Turn key businesses offer entrepreneurs all the benefits of running their own business without the tedious process devising strategy. Typically, turn key businesses use a proven system, products that are already popular or well-known, or services that consumers already trust. Much like a home that is move-in ready, turn key businesses have all the kinks worked out.
An additional benefit is that investors of turn key businesses generally have better odds of producing an ROI (Return on Investment). Traditional startups take on far more risk because their product or service has not yet been market tested. They also have the added challenge of figuring out work-flow, cost analysis, marketing, sales forecasting, and other common business tasks. All things turn key business investors already have figured out for them in the beginning. If you’re interested in starting a business of your own, a turnkey model may be the way to go.