Ohio Beats 2020 Record for New Business Filings
COLUMBUS, Ohio — With more than a month left this year, Ohio Secretary of State Frank LaRose reported Tuesday that the state has already set a record for new business filings.
As of close of business Sunday, 181,586 new businesses have been created in the state of Ohio in 2021, breaking the record of 171,073 new businesses set throughout all of 2020, according to a news release from LaRose’s office.
That surpasses the record of 171,073 new businesses set in all of 2020.
“Entrepreneurs deserve all the credit – plain and simple. They’re the ones putting in the long hours, building their product, providing the services, and most importantly – taking the big chances,” LaRose said. “With great resolve, Ohioans have stood in the face of unpredictable headwinds and sent a loud and clear message to the nation – I want to do business 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. The filing does not guarantee the company will begin operations, be profitable or create jobs.
Published by The Business Journal, Youngstown, Ohio.