Client Spotlight – Sydney Davis

This month on the WESST blog, we are featuring WESST client Sydney Davis, Owner of Elder Tech. Elder Tech serves the Senior community of Santa Fe by providing individual solutions…

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Three New Year Resolutions Business Owners Should Keep

As the New Year begins, many entrepreneurs are thinking about what their business can do better in 2015. While each individual business has different improvements they are able to make, here are three universally applicable “New Year’s Resolutions” every business owner should make a point to keep.

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Plan For ‘Seasonality’ is Foundation for Business Success

Just like the vendors that come and go with the Balloon Fiesta, many businesses experience months of both high and low sales volume depending on the time of year. This concept is referred to as the “seasonality of sales,” and planning for it accurately is a critical component of successful business ownership.

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Part 4: 10 Items You Won’t Easily Learn About When You Register a Business in NM

One of the most difficult and complicated facets of owning a business is addressing employee issues. Aside from the entire Human Resources function, payroll reporting can be complex and costly. Before ever writing that first employee’s payroll check, business owners should confirm and identify that the person working for them is considered an “employee” under federal statutory guidelines.

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Part 1: Ten Tax Tips to Know When You Register a Business in NM

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.

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