The original premise of Buffer was simple: Schedule your social-media posts. What started as a simple tool has evolved into one of the most popular, comprehensive tools for social-media managers out there. You can create and schedule posts for just about every social account you manage, see stats on your social-media engagement, and get analysis and recommendations on ways to improve.
However, whenever there is a lucrative business that has a high level of potential success and sounds too good to be true, similar offers arise which later turn out to be scams. Buying a turnkey business has a good chance of becoming the best or the worst decision you have ever made. There are several risks involved. Firstly, you normally need a substantial amount to buy off the business. Despite the high franchise fees, for instance, you may have less control over it than you had initially assumed. Secondly, if a business is for sale, you should always investigate why it is so. A thorough examination of the finances and accounts is a must in these situations. Unfortunately, there are also instances when a franchiser was giving false reports and fake customer complaints to the franchisee while in the meantime taking most of the profit for himself. The franchisee was afraid of losing what he invested and trying to find comfort in the little that he was earning, while the fraudster was indulging in cash. American Express can tell you the whole (horror) story.
A turnkey business opportunity is set up to include everything an owner needs to get started in the business. This includes the business model, permits, name, location, equipment, and inventory. Ideally, all the buyer needs to do is "turn the key" and open the door to get the business up and running. In most cases, though, the turnkey business owner will have to hire staff if needed before opening.
I'll give you an example. For Single Grain, my digital marketing agency, we have a 1.26% click-through rate on the homepage. The homepage is fairly general and we wanted to figure out how we could drive a higher click-through rate, thereby driving more traffic for the website. We decided to write the headline and the meta description for it – and wound up increasing that 1.26% CTR to 1.76% and, ultimately, driving more traffic (and thus leads, and thus revenue) to the homepage.
Once you’ve created an amazing video to share on social media or your website, where will you put it? The default seems to be YouTube, which is quick and easy but comes with less control and potentially some unrelated ads or suggestions. Wistia is made for marketers’ videos because the player keeps people on your page—or sends them precisely where you want them to go next.
What It Is: Do people ask you your secret to perfect pie crust or how you made that wreath? "Everyone knows how to do something, or has a hobby they enjoy," says Kimberly Lawson, owner of OohLaLuxe.net, who has created fashion and beauty tutorial videos. "These can easily be turned into profits." Simply sign up for a free YouTube account. Then use a smartphone or digital camera to record yourself explaining and demonstrating how you work your magic. (If you're more tech-savvy or have a burgeoning teenage filmmaker in your house, you can use desktop software, such as Windows Movie Maker, to create a slicker video.) "Once you upload the video to YouTube, enroll in its partner program," Lawson says. YouTube will then place ads inside or near your video, and you will earn money from the ads themselves, video views and click-throughs. "The key is to put a unique spin on your video," says Lawson, especially if there are lots of others on the same subject.
Other than possibly hiring staff, it should be. There are all kinds of business opportunities out there, with many variations that use the term "turnkey." That's why it's important to know exactly what you're getting before you buy a business opportunity. A true turnkey package should provide the entire business from concept to application. This is why turnkey businesses often cost more than other types -- you are paying for the labor it took to put the opportunity together and get it ready for you to turn the key and start or take over the business.
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:
It’s important to know where your traffic is coming from and the demographics of your audience. This will allow you to customize your messaging so that you can provide the best affiliate product recommendations. You shouldn’t just focus on the vertical you’re in, but on the traffic sources and audience that’s visiting your site. Traffic sources may include organic, paid, social media, referral, display, email, or direct traffic. You can view traffic source data in Google Analytics to view things such as time on page, bounce rate, geo location, age, gender, time of day, devices (mobile vs. desktop), and more so that you can focus your effort on the highest converting traffic. This analytics data is crucial to making informed decisions, increasing your conversion rates, and making more affiliate sales.
Aside from franchises, any existing business that's already up and running successfully or a new business whose doors are ready to be opened could be considered a turnkey business. 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.
Great Famly Biz Location! Established (1930s) Marina. Includes; Real Estate; 8 ACRES on 1100+ Ft. of protected shore; Docks, Slips, C-store, Off-Sale Bottle, Bait, Fuel, Boat Repair & yr'round storage. + 5 Cabin Village; updated, clean, spacious & many amenities in the heart of the BEST lake In the state of over ten thousand. PLUS, 2000+ Sq Ft bonus building begs to be (for Sale or Rent) fast-casual, dine-in & take-out food and beverage concept. Addt'l land avail. for more parking, wooded cabin or your ideas. Family compound. Prime location for Fast Casual Food concept and a building ready.On the shores of beautiful 40,000 acre 365 islands; Lake Vermilion "lake of the red sunsets". Multiple PIDs (1 detached parcel can be used to expand or developed). More info