(Shutterstock)

How West Coast Businesses are (Trying to) Balance a Higher Minimum Wage

In California, higher state and local minimum wages are contributing to some owners’ decisions to sell businesses, said Bob House, general manager of the San Francisco-based brokerage BizBuySell. The company listed 2,296 businesses for sale in metropolitan Los Angeles between March and June, compared with 2,136 in the same period a year earlier.

Sep 25, 2015 James Nash
Gov. Jerry Brown announcing the 2015-2016 fiscal year budget proposal at the State Capitol last May

(Photo: Ken James for Bloomberg News)

Super-Earners Targeted in California Tax Push as Revenue Surges

Governor Jerry Brown convinced voters in 2012 they had to raise taxes if they wanted to avoid Draconian cuts to schools. It was temporary, he said. Now, as state coffers are heavy with surplus revenue, advocacy groups and organized labor want to keep the levies in place.

Sep 24, 2015 Alison Vekshin
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Go Slow to Go Fast

Winging it won’t work in today’s business landscape

Have you ever walked into a semi-dried lake bed? You start out on firm sand, and little by little the ground gets softer and stickier and deeper until finally the mud pulls your boots straight off your feet. That’s the position of many companies battling today’s marketplace, particularly small-business owners set in their ways and family businesses unable to overcome Dad’s unwavering march into the ground.

Sep 1, 2015 Christine Calvin
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Minimum Wage Increase: Bad Medicine for a Recovering Economy

Increases in large metropolitan cities are not comparable to the regional economy that is growing in Sacramento

Trends in politics take hold as quickly as those in fashion, and minimum wage increases are definitely “in” this political season. But unlike in the past when Capitol Hill and state legislatures served as battlegrounds for minimum wage debates, cities are now the epicenter. Buoyed by increases enacted in a handful of megacities, American municipalities of all sizes have started asking whether they should follow suit, and if so, to what degree.

Sep 2, 2015 Peter Tateishi

To Tip or Not To Tip?

Will an increased hourly wage decrease tips?

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