Secretary Husted Announces 2015 was Ohio’s Sixth Consecutive Year of Record Business Growth
Ohio sees a 21.8 percent increase from 2010 to 2015
Ohio Secretary of State Jon Husted recently announced that 2015 marks the sixth consecutive year the state has seen a record number of new entities filing to do business in Ohio. In 2015, 97,746 new businesses registered with the Secretary of State’s office, surpassing the record set in 2014 of 93,775 new entities by 3,971 businesses.
“We’re offering better customer service at a lower cost, which is just one of the many things that are helping to make Ohio a more attractive place to invest resources and hire workers,” Secretary Husted said.
At Secretary Husted’s urging, the state legislature reduced the cost of starting a new business in Ohio by 21 percent in 2015. The cost reduction was made possible by the wise fiscal stewardship that allowed the Husted Administration to spend $14 million less than the previous administration. Now just $99, Ohio is the least expensive state in which to start and maintain a business in the region. The reduction is estimated to save business owners $2 million annually.
