- Over 90,000 this year
- 10,000+ New Businesses Created in Seven of the Past Eight Months
The Ohio Secretary of State Frank LaRose has announced that 10,812 new entities filed to do business in Ohio in August 2019, with 91,363 new business entities filing to do business this year alone.
This shows Ohio has continued to be well ahead of last year’s record-breaking pace of 87,124 businesses same point in 2018.
“As I travel around our state, entrepreneurs often comment on Ohio’s strong business climate,” said LaRose.
“It’s up to us to work every day to keep open that window of opportunity, empowering job creators to innovate and succeed so that Ohio’s families can prosper.”
Recently, Area Development Magazine ranked Ohio 9th in the “2019 Top States For Doing Business”.
New business filings are classified as forms filed with the Ohio Secretary of State that declare the formation of a business entity, including for-profit, non-profit and professional corporations, limited liability companies, partnerships, limited partnerships and limited liability partnerships.
Filing as a business in Ohio does not guarantee the company will begin operations, be profitable, or create jobs.
Seven out of the past eight months have seen more than 10,000 new businesses created.