FBA Chairman Ken Monroe wrote this op-ed for the Pacific Coast Business Times, which serves Ventura, Santa Barbara, and San Luis Obispo counties. The article suggests that help may be on the way from DC but it’s time for Sacramento to take a hard look at its regulatory regime as well. The full piece can be found here.
Family businesses are the backbone of California’s economy. From family farms to shops and restaurants to manufacturing companies, our businesses don’t just provide goods and services; we create jobs, support communities, and carry on legacies built over generations.
As chairman of the Family Business Association of California, I hear all the time from our members that our businesses are facing a threat that is difficult to overcome: excessive government regulations that affect virtually every aspect of our operations.
Regulatory mandates are often well-intended. They were enacted to provide protections to workers, the environment and the public as a whole. In many cases, regulations make sense.
But too often, they are excessive — and the cumulative costs of complying are a major reason why a steady stream of California companies are moving operations to more business-friendly states.