COLUMBUS – Secretary of State Jon Husted today announced that 7,440 new entities filed to do business in Ohio in May. This number is up from May of 2010, in which 6,682 new entities filed with the Secretary of State. So far in 2011 (January, February, March, April and May), the Secretary of State’s office has assisted with 37,612 new business filings. This is also an increase from last year’s 34,632 new business filings during the same time period.
“The increasing number of entrepreneurs choosing Ohio as the place to start a company serves as a reminder that our state is open for business,” said Husted. “These numbers are good for Ohio’s economy.”
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.