Economic Development

Record 125K New Ohio Businesses File in 2018

COLUMBUS, Ohio – For the ninth straight year, the number of new-business filings in Ohio has increased, the Secretary of State office reports, as 125,204 entities filed paperwork to do business in the state.

The figure also set a record, beating out the 117,429 businesses that filed to do business in 2017. In December, 8,794 entities filed the necessary paperwork to operate in the Buckeye State.

“During the last eight years, my administration has focused on providing the best customer service possible, implementing innovative reforms, and cutting costs and processing times associated with starting and maintaining a business in Ohio,” Secretary of State Jon Husted said in a release. “As a result, we have made our state a place where people increasingly want to do business and shown how government can – and should – work.”

Since Husted took office in 2011, the agency has launched Ohio Business Central, which allows businesses in the state to create and renew paperwork entirely online; partnered with Google to provide small businesses with promotional tools; and partnered with the Cleveland Sight Center to reduce wait time at the Business Services Call Center.

Published by The Business Journal, Youngstown, Ohio.