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ArticlesCheck back each week for a new article, or subscribe to receive articles delivered by e-mail every Monday.145. Financing a Business in a Brave New Business WorldWith commercial banks making fewer loans, many businesses are finding answers to their borrowing needs in smaller loans from alternative lenders, asset-based loans, and equity investment. 131. Knowing Marketplace Needs Crucial to Writing Business PlanResearch into the needs of the marketplace is essential to crafting a business plan. TVC, which sponsors the annual Equity Capital Symposium to match business ideas to investors, provides tips based on their experience evaluating thousands of business plans. 125. Sole Proprietorship Makes Sense for StartupsOne of the first considerations for the owner of a new business is what form that business should take. The most common options are sole proprietorship, partnership (general and limited), corporation (C corporation and S corporation) and limited liability company. 122. Knowledge is Power When You’re Looking for CapitalWith 20 locations around New Mexico, Small Business Development Centers exist to help business owners by providing information, assistance and training. 118. SBA Program Helps Disadvantaged Small Businesses GrowUnder the U.S. Small Business Administration (SBA) 8(a) program, the SBA helps socially and economically disadvantaged small businesses, by providing mentoring support, procurement assistance, training and other financial, management and technical assistance. 114. A Perfect TENThe Taos Entrepreneurial Network (TEN), an independent nonprofit organization, supports entrepreneurs by offering services, networking and support. 112. Farmington’s Enterprising SpiritThe Quality Center for Business in Farmington offers entrepreneurs all the resources they need to begin a successful startup in the Four Corners region. 110. Avoiding the Most Common Business-Plan MistakesThe marketing section – market need, market sizing, customer identification and branding – of a business plan are analyzed. 108. A Resource Center for New Mexico BusinessesFinance New Mexico, now in its third year, continues to be a valuable resource center for New Mexico entrepreneurs by providing information and support. 107. Artist Hits Homer With Help of Economic Development NetworkLearn how Jolene Jessie, a painter living in rural Chama, New Mexico, expanded her custom sports memorabilia business with the assistance of Northern New Mexico Connect. |
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