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The document is a guide for the New Mexico Small Business Startup Forms Package provided by U.S. Legal Forms, Inc. It includes essential legal forms and templates to assist individuals in starting a small business, covering areas such as business planning, financial projections, and employee hiring. The package contains various forms like a sample business plan template, cash flow statement, customer invoice template, and employment application. Additionally, it offers tips for completing the forms and includes a disclaimer regarding the use of these materials.

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What are the top 5 small businesses to start?

Top 10 Startup and Small Business Ideas to Try in 2022 Cleaning service. Consider starting a cleaning business if you dont mind doing the dirty work others cannot do for themselves. Freelance Writing Business. Amazon Kindle Publishing. Daycare. Pet Grooming. Aerial Photography. Build and Sell Themes Online. Blogging.

How much does a business license in New Mexico cost?

Register or license your business with your municipality or county. Local business licenses typically cost $35 per year. New Mexico municipalities and most counties require that businesses within their jurisdiction become licensed. Find your municipal business licensing forms here.

How much does it cost to register a business in NM?

New Mexico corporations and LLCs are formed by filing the Articles of Incorporation or Articles of Organization with the NM Secretary of State. It costs $125 or more to form a New Mexico corporation or $50 for a NM LLC.

Is New Mexico good for business?

The land of enchantment, New Mexico, is a great place to start a business. Its expansive landscape has made the oil, gas, and tourism industries boom. New Mexico was ranked the 18th best state to start a new business in part due to its low labor costs.

What is the main industry in New Mexico?

Energy, aerospace and defense, logistics and transportation, tourism, food, etc., are some of the states biggest industries. Although the mining sector has scaled down on employees, the gas and oil industry of New Mexico contribute over $2 billion in revenues and taxes annually.

What are the major businesses in New Mexico?

New Mexicos Economy Tourism, military, and the oil and gas industry are the major industries in New Mexico. They provide most of the jobs and account for a large amount of the government spending in the state.

Is New Mexico a business friendly state?

Top States For Business 2022: New Mexico.

How much does it cost to get a LLC in New Mexico?

At $50, New Mexico has one of the most affordable LLC filing fees in the country. But youll pay additional fees if you hire a company to help you form your LLC or act as your registered agent. These fees can vary greatly depending on the company and the services you choose.

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