Matthew Bauman
Machias, ME (USA)
Role(s):
Founder/Owner/Principal
Placemat Promotions
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Startup
Location:
Portland
Industry:
Advertising
Year Founded:
1994
Number Employees:
1-10 people
Description:
Placemat Promotions is an established business that provides restaurants with placemats at no cost to them. In return, the restaurants agree to let Placemat Promotions sell advertising on the border of the placemat. The sale of advertising space is what generates the profit.
Currently we have agreements with ten restaurants, and are adding seven more in 2009.
Our business plan includes serving 279 restaurants within seven years. Total sales at this point will exceed 2.5M.