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FOR IMMEDIATE RELEASE
Tuesday, January 14, 2014

SECRETARY OF STATE JON HUSTED ANNOUNCES THAT 2013 IS A RECORD YEAR FOR NEW BUSINESS FILINGS IN OHIO
Number of new businesses filing with state has increased 18.7 percent from 2009 to 2013.

New Business Filings Up in Ohio - Four Years in a Row

COLUMBUS – Ohio Secretary of State Jon Husted today announced that 2013 marked another record year for new entities filing to do business in Ohio with 89,735 filings received. These numbers surpassed 2012 figures, in which the Secretary of State’s office received 88,068 filings. This marks the fourth year in a row in which the number of new business filings exceeded that of the previous year.

“We have cut processing times and with our new online system in many cases you can start a business 24 hours a day, 7 days a week. When you make it easier to do business in Ohio, more people choose Ohio,” Secretary Husted said. “We are improving Ohio’s business climate by continuing to roll out the red carpet and cut the red tape.”

The new online system making it easier to do business in the state is Ohio Business Central. Launched in October 2013, the website enables customers to file the most frequently used forms online. This new service allows for easier access, which reduces processing times and streamlines the administrative process. To date, more than 3,500 filings have been received via Ohio Business Central.

Despite the record filings and continued improvement of services offered to businesses, the Secretary of State’s office is doing it all with less. Since taking office, Secretary Husted has reduced his staff by 25 percent, from nearly 200 employees to less than 150. In fact, the 2013 fiscal year marked the lowest payroll spending in six years.

As part of the overall record number of filings for last year, December 2013 had 6,941 new entities file to do business, which is just slightly less than the 6,967 filings from December 2012.

Though the most visible role of the Secretary of State is that of chief elections officer, the office is also the first stop for individuals or companies who want to file and start a business in Ohio. While recognizing these numbers can’t provide a complete picture of Ohio’s jobs climate, they are an important indicator of economic activity that Secretary Husted hopes will add to the discussion of how to improve the state’s overall climate for business.

NOTE: 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, non-profit 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.

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For more information, please contact Alexis Zoldan at (614) 995-2239.

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