Mon, 1 November 2010
Colonel Sanders
KFC
(Born Sept. 9, 1890, near Henryville, Ind., U.S.—died Dec. 16, 1980, Shelbyville, Ky.) American business executive, a dapper self-styled Southern gentleman whose white hair, white goatee, white double-breasted suits, and black string ties became a trademark in countries worldwide for Kentucky Fried Chicken.
Sanders, who quit school in seventh grade, held a variety of jobs before opening (1929) Sanders' Cafe in the rear of a service station in Corbin, Ky. The cafe, which offered family-style dinners, soon gained a large clientele; and in 1935 Sanders received his honorary colonel's title from the governor of Kentucky
He perfected his recipe for “finger lickin' good chicken” in 1939 by using a secret blend of 11 spices and a pressure cooker to seal in flavour and moisture. After selling his restaurant, Sanders took to the road armed with his recipe but signed up only five restaurants in two years. By 1964, however, there were more than 600 franchises in the United States and Canada, and Sanders was making $300,000 a year.
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In 1971 KFC, which boasted 3,500 franchises was acquired by Heublein Corporation. what was the profit that year in business?
A.
$ 700,000
B.
$ 7,000,000
C.
$ 70,000,000
D. $ 700,000,000
Last Posts Answer: C. The Windshield Wiper. Prior to the manufacture of Henry Ford's Model A, Mary Anderson was granted her first patent for a window cleaning device in November of 1903.
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