Learn how to Start, Operate and Grow your business

Welcome to Accion East, your learning center for everything about starting and running your business.

Business Startup Checklist

Learn the basic steps when first starting a new business with our business startup checklist and guide.

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Business Structure Comparison

Learn the options you have when starting your business by learning about pros and cons of different business structures.

Compare Structures

Growing your Business

Just started or have an existing business but are struggling? Check out our small business growth tips for success.

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Latest Articles

About Accion Loans


Accion is different from a bank or credit union. Accion is a microfinance organization that lends with the mission of empowering business owners with access to working capital and financial education. Since 1991, we have lent more than $132 million to entrepreneur across the country. Accion offers business loans up to $50,000 and financial education throughout the United States. We specialize in...

Microloans in the United States


Microfinance institutions (MFIs) in the United States, such as Accion, grew from the success of microlending programs abroad, and have since been adapted to meet the unique needs of microentrepreneurs in the United States. Like its international counterpart, domestic microfinance seeks to empower self-employed individuals with affordable and accessible business capital. While domestic and...

15 Ways to Grow Your Business Fast


Let’s face it. Scaling your business is hard. It takes considerable effort. In the beginning, it means wearing different hats. It means dealing with sales and marketing. It means understanding taxes and corporate compliance. It involves having to interact with customers on a daily basis. And so much more. At the end of the day, it takes its toll on you. If you’re struggling to grow...

Choosing a business structure


Your business structure affects how much you pay in taxes, your ability to raise money, the paperwork you need to file, and your personal liability. You’ll need to choose a business structure before you register your business with the state. Most businesses will also need to get a tax ID number and file for the appropriate licenses and permits. Choose carefully. While you may convert to a...

Business Startup Checklist


When you’re starting a business, there are seemingly endless things to do and a myriad of hats to wear. From branding strategy to tech tasks to legal hurdles, the things to check of your starting a business checklist can seem like they require a whole team of multi-faceted talent. Even if you’re in it alone—as many new business owners often are, starting a business isn’t an impossible feat...

Obtain a Tax ID (EIN) Number and Register Your Business in North Carolina


Whether you’re starting a business as a way to build wealth, a way to leave behind a legacy, or just to have more control over your hours and work, you’ll need to spend some time legally establishing your business before you begin full operations. North Carolina is a great place to get started- but you need to be aware of the requirements before you get too far in the process. Ready to start your...

Obtain a Tax ID (EIN) Number and Register Your Business in South Carolina


On paper, your business idea may seem brilliant, but it isn’t worth much unless it’s put into action. Before you can start expanding your market in South Carolina and reaping profits, you need to jump through a few legal and regulatory hoops. This guide will help you understand exactly what you need- and how to obtain it. Looking just for the Tax ID (EIN) Application? Apply for a Tax ID (EIN)...

Obtain a Tax ID (EIN) Number and Register Your Business in Wisconsin


Starting a business in Wisconsin takes significant effort, but it could set you up for the career of your dreams. If you have a solid idea for a business, or experience in a management role, you could potentially get started in the span of a few weeks- all you need is a business plan, and the necessary registration to get started. Ready to start your Tax ID Application Now? Apply for a Tax ID...

Apply for Trust Tax ID (EIN) Number | Online EIN Application


When you create a trust, you create a separate entity that is intended to reduce taxes and control assets. Of course, creating a separate entity can also mean that you need a separate Tax ID number. Whether you’re trying to create a trust account for someone else or you’re managing an estate trust for someone who has passed, finding out more about the EIN process is critical...

Apply for Tax ID (EIN) Number for a Sole Proprietorship | Online EIN Application


The simplest and most common business structure, a sole proprietorship refers to an unincorporated business run by a single individual. When you run a sole proprietorship, you report your business income as personal income and you get taxed accordingly. In contrast, with a corporation, the business pays you salary or dividends which you report as your personal income, and the business reports its...