Why Are So Many California Businesses Changing Hands?

Why Are So Many California Businesses Changing Hands?

Photograph by Ian Stanley/Alamy This summer, Bloomberg News published research indicating that California lost 5.2 percent of its business establishments in 2012. Why were California’s businesses disappearing at the nation’s fastest rate? High taxes and over-regulation, said a torrent of commenters on a blog post from July, echoing the often-repeated theory that Golden State business […]

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Why Are So Many California Businesses Changing Hands?

Why Are So Many California Businesses Changing Hands?

Photograph by Ian Stanley/Alamy This summer, Bloomberg News published research indicating that California lost 5.2 percent of its business establishments in 2012. Why were California’s businesses disappearing at the nation’s fastest rate? High taxes and over-regulation, said a torrent of commenters on a blog post from July, echoing the often-repeated theory that Golden State business […]

Read More