FRANCHISE ENTREPRENEURSHIP

UPS started in 1907 when two teenage entrepreneurs had an idea to create a package delivery service. Claud Ryan and Jim Casey opened the American Messager Company in a basement with just a 100-dollar loan. As the company began to grow and become more popular, the began to expand beyond Seattle to Oakland. They then named the company United Parcel Service. The decided to use the color brown for the company's trucks and uniforms. The color represents class, sophistication, and professionalism. They then expanded to the east coast and then further across the country. To expand their company even more UPS started using airfare to transfer their mail in a quicker and more efficient fashion. By doing this they were able to reach places like Hawaii and Puerto Rico.

Apple is one of the most popular tech brands. In 1976 apple was founded by three men: Steve Jobs, Steve Wozniak, and Ron Wayne. The company came from an idea that Wozniak had to build his own microcomputer. He showed his design to a place that he was an engineering intern at the time, and they expressed no interest. He then involved Jobs who was his classmate at the time, and they moved the production to the Jobs family garage. Jobs then moved on to do the work of making the company successful with proper funding and management. The company became an immediate success, and they opened their first store May 19, 2001. There are now 518 apple stores in 25 countries.

Chipotle is a Mexican food chain restaurant. The franchise was founded by Steve Ells in 1993. Steve attended school at the culinary institute of America in Hyde Park. He then worked as a line cook in San Fransico and took what he learned and opened the first Chipotle restaurant in Denver, Colorado. He opened the store with an 85,000-dollar loan from his father. By the time Chipotle had 16 restaurants in Colorado, Mcdonalds became a big investor. Steve's plan was to use the funds from the first Chipotle restaurant to open a fine dining restaurant. He then saw how successful the business became and decided to expand the franchise further. 

Sephora is a popular franchise that is very well known. It was founded 53 years ago in Paris, France. The brand focuses on personal care and beauty products. When it was first starting out as a small business the company was sold to Dominique Mandonnaud. He had already acquired his own perfume line and wanted to merge it with the Sephora brand. He then continued expanding the brand after seeing some success with the current store he  had. He then opened a second store in Paris and then began to focus on globalization. Sephora now owns 2,300 stores across 33 countries.