Business Buzz: Tundra Grill, Now Known as the Dogg Pound, America’s Most Recession-Resistant Businesses and More – InForum

FARGO — The Tundra Grill, a downtown Fargo restaurant that recently shifted its focus to serving gourmet hot dogs, is now operating as the Dogg Pound.

Owner Jessica Torres asked for name suggestions on Tundra Grill’s Facebook page. Some of the other offerings include Who Let the Dogs Out?, Top Dawg, Dog Gone Good, Frankly the Best, Best in Show, Doggie Bag, Fargo Franks and The Weinery.

The restaurant opened at 623 NP Ave. in the former 623 Nutrition space on Jan. 18 and operated for several weeks before closing to transition to its new menu.

The Dogg Pound is now open from 11am to 8pm Tuesday through Saturday.

Here are the most recession-proof businesses in America

As much as we try to avoid it, we’ve been seeing more mentions of the “r” word lately.

The good news is that if you’re a small business owner who runs a bookstore, food truck, or staffing agency, you may already have some built-in recession resilience.

Using data from the US Bureau of Labor Statistics and an indication of popularity from Google search trends, Forbes Advisor evaluated 60 types of small businesses and determined which are the most and least resilient to a recession in 2023. Then Forbes assigned each type of business a score based on its performance in several categories: growth in the number of businesses during the Great Recession and the latter part of the pandemic, wage growth during the same periods, and estimated startup costs.

At 43%, bookstores saw the largest increase in the number of businesses during the latter part of the pandemic. Coupled with moderate start-up costs, bookstores also enjoyed steady wage growth during both the Great Recession (+13%) and the latter part of the pandemic (+16%), making this type of business the most resilient to recession by all.

Contributed / Forbes

In 2022, The New York Times reported that more than 300 new independent bookstores had sprung up across the country in the previous few years, calling it “a surprising and welcome revival after an early pandemic slump.”

The recession-proof nature of the book business is attributed to the fact that books are relatively cheap “and give an impressive bang for your buck in terms of entertainment.”

Other recession-proof businesses include: interior design services, staffing agencies, food trucks, rental car services and residential property managers.

But the analysis also found some firms that are not so recession-proof.

Furniture stores ranked last on Forbes’ list due to high start-up costs (up to $200,000) and only slight changes in the number of new businesses at the end of the pandemic (+2%) and during the Great Recession (-12%).

Here’s Forbes’ list of the other least recession-proof businesses in 2023:

  • Gas stations
  • Home furnishing stores
  • Housing construction companies
  • Dealerships for new cars
  • Restaurants
  • Taxi services or carpooling
  • Used car dealers
  • Vacation Rentals
  • Women’s clothing boutiques

Enclave began leasing space at its Fredrik complex in Rogers, Minnesota in 2022.

Contributed by / Enclave

Enclave has been named the 10th largest Twin Cities developer

Minneapolis — The Twin Cities Business Journal recently named Enclave one of the Top 10 Largest Developers, placing the company at No. 10 on its list.

The United Real Estate Investment Firm has developed more than 1.4 million square feet in the Twin Cities metro since 2020. The list ranks developers in the 24-county metro by total square feet developed between 2020 and 2022.

According to an Enclave press release, in 2022 the company broke ground on four projects in the Twin Cities Metro. These projects added 415 units and a total of 795,664 square feet; double that built in 2020

  • two new multifamily projects in Bloomington and Hastings,
  • mixed-use project in Richfield
  • industrial building in Cottage Grove.

That same year, Enclave built and began leasing projects in Maple Grove (Caliper) and Rogers (Fredrik).
Enclave’s newest areas include multifamily and mixed-use properties in Hastings, Hopkins, Plymouth and Maplewood. All are scheduled to begin before the end of 2023.

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Angie Vick

Angie Vick is the Business Editor of The Forum. Email her at [email protected]

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