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Wendys Essay

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Background:

Wendys started in 1969 in Columbus Ohio. Dave Thomas was a young kid when he dreamed of starting the greatest restaurant. After learning from mentor Colonel Sanders and serving in the army and learning the purpose of hard work he finally opened his first restaurant. Dave first opened Wendy’s as a made to order square hamburger restaurant. Being unique he then opened his second Wendys with a pick up window that had its own separate grill for easy and quick pickup.

As Wendys grew more popular the first international store was opened in Canada in 1975 just a year later it entered the public and you were officially able to buy stock in the company for 28 dollars a share! Soon in 1976 the 500th restaurant opened and the company produced …show more content…
One of the latest outbreaks was the pretzel bun and fresh cut fries. Keeping their food fresh and customers happy Wendys continues to be one of the biggest restaurants in its domain. (Wendys.com 2015)

Owning a franchise:

In order to own a franchise Wendys requires some certain qualifications. They want people who are able to lead a team and have extensive experience in the restaurant business. They want people who are committed to the customer and are also committed to the development of the company. They also want people who have access to capital in order to reinvest in Wendy’s Image Activation program and new restaurant development. Wendys also requires certain financial requirements such as a new franchisee or franchise group who has a Minimum net worth of at least $5,000,000 U.S and also Minimum liquid assets of at least $2,000,000 U.S. The corporate franchise however provides a lot of support such as operations training. For new owners and existing owners. They also provide ongoing trading making sure that each restaurant knows what is going on and how they can continue to grow and what their product really is. As it comes to real estate and engineering Wendys has a team that will help you decide what land to buy,

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