Ohio Recorded Second-Highest Number of New Business Filings in 2022

COLUMBUS, Ohio – There were 179,636 new business filings in Ohio in 2022, the second-highest yearly total in state history, according to the secretary of state’s office.

The record yearly total was set in 2021, with 197,010 filings.

In December 2022, there were 13,012 new business filings, compared with 12,516 filings in December 2021.

“In the face of national economic headwinds, Ohio entrepreneurs continue to show their resilience,” Ohio Secretary of State Frank LaRose said. “If you’re an Ohioan looking to live out the American dream of starting your own business, you should know that we’ll always have your back, and we’re here to help you from the day you file those first articles of incorporation through the growth of your business.”

A new business can be filed in Ohio for $99, and the application can typically be processed in 24 hours. More information is available on the secretary of state’s website.

Pictured at top: An open sign is seen in the window at a business. (Photo courtesy of pexels.com)

Published by The Business Journal, Youngstown, Ohio.