Business 508

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Category: Business and Industry

Date Submitted: 04/30/2013 09:57 PM

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Five Guys Burgers and Fries

Write a three to four (3-4) page paper in which you:

Background

1. All parents want the best for their children, and the Murrell family was no different. The Murell gave their sons the option, either go to college or start a family business. So, the boys opted for the later. The Murrell family was a close knit family who supported their two sons who decided not to attend college . They had dreams of owning their own family restaurant. Their parents invested the money tfrom their college fund and allowed them to begin their first business. The Murell family was uncertin if the business would be a success or a failure, they were supportive of their sons ideas and dreams with the hamburger restaurant allowed them the chance to begin the restaurant ,Five Guys Burgers and Fries. The entrepreneurial attitude along with the supportive family venture allowed this family to open their first business in 1986.Five guys were founded in 1986 by Jerry and Janie Murell and their sons, all five of whom are a part of the business. They names their shop Five Guys and a Burger, after their family of five sons. The purpose of this project is to examine Entrprenuerial Ledership at Five Guys burgers and fries. According to Boones and Kurtz (2012, Ebtreprenuer is defined as a person

The purpose of this project is to examine Entrepreneurial Leadership at Five Guys burgers and fries. According to Boones and Kurtz (2012), business can be defined as all profit-seeking activities and enterprises that provide goads and services necessary to n economic system. (pg. 5). Likewise, according to Boones and Kurtz ) 2012) ,   Entrepreneur is defined as a person who seeks a profitable opportunity and takes the necessary risks to set up and operate a business. Leadership, according to Boones and Kurtz (2012), is defined as the ability to direct or inspire people to attain certain goals. (Pg. 233). From these terms we will try to create a meaning for the...