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 ?
The provider of the turnkey system should, therefore, offer recipes unique to the establishment and consistently reproducible, as part of the turnkey price.
Also RTM metering equipment and complete automated turnkey systems. Trim presses up to 200 tons.
Leistritz provided a turnkey system in 1998 for a 70%-filled olefin compound for a company that was bringing the process in-house to save costs and to develop proprietary formulations internally, after previously buying the compound from a toll compounder.
Novolas WS system is a stand-alone, turnkey system, which provides contour, simultaneous, mask and global welding.
The continuous roller hearth line, with a 6000 lb per hour or 800,000-1.2 million cylinder heads per year capacity, was engineered and installed as a turnkey system by the manufacturer.
The turnkey system is expected to be commercialized in several pharmaceutical applications later this year, according to Scott Ludwig, Kortec's account manager for coinjection systems.
The EC-LSM 110 machine is offered for mold testing and can be the basis for future turnkey system development, according to the manufacturer.
In August last year, Optima handed over a turnkey system to the dairy company.
This turnkey system is ready for production once on site.