Business Registration Basics for Underserved Entrepreneurs
Starting a business is one of the most powerful steps toward financial independence, community empowerment, and generational wealth. But for many underserved entrepreneurs, especially those from BIPOC, immigrant, or low-income communities, the process of officially registering a business can feel overwhelming and out of reach.
At Equitable Development Action (EDACT), we know that entrepreneurship can be a game-changer, but it has to start with the right foundation. That’s why we created our Business Registration Assistance service: to make business ownership accessible, legal, and sustainable for everyone.
Why Registration Matters
Registering your business is more than just paperwork. It’s the first step in transforming your idea into a real, legally recognized enterprise. With registration, you gain:
- Credibility: Customers and funders are more likely to trust you.
- Legal protection: Separate your personal and business finances.
- Access to funding: Most grants and loans require legal registration.
- Eligibility for contracts: Especially important for public and corporate procurement opportunities.
Common Barriers Faced by Underserved Entrepreneurs
- Lack of guidance or mentorship
- Confusing government websites or paperwork
- Limited access to legal or accounting support
- Fear of making mistakes or missing steps
These barriers often lead to people running informal businesses, missing out on funding, tax benefits, and long-term growth opportunities.
How EDACT Can Help You Start Right
Through our Business Registration Assistance, we walk you through the entire process, from choosing your structure to completing the actual paperwork. You’ll receive:
- One-on-one guidance from experienced staff
- Help with name search and filing
- Support obtaining your EIN and licenses
- Recommendations for business banking and next steps
Whether you're just getting started or you've been operating informally, we’re here to help you get legal, get confident, and grow strong.
Ready to Make It Official?
Book your free discovery call today to get started with EDACT’s Business Registration Assistance.
Let’s build a stronger business community, one legally registered business at a time.