1. Santa Fe-specific tax handling
- State sales tax: 4.875%. Local jurisdictions in Santa Fe may add their own rate β verify with your local tax assessor.
- Late fees: NM statute N.M. Stat. Β§56-8-3 caps interest on unpaid invoices at 1.5% per month.
2. Standard management consultant line items
- Project fee β billed by flat.
- Hourly billing β billed by hour (~$295 default).
- Daily rate β billed by day (~$2400 default).
- Travel pass-through β billed by itemized.
3. Payment terms that work in Santa Fe
Net 30 is standard for management consultants. Most management consultants in competitive markets like Santa Fe require a 33% deposit upfront before scheduling work. Accept card and ACH on the invoice itself β Santa Fe customers expect a one-click payment link in their inbox.
4. Licensing & disclosures
No license required for general management consulting. State CPA / PE rules apply if you sign opinions or stamp work.
Metro
Santa Fe
State
NM
Net terms
30 days
Deposit
33%