Starting a company from the ground up is an incredibly difficult process. Because a turnkey business has built into it everything that is necessary to launch the business, the common difficulties of finding investors, getting funding, looking for a location, and developing a business model all vanish at once.
In purchasing a turnkey business, the buyer is purchasing all the necessary aspects of the business at the same time and in the same deal. Property, permits, licenses, and reputation are just some of the basics that are included along with the purchase of the business itself. Oftentimes add-ons like marketing tools, inventory, and even employees come with the business deal, too.
Franchises, especially, provide almost all of the necessaries when a new owner enters into the picture. With the capital to purchase the business itself, virtually everyone can enter into the turnkey business industry, avoiding the difficulty and hassle of establishing a true start-up.
