COLUMBUS– Ohio Secretary of State Jon Husted today
announced 8,003 new entities filed to do business in Ohio during
September 2015. This is up slightly from the same month in the previous
year, September 2014, when 7,947 entities filed.
So far in 2015,
75,377 new businesses have been formed in Ohio, maintaining course for
2015 to be another record-breaking year for the state. At the same
point in 2014, 71,668 new businesses were filed with the Secretary of
On September 24, 2015, the costs associated with starting a new
business in Ohio were reduced by 21 percent, making Ohio the least
costly state in the region to start and maintain a business. That cost
reduction represents the first time the fee has been cut in modern
history. The cut was made possible by Secretary Husted’s responsible
fiscal stewardship over the office, which reduced operating expenses by
more than $14 million over the past four years representing a 16
percent cut from the previous administration.
stewardship earned Secretary Husted the distinction of being the only
statewide officeholder to request a reduction in state funding in the
most recent biennial budget proposal enacted by the General Assembly.
state has experienced record business growth each year for the past
five years, beginning in 2010. Under the leadership of Secretary
Husted, the state has made it possible for more than 80% of all filings
to be done online with one in two companies now being established
electronically through the Secretary of State’s Ohio Business Central service. This includes 100 percent of Ohio-based businesses.
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 ongoing discussion of how to
improve the state’s overall climate for business.
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