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NW Franklin News

Thursday, November 7, 2024

Increasing number of Franklin County professional licenses set to expire in 2024

Genbusiness010

There are 28,583 professional licenses expiring in Franklin County in 2024 in Ohio, according to the eLicense Ohio Professional Licensure System.

This is a 215.1% increase over 2023.

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 set to expire by Year
Expiring in 2024Expiring in 2023Percentage change (%)
28,5839,072215.1%

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