Franchise Opportunities | Consider the Turnkey Business Franchise Opportunity

The turnkey business model makes it easier to get started with business franchise opportunities.


For someone just getting started in a franchise business opportunity, the turnkey business is one of the best options available. Why? Well, with a traditional franchise, the new owner has to do most if not all of the initial preparation work themselves to get the business ready to open. With a turnkey business, everything required to get going is provided.

That's the origin of the name "turnkey business". It's implying the notion that all you have to do to open the business is "turn the key", kind of like starting a car - turn the key and it goes!

And by the way: Turnkey businesses don't just exist as real brick-and-mortar walk-into-and-shop stores. They exist online as well. Instead of a physical store in a shopping center, for example, the turnkey business online gives you web store already stocked with products, ready to go.

What is included in a turnkey business? Well, usually the franchiser will select and lease the location for you, buy the equipment, and sometimes even hire your staff for you, although that’s not very common anymore. But basically what they do is they make certain that everything is done that needs to be done so that your business is ready to open to the public. For someone who is new to the business world, it can save them a lot of time and headaches.


Here's what's typically included in turnkey business franchise opportunities. The franchisor decides on a location, leases the space, sources and purchases all required equipment, and may even hire staff (though this is less common these days). The franchisor pretty much does all they need to be certain everything is done for a successful opening. This is a silver-platter solution to a new business, especially for someone new to franchise business ownership. A lot of time, money, and effort is saved.

It's a more efficient way to get the business going, and avoids many mistakes and pitfalls, since these are already known by the franchisor from experience, experience the new business owner very likely does not have.

Beware however: Not all turnkey businesses are legit. Stories are plentiful of people who've bought turnkey businesses who realize after the fact they've been scammed. Avoid this by doing extensive research. Talk to other franchisees who invested in the turnkey business. Whatever their experience has been with the franchisor, good or bad, they're likely to tell you.

As for the price of a turnkey business franchise, it's likely to be more than a regular franchise opportunity since so much is provided and done for you that you otherwise would have to do yourself. The premium you pay, however, is usually more than worth the actual extra cost since the time and effort you save allows you to open your doors for business that much sooner.

The turnkey business does offer a risk, but you’ll find that it’s a smaller risk than a regular franchise because you have someone who is an expert and who knows the business providing the things that you need to start up your business. You don’t have to worry about making mistakes.

So, consider a turnkey business as you make your way into the world of business franchise opportunities.