Local Business and Marketing Guide Gallup NM
Welcome, Gallup NM Business Community, and thank you for visiting our agency's website! We look forward to meeting each of you personally soon. My name is Travis Batt, President & CEO, of batt.us Marketing Agency. We have been doing business in the Valley of the Sun for the past 20 years and recently re-located to Lupton, just West of Gallup, New Mexico.
We are honored to apart of Gallup's local business community and newest Member of The Gallup Chamber of Commerce. Our business specializes in assisting small businesses with their strategic marketing plan. We invite you to contact us by phone, email, text message or appointment and meet with our team. We are available during the work week, Monday through Friday, 8 am to 6 pm.
The business marketing services we provide are tailored for your "specific" business type and industry. Using research analysis we gain insight into the business marketplace and can project what would help you to succeed in your marketing goals.
We hope you find this info helpful and we are here to help YOU succeed!
Local Business & Marketing Guide Outline:
Small Business Structures
Small Business Planning
Business Financial Planning
Local Banks in Gallup
The Basics of Running Your Small Business
Gallup - Business Resource Network Groups
Press Releases, Gallup News Media Outlets
Gallup's Premiere Local Business and Marketing Guide
How is your local business structured?
The following information is from the Small Business Administration (SBA). Additional details to help you with your business can be found on their website: https://www.sba.gov
Small Business Structure Types:
Sole proprietorship
A sole proprietorship is easy to form and gives you complete control of your business. You're automatically considered to be a sole proprietorship if you do business activities but don't register as any other kind of business.
Sole proprietorships do not produce a separate business entity. This means your business assets and liabilities are not separate from your personal assets and liabilities.
Partnership
Partnerships are the simplest structure for two or more people to own a business together. There are two common kinds of partnerships: limited partnerships (LP) and limited liability partnerships (LLP).
Limited partnerships have only one general partner with unlimited liability, and all other partners have limited liability. The partners with limited liability also tend to have limited control over the company, which is documented in a partnership agreement. Profits are passed through to personal tax returns, and the general partner, the partner without limited liability, must also pay self-employment taxes.
Limited liability partnerships are similar to limited partnerships, but give limited liability to every owner. An LLP protects each partner from debts against the partnership, they won't be responsible for the actions of other partners.
Partnerships can be a good choice for businesses with multiple owners, professional groups (like attorneys), and groups who want to test their business idea before forming a more formal business.
Limited liability company (LLC)
An LLC lets you take advantage of the benefits of both the corporation and partnership business structures.
LLCs protect you from personal liability in most instances, your personal assets, like your vehicle, house, and savings accounts, won't be at risk in case your LLC faces bankruptcy or lawsuits.
Just starting a local small business?
Here are resource pages for "getting set up and started as a small business."
Run your business using a Business Plan
Having a Business Plan to guide you through starting and managing your business is helpful. Your business plan is a blueprint for how to register, operate, market and grow your local business. It will help you in the decision making processes of your business.
Your business plans can help you raise capital, get a business loan or bring new partners into your business. Financial organizations and lending sources will want to see that your business plan reflects a ROI, Return-On-Investment. Your business plan is the tool you’ll use to convince people that working with you, or investing in your company is a smart choice.
If you are going to pitch your business idea, product or service to a lender or investor; your business plan will be what you use to do so.
How to write your Business Plan
If you need some guidance or ideas on how to write or modify your business plan, the Small Business Administration provides some various examples that you may be able to model.
SBA Guide-to-Writing-Your-Plan
How to write a simple Financial Plan for your local business
If you are looking for a small business loan, capital or alternative forms of funding, more than likely you will be for your financial plan. Below is the formula for writing a financial plan; which will re-enforce your business goals.
- Create a Profit & Loss Statement
- Determine Your Operating & Net Income
- Calculate Your Cash Flow Statement
- Make Your Balance Sheet
- Project Sales or Revenue
- Complete a Break-Even Analysis
Local Banks, Gallup New Mexico
As a small business in Gallup, we prefer to work locally with financial institutions who have our best interest in mind. Call and make an appointment at any or a few of the local banks in Gallup and see which one works for you!
(505) 766-5600 | First Financial Credit Union - 1383 US-491, Gallup, NM 87301
(505) 726-2000 | Wells Fargo Bank - 300 W Aztec Ave, Gallup, NM 87301
(505) 722-0300 | Pinnacle Bank - 1804 E Aztec, Gallup, NM 87301
(505) 726-6500 | WaFd Bank - 221 W Aztec Ave, Gallup, NM 87301
(505) 722-4394 | US Bank - 101 W Hill Ave, Gallup, NM 87301
The Basics of Running Your Small Business
Running your business, day-to-day, may require insurance, office supplies, software CRM's (Customer Retention Management), retail space or storefront, logo design and branding materials, signage and access to any self-promotional sources, such as social media platforms. As a local business community, we are all here to work together and support each other's business potential. Buy Local, Buy in Gallup!
Finding support for your small business is not difficult. We have amazing business networks established in Gallup. We recommend making an appointment and introducing yourself and your business to each of them.
Business Resource Networks
New Mexico Small Business Development Center - Gallup
Go Gallup Business Improvement District
The Gallup Chamber of Commerce
Greater Gallup Economic Development Corporation
City of Gallup - Business Community
Gallup Mainstreet Arts & Cultural District
Every local small business needs a Press Release!
Getting your business out there with a press release is very important. The local media, newspaper and magazine outlets in Gallup can all help you with press releases and advertising.
If you need help writing a press release for your business, our marketing agency is happy to help you, please call (480) 343-1803. To get your press release published locally, contact these publishers in Gallup.
Print Media Outlets:
505-863-6811 | Gallup Independent Newspaper
(505) 722-3399 | Gallup Journey Magazine
(505) 722-8994 | Gallup Sun Newspaper
Radio Media Outlets:
| KYVA 1230 | KYVA 103.7 | KGLX 99.1 | KYAT 94.5 |
| KFMQ 106.1 | KLOVE 88.9 | KXTC 99.9 | KGLP 91.7 |
| KXXI 93.7 | KXXQ 100.7 | KGAK 1330 | KNIZ 90.1 |
Gallup's Premiere Local Business and Marketing Guide
Whatever we can do to assist in the success of your business, we are here for you. We are celebrating 20 years in business and look forward to serving the local business community for 20 more!
We invite you to meet with us online or in-person. We offer a no-cost business marketing consultation to help you align your business goals with your marketing plan.
Getting started with us!
Schedule a Marketing Demo
Receive no-cost Consultation
30 min Tools & Training Meeting
Design & Branding Planning
Promotional Advertising Marketing Plan
