He can physically run the business from CO, but the on-paper corporate location (now Florida) appears to be significant.
As I posted a quote about it before, Florida now appears to be "the" place for corporations that want to expand to locate their on-paper homes.
Why would Nixon bother to make a move like that if he just wanted to do 'business as usual' (=not expand) or go out of business (=bankrupt)? In fact, why would he have bothered to hire a new franchise marketing firm if he wasn't planning to (attempt to) franchise? I mean, why fake it?