Home Must Reads Restaurateur employs novel funding tactic

Restaurateur employs novel funding tactic

| Print |  Email
Must Reads
Tuesday, January 17, 2012

Cactus BBQ and Grill owner Tom Bensen has come up with an unusual funding tactic to reopen his restaurant.

Benson is employing an unusual tactic suggested by a customer and that other customers are getting behind. He's asking them to come up with enough money to get him started again, and keep him going through the winter. He'll pay them back in half-priced food.
Winters are tough for restaurants along the Oregon Coast. Tourist traffic dries up after Labor Day -- "It's kind of a like a faucet that only runs during the summer," Benson said.
And, without a steady stream of local customers to keep the venture alive, restaurants fold. But it takes time to build up that base of loyal local customers who keep eateries alive during the off-season. Benson opened Cactus BBQ on April 1, less than a year ago.

Read more at KGW.

{biztweet}cactus bbq{/biztweet}

 

 

More Articles

On fire

March 2014
Tuesday, February 25, 2014
BY JESSICA RIDGWAY

A self-proclaimed “chile head,” John Ford “grows, eats and does everything spicy.” 


Read more...

The solution to youth unemployment

News
Thursday, February 27, 2014
02.27.14 Thumbnail TeenworkBY ERIC FRUITS

Because they have little chance of working for someone else, today’s teens need to be entrepreneurs. But, first, we must teach our teens that entrepreneurship starts small.


Read more...

The future of money

March 2014
Tuesday, February 25, 2014
BY JAKE THOMAS

An ancient institution moves slowly into the digital age. 


Read more...

How to handle the unexpected

Contributed Blogs
Friday, March 28, 2014
03.28.14 thumb disasterBY TOM COX | OB BLOGGER

The next mysterious (or disastrous) event could be one that you or your team might suddenly need to respond to, probably under intense scrutiny.


Read more...

Fuel's gold

March 2014
Tuesday, February 25, 2014
BY SOPHIA BENNETT

The coastal town of Coos Bay appears poised to land every economic development director’s dream: a single employer that will bring hundreds of family-wage jobs and millions in tax revenue. 


Read more...

Rapid ascent

March 2014
Tuesday, February 25, 2014
IMG 4255-2BY AMY MILSHTEIN

Kelly Dachtler, president of The Clymb, redefines outdoor retail.


Read more...

Speeding up science

News
Tuesday, February 25, 2014
02.25.14 Thumbnail MedwasteBY JOE ROJAS-BURKE | OB BLOGGER

The medical research enterprise wastes tens of billions of dollars a year on irrelevant studies. It’s time to fix it.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS