COLUMBUS – Ohio Secretary of State Frank LaRose today announced 10,084 new entities filed to do business in Ohio in February, an increase of 450 when compared to the same month in 2018.
January's numbers showed a strong start to 2019, and February kept that trend going. So far this year, business filings are running 12.7 percent ahead of last year’s record-breaking pace.
"As our economy transforms, Ohioans are embracing their entrepreneurial spirit and utilizing our office to kick start their new business, and that’s exciting to me," said LaRose. “These numbers are yet another positive indicator that Ohio is on the right track.”
NOTE: 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.
Editor’s Quick Facts:
- 10,084 new entities filed to do business in Ohio throughout February 2019.
- Compared to the same month last year, new businesses are up by 450.
- So far this year, Ohio is 12.7 percent ahead of last year’s record pace.
- 84% of all business filings were done online in February 2019.