Welcome to the Small Business Startup New Mexico Franchise Directory! Here, you’ll find everything you need to begin your journey to business ownership in the Land of Enchantment. If you’re considering starting a small business in New Mexico, read on for an overview of the state economy. Afterward, explore business opportunities and franchises for sale with our New Mexico Franchise Search Tool.
Welcome to the Small Business Startup New Mexico Franchise Directory! Here, you’ll find everything you need to begin your journey to business ownership in the Land of Enchantment. If you’re considering starting a small business in New Mexico, read on for an overview of the state economy. Afterward, explore business opportunities and franchises for sale with our New Mexico Franchise Search Tool.
If an industry is performing well, business opportunities within it are often worth exploring. Begin your market research with this list of the New Mexico economy’s most prominent industries in 2022. Afterward, take your research one step further by investigating niche markets and B2B opportunities within one of these top revenue-generating industries.
When starting a small business in New Mexico, gross domestic product (GDP) is another tool entrepreneurs can use to make investment decisions. Generally, a steadily rising GDP means that people are spending more money and creating more jobs.
The three sectors that contributed most to New Mexico’s GDP in 2022 were Mining; Real Estate, Rentals & Leasing; and Professional, Scientific & Technical Services. Combined, these three sectors represented 43.9% of the state’s GDP. In 2022, the sectors that contributed most to New Mexico’s GDP included:
*Approximately
A growing population often means greater demand and a steady flow of new customers. If you are undecided about the location of your new business, start by investigating population statistics. Afterward, take your research a step further by exploring population demographics. Doing so lets you decide whether a location is a good match for your target market.
In 2022, counties with the highest populations in New Mexico included:
*From 2017 to 2022.
We hope this snapshot of the New Mexico economy helps as you investigate business opportunities in the Land of Enchantment! Starting a small business in New Mexico is an exciting journey, and we know you’re probably eager to get started. But remember, take your time to explore all your options. While you’ll always have the “opportunity” to start your own business, sometimes, it makes more sense to invest in an opportunity that already exists. These are called “Franchise Opportunities,” and they offer several benefits, including the recognition of a well-established brand and a proven track record of success.
To learn more, start by exploring franchise opportunities in New Mexico below!
There is NO better business model that is designed to excel in inflation, recession, and uncertain times. We help you create the ultimate MONTHLY cash flow for years by helping companies save money when they need it. Buy a SMARTER business model, especially NOW.
Did you know you could partner with a company to build out your entire e-commerce store, from product research to inventory acquisition to marketing? Yep You can easily make 6-7 figures in passive income when we build your e-commerce empire and money-making machine from the ground up All it takes is an upfront investment, and our team will do the rest. By this time next year, you could be sitting on a 7 figure empire. Learn more now
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The Brass Tap is an upscale beer bar that offers 40-60 different craft beers on tap, more than 300 varieties of imports, and local craft beers. We are constantly searching for the best beers from all regions around the world, and rotate our taps to ensure that you can always expect to find a new favorite. We offer hundreds of different bottled beers that are also available for carry out. At The Brass Tap, you can enjoy our spacious patio and never have to drink the same beer twice
Live Hydration Spa helps clients achieve their best health through IV hydration, vitamins, minerals and amino acids IV therapy helps: fatigue, migraines, nausea, dehydration and medical issues including Crohns and Cancer. They have many proprietary formulas to choose from that are custom made for each client. Learn more about Live Hydration now
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