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Tariq Farid - CEO/President - 2008 Entrepreneur of the Year |
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Tariq Farid is the founder and CEO of Edible Arrangements®. Farid's entrepreneurial
experience began in the late 1980s when, with a $5,000 cash advance from his parents
he purchased a local flower shop at age 17. Within two years, Tariq was operating
four highly successful stores. His drive and determination lead him to start Edible
Arrangements® in 1999. From his experience working at a McDonald's as a teenager,
Farid knew the power of an established franchise system. The first Edible Arrangements®
franchise opened in 2001 in Waltham, Massachusetts. Just ten years later it has
grown to nearly 1,000 locations around the world. Today Farid is very active in
all aspects of the business. In 2001 he founded Netsolace, the franchise management
software company that franchisees use in their day-to-day operations, including
order processing, training manuals, production and profitability tracking, and supply
chain management. In 2008 Farid was named Entrepreneur of the Year by the International
Franchise Association. In 2009 Farid was named The Ernst and Young Entrepreneur
of the Year. Much of Farid's success has been documented with countless interviews
by major business publications and television networks.
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