IF YOU’VE STARTED A BUSINESS IN NEW MEXICO THIS YEAR, YOU’RE FAR FROM BEING ALONE. THE SECRETARY OF STATE’S OFFICE REPORTS THE NUMBER OF NEW BUSINESSES ON A QUARTERLY BASIS. IT SAYS, SINCE JANUARY FIRST, OVER 10,800 BUSINESSES HAVE STARTED, INCLUDING MORE THAN 52-HUNDRED IN THE SECOND QUARTER.
LAST YEAR AT THIS TIME, THE NUMBER OF NEW BUSINESSES WAS NEARLY 98-HUNDRED. OF THE 52-HUNDRED NEW BUSINESSES ESTABLISHED IN THE SECOND QUARTER OF THIS YEAR, THE VAST MAJORITY OF THEM, 38-HUNDRED, WERE DOMESTIC LIMITED LIABILITY COMPANIES.
