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Ohio Business Climate Improvement

Ohio’s implementation of sweeping business climate reform has eliminated any impediments to business location or expansion in the state. Due to 21st-century reform, Ohio is on track to offer the lowest taxes in the Midwest, after full implementation of tax reform in 2010.

Making a commitment to eliminate a burdensome tax system, Ohio in 2005 implemented full-scale, sweeping tax reform. Ohio’s new business taxation model will mean a reduction in tax burden of up to 63 percent by 2010, the first year reform is fully implemented. For more on Ohio’s Tax Reform or to download the Year One in Review brochure click here.

Legislation signed into law in 2004 has established Ohio as a state leader in tort reform limiting damages plaintiffs may collect in civil lawsuits, which if left unchecked can prove costly to business. For more on Ohio’s Tort reform click here.

Bringing Work:Life Balance to You

July 1st, 2008, No Comments

Ellen Minerd and Jane Vitou, sisters and co-founders of Bootcamp Babes, started their company in 2004 to educate men and women of all ages on the need for daily exercise. Teaming up with corporate fitness programs, Boot Camp Babes instruct employees of all ages and fitness levels on basic exercise routines.

In speaking with Ellen and Jane, their passion for work:life balance is reflected in their business philosophy and personal lives. Not only does Ohio provide the business environment this small business needs to succeed, but encourages the pursuit of better balance for companies and their employees.

Check out recent research studies, articles and testimonials and other resources for why business leaders, just like Ellen and Jane, should consider work:life balance as a key element of their business growth strategy.

The Boston College Center for Work & Family’s Organizational Effectiveness Model describes three key ingredients needed to achieve organizational alignment in work:life and workforce management.

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Ohio Attracts Top Medical Leaders

May 15th, 2008, No Comments

The health care industry has the potential to be a high-stress and intense work environment, long commutes and little outside culture and entertainment can add even more strain with no personal reprieve in sight. As Ohio is known for being "The State of Perfect Balance," many of the state's health care professionals can truly enjoy their leisurely pursuits outside of the operating room.

I recently spoke with Dr. Chip Souba, dean of The Ohio State (OSU) College of Medicine, interim senior vice president for Health Sciences and CEO of The OSU Medical Center, about how Ohio's work:life balance opportunities have helped the academic center recruit top students and medical experts.

TRUE OR FALSE: Having a strong work:life balance gives companies a competitive edge in employee recruitment.

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Statewide Tax Incentive Rewards Ohio Businesses

May 7th, 2008, 1 Comment

Ohio's recently reformed tax initiative assists young businesses, especially startups, in providing them with extra capital to further enhance their services or products—even expand staff. The reformed initiative nourishes Ohio's businesses, but also supports outside entrepreneurs looking to call Ohio home.

I recently spoke with A.J. Hyland, president and CEO of Hyland Software Inc., about how Ohio's current tax initiative is helping small businesses to become sustainable and competitive in their respective markets.

TRUE OR FALSE: In Ohio, the first $1 million in gross receipts for companies are tax-free.

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Economic Transformation

April 29th, 2008, No Comments

Ohio is going through quite an economic transformation—traditional manufacturing jobs are giving way to a new generation of workers sometimes referred to as "green collar" workers.

In order to make this transition, these more traditionally-trained workers are using their years of expertise in industries like automotive to make a foray into the green collar workforce.

Northwest Ohio is a great example of a region shedding its "Glass City" image and making great strides to transition into an emerging advanced energy industry. You may have seen some of the recent coverage in the Wall Street Journal and Newsweek.

TRUE OR FALSE: Ohio is home to over 20,000 manufacturing companies.

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The Real Impact

April 23rd, 2008, 2 Comments

A recent report released by the American Solar Energy Society predicts that as many as 175,000 Ohioans could have jobs related to advanced, renewable energy by 2030.

Through initiatives such as Ohio Governor Ted Strickland's Energy, Jobs and Progress plan, announced in 2007, Ohio is modernizing its energy infrastructure, ensuring affordable and stable energy prices and attracting renewable energy jobs of the future through an Advanced Energy Portfolio Standard.

The essential element, of course, is the continued focus on these skilled professionals who use their talents to improve the emerging renewable energy industry, and make up a new labor pool emerging as a result of the state's commitment to advanced energy.

Do you think Ohio’s location, existing skilled labor pool and depth in core industries uniquely position it to become a global leader in the advanced energy industry?

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