California small businesses ‘feel stuck’ in economic ‘nightmare’: Study

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California small businesses ‘feel stuck’ in economic ‘nightmare’: Study
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A new study found 13% of small businesses in California are satisfied with their location and out of the unsatisfied businesses, 27% desire to relocate but cannot afford to do so.

“Nearly a third of small businesses feel they’re stuck in Hotel California, where they can check out anytime they like, but they can never leave,” Crapuchettes said.

“California used to be the engine of small businesses in America, but those still California dreaming are finding it’s become a nightmare — 67% want to escape.”The Freedom Economy Index survey fielded results from 80,000 small businesses with 840 respondents from across the United States. The study’s margin of error was plus or minus 3% with a 95% confidence level.

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