How Turnkey Services are Transforming the Industry

Multilevel Marketing Businesses

Turnkey Services also play a major role in multi-level marketing businesses. In such cases, if a business has a proven track record then the risk may be lower compared to starting a new business from scratch as it has its own risks. It has the potential to provide more control over business decisions than a franchise model.

These businesses are for profit operations that are ready to use and are purchased by a new owner or proprietor. The turnkey cost of such businesses usually involves rent, franchising fees, insurance, inventory and so on. Here, the provider assumes responsibility for all the required setup and ultimately provides the business to some new operator upon completion of certain formalities. "Generally, it is seen that turnkey services in multi-level marketing businesses have already a proven, successful business model and it merely requires investment capital and labour", says Mark Pickren, former CEO of OutboundEngine.

Commercial Sector

Many big players are focusing on their workspace design to increase employee satisfaction, boost productivity and provide a comfortable working environment. From a long time, there has been a custom of seeking multiple vendors to assure the quality of products, on-time delivery and that too within the prescribed budgets. Today, instead of relying on multiple vendors, clients seek a single trusted partner to deliver fit out solutions for their workplace due to lack of time. Now, its not just startups and new organisations who are looking for an impressive portfolio, old and already established organisations too prefer refurbishing their interiors with the changing trends. Many big players like Wipro, TCS, Infosys and Cognizant have already opted for these solutions in their working spaces.

Turnkey services helped to bring the visible transition in the Indian work culture with the changing workplace design which reflects the latest trends, working styles, company’s culture and values. “Most of the companies in today’s day and age demand a one point contact model from turnkey service providers for all their requirements. Along with that they also expect the quality standards which can break the norms of fixed workstation and cubicles”, says Ashok Kularia, Managing Director, ANJ Turnkey Projects.

How will be the Future of Turnkey Services

Turnkey Services can be seen dominating the B2B sector as they are simple and straightforward solutions that enable businesses to remain competitive in a changing digital landscape. Turnkey Services will simplify business structures and maximize return on investments. A readymade platform will streamline business endeavours and make it easily accessible. It will help minimize the hassle of new clients on-boarding and maximize on profits. It will provide chances to more clients to join or participate in the service than with traditional service providers that would create a personalized system for every individual client.