Tag Archives: New Mexico business

Small Business Loan is Most Recent Help for Gallup Family Business

Posted on by

Robert Slover leaned on the WESST Farmington Women’s Business Center for extensive one-on-one consultation sessions in the early days of his cell phone repair business. Cell Phone Doctor sells new and factory-refurbished phones, including iPhone, Samsung, LG, Motorola, and Android, and it services all brands of cell phones and tablets. The business also sells PlayStation and Xbox gaming systems and can network unlock phones. When the Gallup business was ready to expand, Stover turned to WESST again, this time for a small business loan.

Slover’s relationship with WESST initially focused on cash flow and financial planning. Soon after, Slover worked with consultant and trainer Holly Patterson to understand how to use digital marketing tools to improve his social media postings. Help with marketing strategies aimed at growing his target markets was next.

Continue reading →

Ownership Report Due by January 1, 2025

Posted on by

Businesses operating in the United States have one more requirement to satisfy. The US Corporate Transparency Act was passed by Congress to increase corporate and business transparency of company ownership and thwart criminal activity that sometimes hides behind business walls. By requiring companies — even small ones — to disclose their beneficial owners to the Financial Crimes Enforcement Network (FinCEN), the Act aims to prevent criminal activity such as money laundering, fraud, and financing of terrorism. Businesses that started before January 1, 2024, have until January 1, 2025, to file the report.

Continue reading →

Get Your Business Recognized By The SBA

Posted on by

The US Small Business Administration (SBA) is accepting nominations for National Small Business Week Awards. The SBA recognizes the hard work, ingenuity, dedication, and economic contributions of small businesses during its annual National Small Business Week Celebration. The 2025 event takes place May 4 through 10, 2025, when at least 10 awards will be bestowed on New Mexico small businesses. The deadline to nominate your or someone else’s business is December 5, 2024.

Continue reading →

Two Events for Women Entrepreneurs

Posted on by

The business development organization WESST is collaborating with New Mexico Manufacturing Extension Partnership (New Mexico MEP) to offer two events specifically geared for female business owners and women entrepreneurs. Visit WESST on October 25 to hear from three extraordinary women about how they built their businesses, and join the Women in Manufacturing Panel Discussion online on October 30 to learn about resources for women entrepreneurs. Both events are part of Manufacturing Day activities in New Mexico.

Continue reading →

Mfg Day Supports Manufacturing Companies

Posted on by

October 4 is National Manufacturing Day 2024, and this year’s theme underscores the mission of this annual celebration. “See Yourself in Manufacturing” encourages students to envision well-paying careers that now include technology, design, AI, and boundless creativity. Mfg Day is celebrated the entire month of October in New Mexico, and while events are largely geared toward students, there is plenty for manufacturers and businesses with employees.

Continue reading →

Program for Doña Ana Business Startups

Posted on by

The nonprofit lender LiftFund is offering an online workshop on Monday, September 16, to help entrepreneurs in Doña Ana County navigate the sometimes murky and challenging path to starting a business. Owners of businesses that are already operational are also encouraged to attend. The workshop is part of the Doña Ana Small Business Program, which guides entrepreneurs from business concept to operations.

Continue reading →

SBA Ascent Training Program Starts Soon

Posted on by

The New Mexico District Office of the U.S. Small Business Administration (SBA) is encouraging women entrepreneurs to apply to participate in its Ascent Training Program. Ascent is an online program that includes business skill training and networking with other women entrepreneurs. The deadline to apply to join the fall 2024 cohort is Wednesday, October 2. The program runs from October 3 to November 7, 2024.

Continue reading →

Startup Fiesta Aims to be New Mexico SXSW

Posted on by

ActivateNM is joining forces with the New Mexico Tech Council for a night of innovation, collaboration, and entrepreneurial networking on the evening of September 10, 2024 at the Clyde Hotel in Albuquerque. Inspired by the success of events like SXSW, Startup Fiesta aims to foster innovation, inspire, and provide networking for the New Mexico entrepreneurial community.

Continue reading →