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Doing business in Ohio is now more affordable than ever, thanks to passage of Ohio House Bill 3, signed into law by Secretary of State Jon Husted, effective Sept.24. Fees for business registrations are down by 21 percent and now cost $99.
Monique Cox-Moore, Statewide Minority Outreach coordinator with the Secretary of State’s Office, gave an assist with online business registration to would-be businesses owners at the Urban League of Lorain County's (Elyria, OH) Business Ownership Success Strategies series or B.O.S.S.
The hands-on training helped participants get a handle on the best business structure to choose. Cox-Moore focused on helping participants understand the differences in limited liability companies, for-profit corporations, partnerships and sole proprietors. She stressed that today most small business choose the way of LLCs
Frank Whitfield, Lorain County Urban League president and CEO, said the passage of the bill means much more than reduced fees, to get small businesses up and running.
“This also is a statement and a reflection that the state wants it to be easier for businesses to succeed in Ohio,” he said. “This is just one of the many ways that the state of Ohio is saying ‘we’re going to be here to support you,’ ”
On the heels of lower fees, tech giant Google also announced it will be lending a helping a hand to start-ups in Ohio, implementing its “Let’s Put Our Cities on the Map” program. Primarily, Put Our Cities on the Map provides information on how to build a website, reserve a free domain, register office locations with Google’s map search features and advice from industry experts.
In addition to programs like B.O.S.S. the Urban league also operates a minority business assistance center.
“We have counseling provided here, on site, not only to help businesses get on their businesses going, but to grow as well," Whitfield said.
To read the full article, please visit: http://www.morningjournal.com/general-news/20150924/urban-league-shows-aspiring-business-owners-whos-the-boss
