Although some franchises are identified as turnkey, a non-franchise turnkey business will not have ongoing royalty fees after the initial cost to purchase, and will not require the business owner to follow regulations and guidelines for how to run the business. The turnkey operator will own the business and have freedom to operate it as he or she sees fit, but will not get the ongoing support and help that a franchisor offers.
As their names suggest, turnkey businesses include everything you need to get your operations up and running. To put it simply, you don't have to develop a product from scratch, find the perfect location, and buy or lease equipment. Your only job is to unlock the doors and market your products or services. Several types of turnkey businesses exist, including:
Developing and monetizing microsites can also garner a serious amount of sales. These sites are advertised within a partner site or on the sponsored listings of a search engine. They are distinct and separate from the organization’s main site. By offering more focused, relevant content to a specific audience, microsites lead to increased conversions due to their simple and straightforward call to action.