Professor Dainel Sersland Introduction Jerry Murrell founded five Guys burgers and fries from the vision. Five guys business plan was to create the perfect burger without “No cut corners” but to have the best burger in an already crowded market. Through out the paper we look at how Five Guys burgers and fries became successful, still growing strong and how the company ethical and social practice has affected their success. Five Guys burgers and fries mission statement, as simple as its menu, is
Words: 747 - Pages: 3
“Entrepreneurial Leadership” Rama Aswad Dr. Mary Lind BUS508 July 22nd, 2012 Five Guys Burgers and Fries Restaurant Jerry Murrell and his sons opened Five Guys Burgers and Fries in 1986. Its first store location was in Arlington, Virginia. The whole story started when Jerry Murrell and his wife gave the choice to their four sons even to go to the college or start a business, and the sons choice was to have their own business then they make it grow year after year
Words: 944 - Pages: 4
April 2013 The first Five Guys restaurant opened in 1986 in Arlington Virginia founded by Janie and Jerry Murrell The name Five Guys was inspired by Murrell’s five son’s Matt, Jim, Chad, Ben, and Tyler which are currently involved in the business. Matt and Jim travel visiting over 1000 locations, Chad oversees the training of new employees, Ben is in charge of selecting the rapid growing franchisees, and Tyler is in charge of running the bakery department. Most Five Guys restaurants have a simple
Words: 1522 - Pages: 7
Leadership Five Guys Burgers and Fries is one of the fastest growing fast-food chains in the world today. They pride themselves on serving fresh made to order burgers and fries to their customers. Five Guys Burgers and Fries were started in 1986 by the Murrell family. The first location, which was a carry-out burger joint, was opened in Arlington, VA and the company has now expanded to over 1000 locations nationwide and over 1500 units in development over a span of 20 years (Five Guys Burgers &
Words: 376 - Pages: 2
In 1986 the first Five Guys location opened their doors in Arlington, VA, when Jerry and Janie Murrell advised their two older, of four sons to "Start a business or go to college.” The business route won and the Murrell family opened a carry-out hamburger business. In 1987 after the birth of Mr. Murrell’s fifth son, the name "Five Guys" evolved. As their family grew, so did their business. Under the guidance of Jerry, founder and CEO and Janie, the Murrell family served only hand-formed burgers
Words: 1275 - Pages: 6
keeping them at home and save their college fund to start up a family business. With this decision Five Guys was found in mid 1980’s including all the children in the family into the business. In less than a period of ten years, the business expanded to different locations. Gaining experience, franchising the business to operators, getting recognition from its customers, the business grew up rapidly. Five Guy’s and their business are not limited to U.S. Today, there are about 670 stores across U.S and
Words: 1446 - Pages: 6
entrepreneurial leadership would be Five Guys Burgers and Fries. Five Guys Burgers and Fries were founded in 1986 by the Jerry and Janie Murrell and their sons. The company came about when their two oldest sons decided not to go to college, so their parents decided to take their college fund to open up a tiny hamburger take out shop in Arlington, Virginia. Amazing after franchising in 2002, Five Guys grew significantly ranking #7 in the growth survey which was done this year. Five Guys franchise grew to around
Words: 1235 - Pages: 5
1: Entrepreneurial Leadership Sara J Broderick Dr. Kathleen Irwing BUS: 508 Contemporary Business Strayer University Oct. 22, 2013 Entrepreneurial Leadership Five Guys’ Burgers and Fries, a family owned franchise is one of the fastest growing chains in America (Better Burgers Starts to Sizzle in Canada, 2012). Five Guys’ Burger and Fries sets itself apart from other fast food chains by using quality ingredients and keeping a constant core menu. Jerry Murrell, founder and owner says the
Words: 1149 - Pages: 5
Entrepreneurial Leadership Five Guys was founded in 1986 by Jerry and Janie Murrell and their sons, all five of whom are part of the business. The first location, which no longer exists, was in the Westmont Shopping Center, and by 2002, the family ran six locations in Northern Virginia. The restaurant gained popularity among locals and visitors alike, and its franchises grew rapidly over the years. In August 2010, they had more than 670 locations across America and Canada. When his sons decided
Words: 1106 - Pages: 5
Leadership Jaikenna Frails Professor Gary Shelton BUS 508 Contemporary Business October 27, 2013 In 1986, Five Guys Burgers and Fries opened its first location in Arlington, VA. Jerry and Janie Murrell’s four sons did not want to go college so they advised them to open a business instead. They decided on a burger and fry establishment but it would be much different from the rest. Five Guys mission statement simply states, “We are in the business of selling burgers”. Their goal is to “sell the best
Words: 1189 - Pages: 5
