Business Development

Considering & Planning a Business

Starting a business is a life-changing decision. It requires a significant commitment of your time, effort, and money to make your business succeed. Entrepreneurs must be motivated and detail-oriented, and while becoming an entrepreneur can be very rewarding, it comes with a certain level of risk. You are here either because you are considering taking that risk, or because you have already made the decision and need guidance in planning your business.

The NMEDD Business Resource Center was created to provide you with information, tools, and state-wide resources to help you make the best decision for you and your family. If you are still considering your options for business ownership, click the  tab in the navigation bar at the right. There you will find an entrepreneur compatibility test, tips on generating business ideas, and ways to vet those ideas for viability. If you are ready to start planning your business, click the tab to access infomation on business plans, marketing, financial planning, and market research.

We are glad you are here and have the desire to contribute to the local economy by starting your own business.