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One of 3 Ohio New Businesses Started Online
COLUMBUS, Ohio -- A total of 7,545 new entities filed to do business in Ohio in August. This is an increase compared to August 2013, in which 7,094 new entities filed with the Secretary of State.
To date, the office has assisted with 63,721 new business filings (January-August), according to Jon Husted, secretary of state. For the same period last year, there were 62,323 new business filings.
During the previous two years, 2012 and 2013, the state saw a record-setting number of new businesses file with 88,068 and 89,735 new companies filing to do business in Ohio, respectively. Growth in online business filings has been steady and available online services continue to be expanded, Husted said. Since the online program’s launch in October 2013, nearly 23,000 filings have been submitted and one in three new companies is now started online in Ohio.
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 as a business in Ohio does not guarantee the company will begin operations, be profitable or create jobs, the office noted.
Published by The Business Journal, Youngstown, Ohio.
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