Sponsored by Energy Trust

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

The short list: 4 companies engaged in a battle of the paddles

The Latest
Thursday, December 04, 2014
pingpongthumbBY JACOB PALMER | OB DIGITAL NEWS EDITOR

Nothing says startup culture like a ping pong table in the office, lounge or lobby.


Read more...

Top 10 stories of 2014

The Latest
Thursday, December 18, 2014
10-listthumbBY LINDA BAKER

2014 was a year of wild contradictions, fast-paced growth and unexpected revelations.


Read more...

Corner Office: Marv LaPorte

January-Powerbook 2015
Saturday, December 13, 2014

The president of LaPorte & Associates lets us in on his day-to-day life.


Read more...

Growing a mobility cluster

News
Friday, October 31, 2014
0414 bikes bd2f6052BY LINDA BAKER | OB EDITOR

Why are there so few transportation startups in Portland?  The city’s leadership in bike, transit and pedestrian transportation has been well-documented.  But that was then — when government and nonprofits paved the way for a new, less auto centric way of life.


Read more...

A Complex Portrait: Immigration, Jobs and the Economy

November/December 2014
Wednesday, October 22, 2014
BY JOE ROJAS-BURKE & KIM MOORE

Oregon Business reports on the visa squeeze, the skills gap and foreign-born residents who are revitalizing rural Oregon.


Read more...

Shuffling the Deck

November/December 2014
Wednesday, October 22, 2014
BY JON BELL

Oregon tribes still bet on casinos.


Read more...

Downtime

November/December 2014
Wednesday, October 22, 2014
BY JESSICA RIDGWAY

Bob Dethlefs, CEO of Evanta, balances work and play.


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