Regulation

Relocating California Firms Becomes a Big Business

As companies flee taxes and regulations, the Golden State's neighbors make the transition as easy as possible

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Joseph Vranich's job is to help companies relocate to a better place.

He said that in the past, he's had firms from all over the country seek his services but lately he's been inundated with California firms wanting to find a new place to operate.

Using public domain sources, Vranich tracked 254 firms that left California last year. On his blog called The Business Relocation Coach, he wrote: "The top five destinations are (1) Texas, (2) Arizona, (3) Colorado, (4) Nevada and Utah tied; and (5) Virginia and North Carolina tied."