Jamba Juice leaving Ca for Texas (Los Angeles, San Francisco: middle-class, section 8, apartment)

[Cream1]

Originally Posted by 3shipguy

Chevron, Toyota, Carl's Jr, now Jamba Juice. The exodus continues. Over 9000 companies have left. Google it. That's ok. No need for their tax revenues when we can tax the hell out of our residents...

B-b-but we're ranked #7!

[jm1982]

Originally Posted by 3shipguy

Chevron, Toyota, Carl's Jr, now Jamba Juice. The exodus continues. Over 9000 companies have left. Google it. That's ok. No need for their tax revenues when we can tax the hell out of our residents...

And the thing is for every Toyota or Carls Jr or Jamba Juice that is a household name there are tons of other businesses that most people have never heard of which are leaving too.


Blog: Money's leaving California in a hurry

http://www.bizjournals.com/dallas/bl...xpansions.html

This is an interesting article about Bay Area tech companies moving to Texas.

Tech pipeline to Texas: Tax money, people flow out of Bay Area - San Francisco Chronicle

"“If you want to attract people in their 30s who either have a family, want a family or want to buy a house, Texas is looking pretty good,” said Joel Kotkin, an urban studies fellow at Orange County’s Chapman University. “In the Bay Area, there isn’t a place you can easily go to and live decently. ... It’s evolving into this gigantic gated community.”"

Another interesting point in the article is that being in an area with a bunch of tech companies similar to yours can also be a negative ..
". “When you’re training people and they get poached six months later, you’re not really moving your own company forward. ... You don’t have that problem in Austin.”"

[Tulemutt]

Originally Posted by jm1982

Jamba Inc. will close its Emeryville, Calif., office and establish a new corporate home in Frisco, Texas, about 30 miles north of Dallas. In a statement, Chief Executive David Pace said Jamba was looking for places that had “competitive operating costs,” access to “skilled restaurant talent” and an “attractive cost of living,” along with a central location for further expansion.

If you read above , this is the reason that Jamba Juice left. It's the reason many other businesses leave CA and why many more will leave in future.

Is the Jamba Juice CEO just lying about this stuff?
You're a joke man.
Reality is right there in your face and you deny it!

Good thing you aren't the CEO of Jamba Juice...you'd run it into the ground!

What would you consider it when someone says they are moving specifically because of these reasons.
Let's see you prove that Emeryville is a better place for them to operate versus Texas.
I'm sure you being such a genius would be able to figure out a way to 'make it work' right?

I guess we can't trust the CEO of Jamba Juice , he must be lying and just really loves Frisco Texas. That must be the real reason he's moving the company there...
I guess we should all listen to you rather than him.

Jamba Juice, with its 120 corporate employees is how you measure California's economy, jm? Lmao. Jamba Juice, like many companies, may well be better off moving. So what? Companies come and go all across the nation and around the world all the time since back forever. It's absolutely meaningless. The only relevant question that would occur to anyone with half the brains god gave a gnat is: What is the relative growth of California business in relation to other places? It doesn't matter how many businesses. It matters how MUCH business. And in that perspective we find:

California cranks out new businesses and jobs despite criticism


The Golden State perennially ranks at the bottom of national surveys gauging business friendliness. Chief Executive magazine recently called it a "deeply troubled" state, where companies are so over-regulated that "most cannot afford to do business."


But a new study drawing on more than three decades' worth of census business-formation data tells quite a different story.


California has spawned new businesses at one of the fastest rates in the nation over the last decade, and faster than the U.S. economy overall, the report found. The state is also a leader in job creation tied to those new businesses: In 2013, California added jobs from newly established businesses faster than all but four other states.
California cranks out new businesses and jobs despite criticism - LA Times

The article continues:

"Does this mean California is business-friendly? Of course not," said Christopher Thornberg, founding partner of Beacon Economics, who helped prepare the study. "It means that being 'business friendly' is not the be-all and end-all of economic development."

Although critics tend to seize on high-profile anecdotes such as Toyota Motor Co. or Occidental Petroleum Corp. moving their U.S. headquarters from California to Texas, those departures are not indicative of larger trends in a $2.3-trillion state economy.


...

For each year since 1976, California's pace of new business creation has been faster than the U.S. rate, and often faster than Texas'.

And continues:

Less than 1% of all businesses that disappeared in California in 2013 were due to out-of-state relocations, according to data from Youreconomy.org, which tracks business dynamics across the country. That's in line with the average for all states.

