2012 Sets Record New Business Filings in Ohio
COLUMBUS, Ohio – The number of new companies that filed in Ohio in 2012 set a record for the state, based on data available. In total, 88,068 new entities filed to do business last year -- the most in the 209-year history of the state.
“More companies choosing to do business in our state helps grow our economy and increases job prospects for people across Ohio,” said Secretary of State John Husted.
Husted also noted that more than 2.1 million new businesses have filed with the state since Ohio wasadmitted to the union in 1803.
Last month, Husted announced that 2012 year-end filing figures for new businesses showed three consecutive years of growth. In fact, data showed that the number of new companies that filed with the state increased 16.5% from 2009 to 2012.
New business filings are classified as forms filed with the office of the Ohio secretary of state that declare the formation of a business entity, including for-profit, nonprofit and professional corporations, limited liability companies, partnerships, limited partnerships and limited liability partnerships.
Husted's office is the first stop for individuals or companies who want to file and start a business in Ohio. Filing as a business in Ohio does not guarantee the company will begin operations, be profitable or create jobs.
Published by The Business Journal, Youngstown, Ohio.
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