Turnkey Business

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Turnkey Business

A new company with a business model that has already been set. Most franchises operate in this way. For example, if one wishes to open a McDonald's franchise, everything from the products to the uniforms has already been determined. One merely needs to put up the appropriate capital and start the business.
References in periodicals archive ?
These higher-margin turnkey projects have led to a more highly leveraged balance sheet with tighter liquidity pressure compared with its peers.
Pork barrel politics is derogatorily known as turnkey projects. A turnkey project belongs to a contractor who designs, builds and sells it to government for profit.
In the automation sector, the company subsidiary closely cooperates with the experts from the Germany turnkey department, for example, as well as with Spanish and Portuguese automation partners to design and implement customized turnkey projects for their customers.
The company, established in 2006, operates from a 44,000-sq-m prime waterfront with a 200-m quayside from where it undertakes a wide range of turnkey projects, including structural steel fabrication, piping and electrical work, marine accommodation systems, living quarter modules, electrical houses and process modules.
Elsewedy aims to expand in turnkey projects across the African Sahara markets, the official said, as the sector's contributions in the second quarter (Q2) increased by 1% to reach 23% at the end of H1 of 2016.
We understand the importance of turnkey projects and with the addition of three new vendors, we are supporting our system integrators and resellers with complete project material supply and support.
The $1.6 billion (Dh5.87 billion) Borouge 3 project is composed of two turnkey projects owned by Abu Dhabi Polymers Company Limited and is scheduled for completion by the first quarter of 2014.
The rating reflects the Lumino groupa[euro](tm)s extensive experience and strong clientele in power conductors and turnkey projects segments and the groupa[euro](tm)s moderate operating efficiency.
Gruber Extrusion of Austria has concluded an exclusive agreement with battenfeld-cincinnati: cooperation worldwide on turnkey projects. Gruber Extrusion will use battenfeld-cincinnati extruders exclusively in all turnkey projects worldwide.
For Morris, the bulk of today's turnkey projects are really "directed buy," where the customer already knows what they want and where to get it.
FATA Aluminum has a wide range of casting machines, the capability of managing small and large turnkey projects, a proven know how in foundry technologies.
Entrepose Contracting, an independent contractor that specializes in the design and construction of turnkey projects in the oil, gas and energy sectors in general, has acquired the GEOCEAN group from the founders and financial investors.