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4.3 Business Statistics Summary

The business statistics for the target market of Cuyahoga County present a very interesting picture when compared to the State of Ohio. For example of all the businesses operating in the County, 13.6% are black owned when compared to only 5.8% of the entire State - we feel that this has a lot to do with the fact that the city of Cleveland is a part of the target market and most cities and metropolitan areas of course tend to have a larger concentration of minorities. The number of firms owned by Asians, Hispanics and women in Cuyahoga County are on par with numbers for the State of Ohio.

The sales tax in Cuyahoga County stands at 8.00% and is slightly higher than the statewide average of approximately 7.25%. Retails sales per capita for Cuyahoga County stand at $11,193 as compared to the $12,049 for the State of Ohio. There were 1,039 building permits issued for Cuyahoga County in 2013 as compared to 19,903 for the entire State of Ohio.

Quick Links:

  1. Go to the Corresponding Template section for this industry.
  2. Go to the Corresponding Questionnaire section for this industry.

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