Just What Is A Turnkey Business Package?

Are you one of the many people wanting to start your own business, but concern over the economy has encouraged you to hold off for a while? If so, consider a turnkey business package to assist you.

Just What Is A Turnkey Business Package?

So, exactly what is a turnkey business package? First, let’s discuss what it is not. Similar to a franchise, there are two major areas that distinguish one from the other. Franchise businesses are almost always more expensive (many into the high tens and hundreds of thousands of dollars) and they also come with more restrictions and requirements than a turnkey package. For those who want assistance and guidance when starting their business and continued support through the years, either a franchise or a complete turnkey business package will provide that. Again, the big difference is the price tag.

Just What Is A Turnkey Business Package?

What turnkeys do provide, which makes them similar to a franchise, is almost everything – if not entirely everything – necessary to start your own independent business. You will, in essence, “turn the key” and be ready to do business. These can be created for brick-and-mortar as well as home-based businesses. The cost to purchase is a wide range from a few thousand dollars into the tens of thousands of dollars. The price will often indicate what, and how much, comes in the package.

Just What Is A Turnkey Business Package?

A true, fully-developed turnkey business package will include training, mentoring and/or consulting. This is one of the main reasons for this purchase. Gaining the knowledge the owners of the turnkey opportunity have gained through working their business over the years lessens the trial-and-error most new business owners experience. This is often a slow, painful process. Instead, you’ll get up to speed quickly as you learn from them.

Just What Is A Turnkey Business Package?

A key feature of a turnkey is the brand recognition. Often this business package comes with a license to use the logo, marketing materials and a website customized with your business information. This is a huge time saver, as you can have your business up and running within weeks instead of the normal months to create a well-designed website. Some turnkeys also come with newsletter templates and other marketing initiatives so you can begin to reach out to your prospects and target market immediately.

Just What Is A Turnkey Business Package?

In today’s economy, the turnkey package is a great alternative to starting completely on your own because even though they do require some investment, it’s money well spent. The ROI is realized sooner than with a franchise due to the smaller investment. Not to be left without mention is the fact that you’ll be in business quicker than without this assistance and support, which means revenue will come in earlier.

Just What Is A Turnkey Business Package?

As with any business, do your due diligence. Talk to others who have purchased the business package as well as having a few conversations with the founders/owners. And remember that no matter how much help you receive, the success will be dependent on how much effort and time you are willing to give to your new business.

Just What Is A Turnkey Business Package?

Cindy Hartman is President of Hartman Inventory LLC, a woman-owned business that provides business and home inventory services. She and her husband Mike also own Hartman Inventory Systems LLC, a complete turnkey package for those who want to establish their own home inventory business. The package includes marketing materials, a website, hands-on training, a Designated Geographic Area, life/business coaching program, manual, downloadable templates, mentoring and more.

Hartman is also an owner of Business Continuity Planning Specialists, which was created with the small business owners’ needs and budgets in mind.

Realizing the importance of a healthy mind and body, she has created a website that can be categorized as a “general store for health, wealth and wisdom” because it carries health products and opportunities as well as ebooks and video downloads plus a specific page titled Business Wise that provides resources for small business owners.

Cindy’s blog for Hartman Inventory provides education on all the life events that benefit from a personal property inventory. She is a freelance writer on topics of disaster preparedness and recovery, small business, product reviews, marketing and networking.

In this classic vintage video, EMyth Author and Founder Michael E. Gerber breaks down the cornerstone perspectives necessary to transform any small business from a job for the owner – into a system that works without them. These 40 minutes can, and should, change your life. Please see the official EMyth website for how their business coaches can help you implement these steps in your business today.
Video Rating: 4 / 5

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