New on the WESST blog! Once a month, we will be featuring either a WESST client or a WESST staff member. We hope to tell people more about WESST, our…
Looking for funds to start a small business? Need capital to expand an existing one? If the answer is “yes,” the next step for many owners is a trip to…
What a privilege it is to work with creative, confident and committed partners in the pursuit of finding solutions to issues that can stymie entrepreneurial growth and success. Participating in…
Sometimes the answer to a small business problem is looking right at you—but you just can’t see it. That’s when WESST Regional Manager Clint Reecer tells owners it’s time to get a fresh perspective.
If you’re using debt products like this for your business, your best bet is to pay them down as quickly as possible, and then close the accounts when they are paid off.
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.
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.
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.
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.