Ohio has the second highest annual new business filings

Anyone can go. Secretary of State website to offer new business for $99.

2022 is the second highest on record for new business starts in Ohio.. The state saw the creation of nearly 180,000 new businesses. This peaks at only 1970,010 new records in 2021.

Ohio Secretary of State Frank LaRose This is a good sign About 50% Ohioans work for small businesses.

“There is nothing small about small business,” he said.

What’s more surprising is that this development is ongoing. Economic instability. For LaRose, that shows just how strong Ohioans are.

“Ohio entrepreneurs know that despite inflation, despite labor challenges, despite supply chain challenges, Ohio is a great place to grow your business,” LaRose explained.

As of 2011 Secretary of the government website, 2019, 2020 and 2021 were all record-setting years, with 2021 filing the highest. LaRose said he believes the Covid-19 outbreak may have fueled the sentiment behind the number of installations.

“There was an energy built up there as people went through these challenges that we faced,” he said.

Kim Woodbury, director Miami Valley Small Business Development CenterShe said she believes the same.

“The last two years have been busier than before. And I think a lot of it is driven by the epidemic,” she said. “I think people lost their jobs. People suddenly realized that they were in danger.”

The Miami Valley SBDC offers free one-on-one business advice to small businesses of all levels, especially startups or pre-venues.

They also provide classes and other tools to help entrepreneurs start their businesses. In years past, Woodbury said people didn’t tend to follow through after signing up, especially once they took a class and realized the workload of running a business.

Since the Covid-19 pandemic, however, that has not been the case.

“It seems like we’re getting more and more serious people,” Woodbury said. They thought about it and are moving forward.

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