Ohio Secretary of State Husted Releases Year-End Filing Figures for New Businesses

SECRETARY OF STATE HUSTED RELEASES YEAR-END FILING FIGURES FOR NEW BUSINESSES

Announces updates to filing forms for companies to make doing business in Ohio easier.

 COLUMBUS  Secretary of State Jon Husted today announced that 82,601 new entities filed to do business in Ohio in 2011. Those numbers are up compared to 2010, in which 80,081 new entities filed. Secretary Husted also announced the roll-out of updates to filing forms designed to make is easier for domestic and foreign companies to do business in Ohio.

When it comes to the number of new businesses choosing to operate in Ohio, our state is heading in the right direction, Secretary Husted said. The Secretary of States office continues to do its part to ensure a more welcoming business environment, working to streamline the filing process for Ohio companies. We hope for an even more prosperous year for Ohio in 2012.

The year-end numbers include figures for December 2011, in which the Secretary of States office assisted with 6,463 new business filings. This is a slight increase from December 2010, in which there were 6,226 new entities filed.

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SBA Program Helps to Bridge the Small Business Gap

WASHINGTON – The U.S. Small Business Administration’s national network of Small Business Development Centers (SBDCs) plays an essential role in the economic development of their states and local communities through their direct, face-to-face counseling for small businesses, according to a report released today by the SBA.  The report, produced by the National Small Business Development Center Advisory Board, focuses on SBDCs’ impact on small business access to SBA’s programs and services, including access to SBA capital, procurement, disaster and international trade programs.

“SBA’s Small Business Development Centers give new and growing small businesses the resources they need throughout the year to grow and create jobs,” said SBA Administrator Karen Mills.  “The soundness of our economy depends on stable small businesses across the country and SBDCs are front and center helping entrepreneurs start, grow and expand their companies. These institutions reflect the diversity and individuality of their nearly 900 home towns and play an active and vital role in those.”

The report confirms that SBA’s SBDC program remains an essential part of the agency’s mission to help small businesses.  The report, The SBDC Program: An Indispensable Partner in America’s Economic Development, demonstrates statistically the prolonged impact that SBA-funded SBDCs have on the formation and growth of small businesses.  The report can be viewed online at http://www.sba.gov/sites/default/files/White%20Paper%20-%20FINAL%20-%2007-15-2011.pdf.

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Women-Owned Small Business Federal Contract Program Request For Comments

Women-Owned Small Business Federal Contract Program

Interim final rule; request for comments.

The U.S. Small Business Administration (SBA) is requesting comments on an interim final rule amending its Women-Owned Small Business (WOSB) Federal Contract Program.  The SBA proposes to change its regulations to make them consistent with the inflationary adjustments that are already codified in the Federal Acquisition Regulation (FAR) as they relate to the Women-Owned Small Business (WOSB) Program and the Simplified Acquisition Threshold. In addition, the SBA is amending its regulations pertaining to the WOSB Program protest procedures so that they are consistent with the protest procedures for SBA’s other government contracting programs.  This rule is effective on January 12, 2012; comments must be received on or before February 13, 2012.

Interim Rule from the Federal Register – http://www.gpo.gov/fdsys/pkg/FR-2012-01-12/html/2012-467.htm

Submit comments electronically – http://www.regulations.gov/#!home

Regulations.gov, the Federal government’s one stop site to comment on Federal regulations

For more information on Procurement Regulatory Alerts see http://www.sba.gov/content/procurement

For more information on Regulatory Alerts please see the Office of Advocacy webpage http://www.sba.gov/advocacy

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New Online Course Introduced for Native American Small Business Owners

WASHINGTON – Native American entrepreneurs have a new tool to help determine if they’re ready for business ownership and to help them get started.  Native American Small Business Primer: Strategies for Success is a free, self-paced online business course developed for Native American business owners.  The course provides an overview of basic business principles and  makes them aware of the programs and services available from the U.S. Small Business Administration.

“Native American Small Business Primer: Strategies for Success will enhance the agency’s effort to provide important resources for emerging Native American entrepreneurs,” said SBA Administrator Karen Mills.  “Our ultimate goal is to help create jobs and stimulate economic and business development in our Native American communities. This course is an essential business development tool for the entrepreneur’s toolbox.”

The new online course: emphasizes business planning and market research as essential steps to take before going into business; informs Native American entrepreneurs about the legal aspects of starting a business, including the type of ownership (legal structure) and licensing; and provides key information on seed money for starting up, raising capital, and borrowing money.  In addition, there is a section on how to estimate business start-up costs that can help assess the financial needs of going into business.

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