New Business Filings Up in Ohio During April
COLUMBUS, Ohio – The month of April saw 8,539 new entities filing to do business in Ohio, reports Secretary of State Jon Husted. This compares to April 2012, in which 7,765 new entities filed start-up documents with Husted’s office.
Year-to-day, 32,504 new business filings have been recorded by the secretary of state, an increase from the first four months of 2012, in which there were 31,565 new business filings.
While recognizing these numbers can’t provide a complete picture of Ohio’s jobs climate, they are an important indicator of economic activity, 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, nonprofit and professional corporations, limited liability companies, partnerships, limited partnerships and limited liability partnerships.
Filing these documents does not guarantee the company will begin operations, be profitable or create jobs.
Published by The Business Journal, Youngstown, Ohio.
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