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Headquarters & Business Services

Overview

The Midwest’s Major Players

The Columbus Region is home to 15 Fortune 1000 companies and several Fortune 500 companies, such as Nationwide, L Brands, AEP and Cardinal Health.

These companies are joined by some of the world’s most recognizable brands—Scotts, DSW, Express and Abercrombie & Fitch—as well as fast-growing disruptors—CoverMyMeds, Eloquii—in choosing the Columbus Region for their headquarters and significant back office operations.

Large and fast-growing companies alike benefit from one of the nation’s top talent pools and a competitive cost of doing business. Companies operating in the Region continue to pursue innovation, often testing new processes and products in the Columbus market, which is demographically representative of the nation as a whole.

The following scenario shows the cost of operating as a percentage of revenue for back-office operations:

Office Operating Costs

Project parameters: 200 jobs (office: SOC 13 and 43), 50,000 square feet, $10M land and building value, $1M tangible property (30% depreciation), $100M revenue, $5M in-state gross receipts, $10M profit
Metro Area Payroll Rent Taxes Total Cost Cost as a Percent of Revenue
Charleston $8.78M $5.48M $0.82M $15.08M 15.1%
Chicago $9.04M $5.10M $0.53M $14.67M 14.7%
Dallas $8.84M $5.60M $1.11M $15.56M 15.6%
Detroit $8.77M $5.78M $0.28M $14.83M 14.8%
Indianapolis $8.28M $4.15M $0.90M $13.33M 13.3%
Los Angeles $8.00M $5.26M $0.82M $14.08M 14.1%
Louisville $7.95M $5.02M $0.76M $13.74M 14%
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Notable Employers

Quick Facts

  • Home to 5 Fortune 500 headquarters and 15 Fortune 1000 headquarters.

  • Over 37,400 workers employed directly in 330 corporate managing offices.

  • The Columbus Region is within a 10-hour drive of 48 percent of all U.S. headquarters operations.

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