In 2012, CA lost businesses at a 67.7% higher rate than 2nd worst state!
Here’s another “mystery,” discussed in the BusinessWeek article below. Well, a mystery for some, at least.
California is losing businesses faster than any state in the nation — both in the number of businesses lost (no big surprise, given our size) and the RATE at which they are being lost. And this isNETlost businesses.
Salient excerpt: There were 1.3 million businesses in California at the end of 2012, 5.2 percent fewer than in the previous year (that’s about 73,000 fewer). To put that in perspective, Massachusetts lost 5,200 businesses, the second-highest amount, and Kansas had 3.1 percent fewer businesses in 2012 than in 2011, the second-highest loss rate. Nebraska added businesses at 11.9 percent, the fastest rate.
Look at those stats, and consider this:In 2012 California lost businesses at a rate 67.7% higher than the SECOND worst state (Kansas).
Oh my!… Read More