KFI Audio Clip: Leaving California, Leaving San Francisco, Minimum Wage & More

ECC MicrophoneYours truly appeared on the ‘John & Ken’ show on KFI Radio, Los Angeles, regarding companies continuing to leave California, why so many people want to move out of San Francisco, and the hidden costs of the state’s new minimum wage. Seems like almost no one understands how it will hit businesses hard  — very hard.

The interview was sparked by the Jamba Juice Inc. announcement that it’s moving its headquarters from Emeryville, Calif. to Frisco, Texas. The Smoothie company has had a long history with California because that is where it opened its first stand 25 years ago.

Two years ago Toyota Motor Corp. announced it will move its Torrance headquarters to Plano, Texas, one of Frisco’s neighboring jurisdictions.

At that time, Gov. Brown revealed his aloofness towards the challenges of running a business in California by saying, “We’ve got a few problems, we have lots of little burdens and regulations and taxes, but smart people figure out how to make it.” The Wall Street Journal came back with this: “California’s problem is that smart people have figured out they can make it better elsewhere.”

The show, which aired on Friday, May 6, also explored some of the reasons that an estimated 10,000 companies have left California during the last eight years for other states or nations.

Because John and Ken have a huge listenership on KFI, which broadcasts at 50,000-watts, the program is the No. 1 local radio talk show in the United States. The audio link to the segment (about 14 minutes long) is here.

One focus of this blog has been to address California’s perennially difficult business environment. Joseph Vranich is known as The Business Relocation Coach while the formal name of his business is Spectrum Location Solutions. Joe helps companies find great locations in which to grow. Also, Joe has been a Keynote Speaker for more than 20 years – see A Speaker Throughout the U.S. and in Europe and Asia.

Explore posts in the same categories: Businesses leave California, Site Selection

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