 to receive articles about gaining business knowledge & financial resources. |
>
ArticlesCheck back each week for a new article, or subscribe to receive articles delivered by e-mail every Monday.201. Be Ready When Banks Step Up LendingRecent financial activity suggests money might be starting to flow again. That’s why now is a good time to build a relationship with one or more financial institutions through dialogue. Before dialogue starts, business owners should fully understand their financial position. 200. Grant Expands New Mexico Education SuccessWhen Taos-based Imagine Education received a Next Generation Learning Challenge Grant from the Bill & Melinda Gates and William and Flora Hewlett Foundations this summer, the award was not just a triumph for middle-school students struggling to learn math. It also marked an achievement for theNew Mexico programs that grow the state’s economy by [...] 199. Candy Company is Sweet and LeanNew Mexico MEP is a non-profit organization that helps businesses increase profitability. Based on the premise that a lean operation is a profitable operation, New Mexico MEP helps key staff understand the principles of lean manufacturing. It offers workshops, on-site trainings and systems analyses. 198. Consider Strategy before Seeking EquityOnce an entrepreneur decides that equity capital is the best way to finance his business, the next questions are how much and when should it be raised? Ideally, raising money in rounds will give the entrepreneur and early investors the most profit when it is time to sell the business. 197. ‘Made in America’ Heats UpLast year, the SBA helped put over $2 billion in financing into the hands of small manufacturers. 196. Businesses, Like Life, Have StagesFew businesses follow a predictable path and timeline from one stage of life to the next. Some linger for a long time as startups, while others dash directly from startup to rapid growth. Knowing the life cycle of a typical business can help an entrepreneur know where to find capital to reach the next stage. 195. Investors Bring Benefits Beyond CapitalFor a growing business, the advantages of outside equity capital are numerous. Equity significantly improves a company’s balance sheet and provides resources for hiring, developing new products, and other needs that can help the business grow. But there are other important benefits too. 194. Small Business Publicity: Writing Effective Press ReleasesProfessional publicists recommend press releases to deliver business news to the media for broadcast to potential customers. The difference between a well-written press release and one that is poorly researched and badly written can mean a story landing on the front page or one that goes into the recycle bin. 193. Government Contracting: A New Path to Increased Revenue?The Procurement Technical Assistance Program, set up by the New Mexico Small Business Development Network in 2009, is a non-profit organization that helps small businesses obtain government contracts. 192. National Labs Encourage Small Business CollaborationThe New Mexico Small Business Assistance Program provides free technical assistance and expertise from scientists and engineers to New Mexico small businesses facing challenges with testing, design and access to equipment or facilities. While individual businesses can request assistance anytime, the program annually considers leveraged projects involving multiple businesses with a shared problem that is too large or complex to solve in an individual project. |
Article Categories
Finance New Mexico is
|
Become a Fan
Follow Us
Get Linked In
