COLUMBUS – Secretary of State Jon Husted today announced that 7,346 new entities filed to do business in Ohio in August. These numbers are down slightly compared to August 2010, in which 7,790 new entities filed with the Secretary of State. However, the Secretary of State’s office has assisted with 56,568 new business filings to date in 2011 (January-August). This is an increase from last year’s 54,505 new business filings during the same time period.
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.