This is an old American story. The business dream was born. Borrowed a few dollars. Years later, millionaires told stories that they had little risk. So it applies to Pizza Hut.
This global pizza sensation begins with what almost everyone considers to be a very humble root and grows by being committed to becoming a strong player in the international business arena.
The history of Pizza Hut is also interesting and can be used as a great case study, and anyone who believes that a little risk is not worth the reward. continue reading!
The beginning of Pizza Hut is not in the land of the old world. It didn't even start in the Italian part of New York City. In fact, it was founded in 1958 by a pair of brothers from Wichita, Kan. That's right, Wichita!
After getting the idea of family and friends opening their own pizza shop, Frank and Dankani borrowed less than $1,000 from their mother to open the store. They used nest eggs, bought old equipment, and rented a building to go to work.
Starting from that small store, it has grown to include more than 10,000 stores worldwide in the pizza empire in more than 86 countries.
Pizza Hut is now part of Tricon Global Restaurants and uses a franchise. Tricon also has the names of Taco Bell and KFC, bringing fast food restaurants to every corner of the globe.
Although the company is now a household name, it began with the roots of humility and gradually developed through careful observation of the Carney brothers. The timetable for restaurant growth is simply fascinating.
The store was founded in 1958, and in 59 years, the brothers founded and opened their first franchise store in Topeka. By 1965, Pizza Hut first commercialized commercials on television and made its debut at the Oklahoma State Fair in 1967.
Just 10 years after the brothers opened their first store, the company has 310 offices across the country and Canada. In 1969, a traditional red roof was added to the design.
In the 1970s and 1980s, it gained more global importance through menu additions, international openness and listing on the New York Stock Exchange. Also during these two decades, Pizza Hut is known for its 10,000 teens' employment and willingness to participate in philanthropy. During this time, the chain had more than 4,000 stores overall.
The chain brought more success to the chain in the 1990s, including the introduction of convenience store locations, lunch buffets and more.
Today, Pizza Hut chain stores nearly 2 million pizzas a day in more than 12,000 locations. It has an estimated 4 million customers worldwide and even delivered goods to the White House and former Russian President Boris Yeltsin.
Originally in Kansas with a $600 venture capital, it has been carefully nurtured to become one of the world's largest restaurant franchise stores.
The company's success falls on the shoulders of the two brothers, eager and determined to make a good pizza and a good life.
Copyright [c] 2006
Orignal From: Pizza Hut is the success story of the United States
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