Essay about Forensic Accounting in Practice

1527 Words Jun 2nd, 2013 7 Pages
Assignment 1: Entrepreneurial Leadership
Ericka Bradley
Prof: Bagher Fardanes, Ph.D., MPA
Business 508 Contemporary Business
18 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 layout of tables and chairs for dine in customers where there are bags of potatoes stack along the wall for lack
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Their fries are also thick cut from the best Idaho potatoes and always made to order. Five Guys also offer a certified kosher hot dog and a veggie sandwich for the vegetarians.
Five Guys food prices fluctuate and they do not base their price on anything but margins. They only raise their prices to reflect whatever their food costs are. So if the tomato prices go up then, they increase the price of their product. About five years ago, hurricanes killed the tomato crop in Florida, and prices went from $17 to $50 a case. So Murrell suggested using one slice instead of two, but he was confronted by his sons that "it should be two’. Murrell stated that his sons were right; he was taking away from how the original burger was made, so they stuck with two slices. Five Guys burgers range from $3.89 to 7.69 the little burgers to the regular burgers.
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 layout of tables and chairs for dine in customers where there are bags of potatoes stack along

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