What is a turn key business

What is a turn key - Considering buying a franchise business should always do their due diligence and be sure they know exactly what a particular turnkey operation includes; not all franchise businesses are created equal, and to complicate things even more, franchise legislation differs from place to place if it exists at all. More: 3 ways to find what your small business is really worth proper examination of the company financials (with the assistance of a professional accountant and/or business valuator) is vital before making an offer to purchase a business.   it is important to find out why the business is for sale - the company may have recently lost a large contract, have a huge tax liability, or otherwise be in decline due to competition or other factors. In these cases, if the business has a proven track record, the risk may be lower compared to starting a new business from scratch, and it may also provide more control over business decisions than a franchise model.

Turn-Key Business Revolution: Classic Michael Gerber - EMyth

In this classic vintage video, EMyth Author and Founder Michael E. Gerber breaks down the cornerstone perspectives necessary ...