After a two-year hiatus, WESST is excited to host the 5th annual pop-up shop (Oct. 14th 11a-4p, 609 Broadway Blvd NE) where you can shop locally and find unique Made in New Mexico products and gifts. Over the next few weeks, we would like to introduce you to a few of our vendors to give everyone a preview of their products and the opportunity to learn about their entrepreneurial journey. We hope you enjoy! Introducing Christina Candelaria – TinCan Fabric and Textile Where did the “big idea” for your business come from? …
In Part 3 of our 4-part series, REDW covers an additional 2 of the 10 items to be aware of when registering a business in New Mexico: Schedule C mismatch audits and Cash basis vs. Accrual basis reporting.
In Part 2 of our 4-part series, REDW covers an additional 3 of the 10 items to be aware of when registering a business in New Mexico: Available credits, nexus, and apportionment.
REDW will cover 3 of the 10 items to be aware of when registering a business in New Mexico: types of income not subject to NM gross receipts tax, gross receipts tax deductions, and the difference between an exemption and a deduction for CRS reporting purposes.
One of the most important tools an entrepreneur can develop for a business is a budget. Budgets allow a business owner to not only plan for expenses, but to analyze expenditures and make changes according to the needs of the enterprise.
WESST has been serving and guiding entrepreneurs for over a quarter century — taking their client’s ideas / dreams from embryonic concept to flourishing enterprises. WESST comprises one of the most intense and thorough teams of subject matter experts in New Mexico.
In a world where someone’s opinion about your business is just a click away, it is increasingly important for entrepreneurs to control what appears about their business online. Developing a good online presence is a challenging task for many small business owners, and it requires a great deal of attention, effort and patience to maintain
When thinking about the local economy, success is often attributed to the largest players — frequently, these are the resident industry leaders who provide a variety of services and act as job creators en masse. Equally important, however, are the contributions made by local small businesses.
Almost anyone who owns a business, or is thinking about starting one, has been told at some point that he or she needs a formal business plan. But what exactly is a formal business plan, and why do you need it for your business?
Figuring out how a new venture will be financed is one of the most challenging tasks a new entrepreneur will face. With all of the different options that are available, it can be very complicated for a new small-business owner to figure out the best way to secure funds for a new business. Fortunately, there are many different sources of funding, as well as community resources that can help you with financing your new venture.
Are you thinking of starting a business? This time of year, you’re not alone — one of the most common New Year’s resolutions is to improve an employment situation. For many, this means looking for more rewarding work in their field, or perhaps pursuing a new career altogether.
Small Business Saturday is a special day where communities are encouraged to support small businesses during the busy holiday shopping season. A considerable amount of media attention related to holiday shopping is focused on the “door-buster deals” offered by big-box stores for Black Friday – Small Business Saturday is a way to help focus attention on America’s small businesses, and encourage people to “shop local.”
One service WESST offers to small business owners is one-on-one consulting. Whether you have the beginnings of an idea for a small business start-up, or have been in business for thirty years, we can help you with information and tools to help you create strategies, solve problems, and move your business forward. Here are answers to some common questions about WESST’s consulting services.