Ohio sees record-breaking year for new business growth

Ohio saw another record-breaking year for new business growth in 2018.

Ohio Secretary of State Jon Husted today announced that with 125,204 new business filings, 2018 was a record-breaking year for new businesses formed in the state. This marks the ninth consecutive year the state has seen a record number of new entities choose Ohio.

In 2017, approximately 117,429 new businesses registered with the Secretary of State’s office.

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“We have made our state a place where people increasingly want to do business and shown how government can – and should – work,” Husted said.

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.


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