Starting A Business In New Mexico

The New Mexico Economic Development Department offers a multitude of resources and advice for entrepreneurs interested in starting a business in New Mexico. For small businesses, the New Mexico Small Business Development Center features an online checklist called Basic Steps to Starting a Business.

Choosing a Business Name

The Secretary of State’s website has a search function to see if someone else already claimed a name that you’d like to use for your business. It also allows you to register your business name. Don’t forget to perform a national name search by visiting the United States Patent and Trademark Office.

Choosing a Business Structure

The type of structure you choose depends on what your business will be like. Will it just be you? Register as a Sole Proprietor. Do you have a partner? You might want to create a Limited Partnership. Perhaps an LLC is the best bet. If you’re low on start up funds, a corporation may be too costly in the beginning. Check this link for more about the structures you can choose.

The Economic Development Department also has detailed information about obtaining licenses and tax ID numbers,
employer responsibilities, starting a bank account, bookkeeping and more. Be sure to check it out if you’re interested in starting a business in New Mexico.


If you’re interested in moving to or within Northern New Mexico, contact Coldwell Banker Headin’ Home Realty for all the best listings and most up-to-date information. We are your Angel Fire area experts. Our talented, helpful real estate agents in Angel Fire specialize in residential homes, commercial buildings, condos, vacant lots, and ski properties. We’d love to help you find property with ski in ski out access in the Angel Fire, Eagle Nest, Red River, Mora, Colfax County, Taos, and the Taos Ski Valley areas.

Reach us by telephone at 1-575-377-1192 or by email. Check out our online listings from the comfort of your home. View virtual tours of Angel Fire real estate. You can also just swing in and see us! We are located right in the heart of Angel Fire, in the Mountain View Mall next to Lowes Grocery Store.

Don’t forget to find us on Facebook for the latest information on Angel Fire property listings! So, whether you are looking for ski property, land, or a mountain home, we are eager to help make your dream come true!

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