New business owners often wonder, “What price should I charge for my product?” It’s a good question, and it takes time to answer. Pricing is both an art and a science.
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Meat Processors Targeted for Assistance
Do you make beef jerky at home? Or maybe homemade sausage in your garage? Aspiring meat processing entrepreneurs can get business assistance and loan advice from the Biz Sprint program Arrowhead Center.
Continue readingGet Up to Speed on GRT and Business Taxes
Unlike many states that require businesses to collect a tax on products sold (referred to as a sales tax), New Mexico imposes the state’s Gross Receipts Tax (GRT) that must be collected on the sale of products AND services. Sell advice or IT services, even if you don’t sell a tangible product? New Mexico’s GRT must be added to the amount your client will pay.
Continue readingProgram Pairs Businesses with Unique Expertise
The New Mexico Small Business Assistance Program was enabled by state legislation to bring the “technology and expertise of the national laboratories to small businesses in New Mexico to promote economic development in the state…” In exchange for a tax credit, New Mexico’s national laboratories and their partners work one-on-one with small businesses and entrepreneurs to solve problems that are often seen as roadblocks to business growth. NMSBA Program assistance ranges from product analysis and testing to inventory and manufacturing management, with myriad others in between. Businesses can learn about the program at an event in Santa Fe from 2:00 to 4:00 pm on May 20, 2025.
Continue readingEmployers Must Comply with Healthy Workplaces Act
Employers in New Mexico must comply with the state’s Healthy Workplaces Act. To help employers understand their responsibilities, the New Mexico Department of Workforce Solutions will host a webinar at 2:00 pm on Tuesday, May 13, 2025.
Continue readingLearn about Robotics
Manufacturers can learn about robotics for business use at a day-long demonstration workshop in Albuquerque on May 8. New Mexico Manufacturing Extension Partnership (New Mexico MEP), a nonprofit organization that helps manufacturers increase profits and competitiveness, is hosting the robotics firm FANUC, which will lead the demonstrations. The event is free, but registration is required because space is limited.
Continue readingGet Your Deep Tech to Market Faster
The deadline to apply for The New Mexico Lab-Embedded Entrepreneur Program (NM LEEP) is fast approaching. Applications are being accepted until May 8, 2025, from technology entrepreneurs ready to obtain two years of individualized assistance to commercialize their technology. The program pairs deep-tech entrepreneurs with the unique talent and technology of Los Alamos and Sandia national laboratories, matching LEEP fellows with seed capital and a large network of mentors, customers, and investors. The current application period is for the 2026 cohort.
Continue readingHistoric Childcare Center to Double Capacity
Christina Kent Early Childhood Center (CKECC), Albuquerque’s oldest continuously operating childcare center, is set to significantly expand its services through the purchase and renovation of a new building, thanks to a community-centered partnership with Homewise. The expansion will allow CKECC to double its capacity, offering critical early education to even more families in the Barelas neighborhood and across Albuquerque.
Established in 1919, CKECC has served the Albuquerque community for over a century, providing high-quality childcare and early childhood education to low-income families. The center, accredited by the National Association for the Education of Young Children (NAEYC), currently serves 62 children in three classrooms and is committed to ensuring accessible education through a sliding scale tuition model that considers both income and family size. Through its participation in the NM PreK program, CKECC also offers free tuition for 3- to 5-year-olds.
Set Your Sustainable Path to Growth
Learn ways to boost your company’s sustainability by attending the Pathways to Sustainable Growth workshop on Tuesday, April 29, 2025, from 2:00 – 5:00 at the La Fonda Hotel in Santa Fe. The free event includes complimentary small-bite food and the opportunity to join a cash-bar networking hour at the hotel from 5:00 – 6:00 p.m.
Continue readingLearn to Use QuickBooks to Manage Business Finances
April is Financial Literacy Month, and for business owners, that means getting business finances in order. The business development organization WESST is offering a workshop in Santa Fe from 10:00 am to 12:00 pm on April 22, 2025, to teach business owners how to use the QuickBooks financial and accounting software.
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