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New Business Numbers Starting Strong in 2020

COLUMBUS – After another record-setting year in 2019, Ohio Secretary of State Frank LaRose today announced 12,069 new businesses filed to do business here in Ohio in January. This is an increase of 2,998 from December.

“Ohioans are utilizing our strong economy to pursue their American dream, and they’re choosing to do it right here in Ohio,” said LaRose. “As we begin the new year, we’ll continue our efforts to provide the resources they need to succeed.”

January’s numbers indicate a strong start to 2020 for Ohio entrepreneurs, building off yet another record setting year in 2019 we had more than 130,000 new businesses start in the Buckeye State. 

Ohio is also seeing a greater number of Ohioans taking advantage of quick-and-easy online filings through the Ohio Secretary of State website. Last month, online filings made up 85% of all business filings. 

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:

  • 12,069 new entities filed to do business in Ohio throughout January 2020, and increase of 2,998 from the previous month and 2,054 from the same month in 2019.
  • Compared to the monthly average last year, new business filings are up 11% in January.
  • 85% of all business filings were done online in January 2019.
  • We've compiled helpful resources to aid Ohio business-owners as they work to make their enterprise a success. Ohio entrepreneurs can find them at  OhioSoS.gov/BusinessResources.

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Media Contact

Maggie Sheehan
[email protected]
614.466.2729