And an earlier Beacon analysis of census migration data showed that, despite California's comparatively high income tax rates, more people making in excess of $100,000 a year moved to California from other states from 2007 to 2013 than those who left.

And continues:

A 2011 study from the Public Policy Institute of California found that the political debate over business friendliness probably "overemphasizes the role of policy and policymakers in determining their states' economic performance."


"The situation in California is much more nuanced than just rating the state's business climate based on taxes," said F. Noel Perry, founder of Next 10. "Notwithstanding those higher tax rates, there's many many thousands of people in California who think they can start a business from scratch and be successful at it."

Now jm, Howeister, 3shipsguy - compare the conclusions of 30 years of data in a public policy institute study with your references to a "seven year study" by a guy marketing his services as a business relocation consultant.

[Tulemutt]

Originally Posted by Howiester

You'll never win a debate with a pseudo intellectual, they are far too "enlightened." Eventually they'll win the debate out of attrition, and then say "you can't keep up."

Howiester you're hilarious too. You can't debate with a high school dropout retired exmilitary / blue-collar guy? Ever stop to think maybe the problem isn't "pseudo-intellectualism", but more like your total lack of rational application of intellect?

I have challenged you several times in the past week to factually back up rebuttal positions you have posted. So far you haven't shown any sources or references. Just snark. If you can't debate, why stick your neck out?

[Tulemutt]

Originally Posted by V8 Vega

I haven't seen any facts.

Yes Vega. Everyone on this board has noticed you never see any facts.

But, I am still willing to put them in front of you if you post a quote from me of what you think I can't back up.

[Tulemutt]

Originally Posted by Howiester

B-b-but we're ranked #7!

Another perfect example of your odd absence of logic. What, exactly, does the exit of those companies have to do with being ranked #7? California's $2.3 trillion economy is ranked #7 worldwide without them here.

[radiolibre99]

Tule mutt while I applaud you for making the case for CA, there is a piece of info you forgot to share in the link you posted:

Still, critics of the state's business climate say the rapid pace of new business creation masks the challenges for long-tenured companies operating in an expensive state.

"Certainly you have the talent here and you have the investor capital, so start-ups are going to blossom here more than the rest of the country," said Allan Zaremberg, president and chief executive of the California Chamber of Commerce. "Once you get beyond that, if you have an IPO, you have to be able to perform. Mature industries are always looking at their costs: Can my employees afford to live here? Can I afford the rent?"

We may be the king of the start up but after a while the added costs of doing biz in CA may drive some businesses away. Especially businesses that don't necessarily cater to high tech. What'll be left as the article also suggests is very high skilled high tec businesses that require high pedigreed individuals making in excess of 100,000. That's exactly the type of people flourishing here. The access to research, universities, high amount of credentialed professionals, and network of like minded businesses, plus the sheer amount of potential customers it would be nuts for some owners to walk away from that.

So the debate might be resolved by saying that both you AND jm are correct. The state is still top of its game in economic growth but growth for who? Who benefits? The average Californian?

[Finper]

Well said radiolibre. There will be lots of iWatches for people to wear but the unemployed garment workers won't be able to afford clothes...

[NewbieHere]

Originally Posted by Howiester

B-b-but we're ranked #7!

I think we came down from #6.

[radiolibre99]

Thank you, the kind of underlying current I gather from a lot of the posts on this forum is that CA is beast at creating these enclave cities that have the best and the brightest from all over the world, which they do, and they also have the tightest, strictest regulations that help foster an aesthetically pleasing environment for the workers at said companies where a lot of the credentialed employees make ample salaries, which they do. And they tout these coastal enclaves as being the best of the best coupled with the serene weather making it the best place to live in the entire country if not the world. Which, it is.
But what about the rest of the population? Well....the answer is usually, if you can't afford it, get out. There is a nice red state you can go to.
So we have conflict of visions here. CA says quality of life is more important than "business friendly" Some of the red states vying for CA businesses think more practical and quality of life is secondary.
I have to hand it to CA, they certainly are visionaries and they have a vision for their state and they spare no expense to create it, even at the cost of those who cannot afford their vision. Red states will gladly take the "refugees". Meanwhile the techie with his laptop on the beach sipping a mai tai will wave goodbye and snicker and think too bad so sad that you cannot afford our paradise. The vision comes first.