Ruby's Diner Expands into the Future<b></b>

Newport Beach, California--Ruby's Restaurant Group,franchisor of a mostly West Coast chain of '40s-style diners,envisions doubling in size in the next three years and tripling infive. The company is projecting sales of $75 million this year andhas seen comparable sales for units open at least a year jump byabout 5.6 percent.

With business humming, the biggest risk in an expansion is notblowing a good thing, growing too quickly, compromising quality orfailing to instill the service values in franchise locations. Tothat end, executives say they are vetting franchisees, so onlyreputable restaurant owners with several locations will get a shot.Others buying in are former managers. Ruby's plans to open 10new restaurants in 2003, three company-owned and seven franchised.-Reuters

Editor's Pick

Money & Finance

Want to Become a Millionaire? Follow Warren Buffett's 4 Rules.

企业家是不能过度指狗万官方望太多a company exit for their eventual 'win.' Do this instead.

Business Solutions

Learn to Program an AI Chatbot for Your Business in This $30 Course

Get back-to-school savings on this AI coding course.

Growing a Business

We're Now Finding Out The Damaging Results of The Mandated Return to Office — And It's Worse Than We Thought.

Companies knew the mandated return to the office would cause some attrition, however, they were not prepared for the serious problems that would present.

Business News

Netflix is Hiring an AI-Focused Role—and the Starting Salary is up to $900,000

The streaming giant is looking for a leader in its machine learning department.

Data & Recovery

Get 1TB of Cloud Storage for Life for $119.97 With This Back-to-School Sale

This 1TB Cloud Storage Solution Is Only $119.97 for Back to School

Business Ideas

55 Small Business Ideas to Start in 2023

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2023.