This is a 25.9% increase over the fourth quarter of 2022.
Starting and managing a small business in Ohio is not an easy task. Nearly $172 billion is paid to employee salaries and more than 72,924 businesses declare bankruptcy every year.
A Congressional Research Service study found small firms accounted for about 63 percent or two-thirds of new private-sector jobs in the U.S.
Comparison of professional licenses issued by Quarter
Issued in Q1 | Issued in Q4 2022 | Percentage change (%) |
---|---|---|
316 | 251 | 25.9% |