Franchise information on KFC
December 7th, 2009 | 
Author: When you think fast food and chicken chances are the name KFC comes to mind. As one of the most popular chicken fast-food restaurants, KFC has become a brand name which is well known across the globe.
If you are considering pursuing an opportunity to run your own KFC business, you’re likely to experience good success. The company is a long-standing one and doesn’t seem to be slowing down. Today the company is a part of the Yum! Brands Corporation along with several other fast food chains.
KFC has gone through a level of transformation since its birth in the early part of the 20th century. For many years the company operated under the name “Kentucky Fried Chicken” which was representative of the place it was first opened.
COMPANY HISTORY
In the 1930s a gentleman named Harland Sanders opened a cafe in the middle of the depression. He experienced a degree of success and was given the honorary name “Colonel” by the Governor of Kentucky because of his valuable contributions to the state’s cuisine.
In 1940 the famed “original recipe” was developed and coined. For many years the “Colonel” actively promoted his chicken which was now being cooked with a pressure cooker. It was in 1952 he awarded the first franchise to a man named Pete Harmon (www.kfc.com/about/pdf/timelin e.pdf).
By the mid-1960s there are hundreds of KFC operations going strong and the company begins to go international. In 1966 the company entered the New York Stock Exchange as a public corporation. The corporation is later acquired by Heublein Foods, Inc. in 1971 and has since exchanged hands several times before its current ownership by Yum! Brands.
IDEAL YUM! CANDIDATE
If you are considering opening your own KFC franchise, there are some specifics you should understand before applying to become a franchisee with this company. Yum! Brands prefers their prospective franchisees to have solid entrepreneur experience and the know-how in start-up businesses.
They also request candidates possess a firm understanding of optimal customer service and the ability to cope with the trials and tribulations most small businesses often encounter; they like their candidates to be able to work well under pressure. As a part of their vision, they like to see a candidate who sees the value in taking risks, but also recognizes which risks are appropriate.
Yum! Brands views their employees as assets and asks franchise candidates if they understand the value of employees. As a part of operations,
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