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.
Micro-entrepreneurship is on the rise in the US, especially with the help of technology-focused companies that are creating platforms that enable the micro-entrepreneur to sell products and services directly to consumers.
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.