, and engage in informal conversations about available resources and potential partnerships.

Continue reading