Manufacturing Day is catching on in New Mexico, with more and more manufacturers lining up to represent the state in a national day of recognition for businesses that make products in America. Events are planned at more than a dozen … Continue reading →
Click on your municipality to find business licensing information, applications, or a form to contact your municipal clerk. (Business licensing is typically handled by city clerks or planning departments.) If the link takes you to a page containing forms, search … Continue reading →
Grow It! helps new business owners get a business license, permit, or registration from the New Mexico city, town, or village where their business is located. Find business licensing information in your municipality here. For many years, Grow It! was … Continue reading →
The Internal Revenue Service stipulates that businesses must capitalize expenditures for big-ticket items and recover that cost over several years – a practice known as depreciation – to avoid dramatic changes in the financial statements of a business from one year to the next. Knowing when to depreciate and when to claim a special one-time expense deduction is critical for entrepreneurs. Continue reading →
The NMSBIC wasn’t formed to compete with traditional banks that best understand local markets and clients and remain the preferred source of capital. It exists to help businesses that lack access to traditional banking sources or have come up against their bank’s lending limit. Continue reading →