The Ohio Secretary of State's office announced Thursday that 13,747 new entities filed to do business in the state last month — the most new business filings in a single month in state history.
In comparison, there were 873 more new business filings in the state of Ohio than in the second highest month of April 2018.
“It’s a significant milestone, and one that wouldn’t happen without a business environment that encourages entrepreneurs to take chances — to innovate and grow,” said Secretary of State Frank LaRose, R-Hudson, in a news release. “We’re going to continue doing everything we can to empower Ohioans to succeed.”
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, nonprofit 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.