For many years, California was the state that everyone wanted to move to in pursuit of success. While it still has a comfortable climate and a very talented labor force, these attributes aren’t enough now to keep people from leaving California. A recent study performed by Joseph Vranich of Spectrum Locations Solutions aims to assess the growing trend of people leaving California and to identify how much of it is due to California’s unfriendly business atmosphere.
Sometimes a company decides to move to another state to reduce the cost of doing business or offer a superior quality of life for employees. There are a number of tasks that go into moving a business. These tasks include finding a new facility, coordinating staff, notifying customers, obtaining business licenses, applying for taxes and other incentives, and making the physical move. During this complex process, don’t forget to relocate your formal business entity.