Archive for May 2018

Business Exodus From California Is More Troubling Than Sanctuary Policies

May 5, 2018

Really pleased that Chief Executive magazine recognized my research in today’s column, “Business Exodus From California Is More Troubling Than Sanctuary Policies.” Excerpts:

“California is facing a bigger issue than its tussle with the Federal government over sanctuary cities. According to a November report from the U.S Census Bureau, the Golden State has had 142,932 more residents exit to live in other states than people arriving from other states. This domestic outmigration was the second largest outflow in the U.S. behind New York and New Jersey ….

“[M]ore serious is the number of California-based companies that have left or signaled their intention to leave the state. Last year marks the first anniversary of the announcement that Carl’s Jr., a California burger icon for more than six decades, was relocating its headquarters to Nashville. It’s a symbol for what’s become a stream of businesses that have quit California. What was once an almost quiet exodus of companies now looks more like a stampede.

“In addition, two dozen California companies have said they are tired of the business-bashing in Sacramento, along with the high taxes — and are now threatening to leave the state.

“Business relocation expert Joe Vranich who, as president of … Spectrum Location Services … told Investor’s Business Daily (IBD) that from 2008 through 2015 …. that as many as 10,000 companies have left [California] in recent years.”

Here is the link to the full article: https://chiefexecutive.net/business-exodus-california-troubling-sanctuary-policies/

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.

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