Crippling draconian taxes, rampant unchecked crime, incredible regulations on every part and detail of so-called 'your business', and now wage laws, have most businesses fleeing California because there is no point to doing business there.
Unlike what the Liberal mind believes, no one opens a business for charity or for community benefits. People run businesses to make money. When you take the 'make money' part out of the equation, then who need the stress and the hundreds of different liabilities involved in running businesses today.