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Ohio Breaks Record For New Business Creation

COLUMBUS – Ohio Secretary of State Frank LaRose today announced 130,621 new businesses filed in Ohio in 2019, setting a new annual record. 9,071 new entities filed to do business in Ohio in December – the best December on record – and helped drive Ohio over the 130,000 new businesses threshold for the first time ever.

In 2019, 5,417 more new businesses filed in the state of Ohio compared to the previous record set in 2018.

“Business drives job creation,” said LaRose. “Crossing the 130,000 new business threshold and setting a new Ohio record emphatically speaks to Ohio’s reputation for entrepreneurship, but we can’t rest on our laurels. We’re going to be doing our part to continue innovating and making sure the men and women who are driving this surge in business creation have the resources they need to grow and succeed.”  

 

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:

  • NEW RECORD (2019): 130,621 new businesses created.
  • PREVIOUS RECORD (2018): 125,204 new businesses created.
  • 9,071 new entities filed to do business in Ohio in December 2019, best December on record.
  • 5,417 more new businesses have filed in the state of Ohio in 2019 than in 2018.

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Maggie Sheehan
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(614) 466-2729