1. Prepare

Writing a business plan will take you through the steps of developing things such as a marketing analysis and approach, operating plan and financial analysis. You will also need to decide on a name and what kind of business structure you will use (Sole Proprietor, LLC, etc.). Complete the New Mexico Small Business Development Center’s online training, Getting Started, download their Starting Out: A Guide to Creating Your Own New Mexico Business, or visit their Farmington office located in Quality Center for Business at San Juan College to get started today.