A turnkey business is a reference to a type of business, wherein the owner can simply enter the building, unlock the door, and begin selling a product or service.
Non-turnkey and turnkey projects are the opposite of each other. Turnkey projects are those that contract a firm to fully design, construct and equip a project and then turn it over to the purchaser.
Many government-owned public housing projects are turnkey projects. A private developer undertakes all activities necessary to producing the project, including land purchases, permits, plans, and construction, and sells the project to the housing authority
One can enter into international business through exporting, licensing and merchandising or through some special modes such as contract manufacturing, turnkey projects. One can also enter through foreign direct investments with and without alliances.
if you mean nature, this means what type of business
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The Turnkey internet business is a business that you can buy and start immediately. However, it is important to watch out for scams when purchasing these turnkey businesses.
I just found the explanation of "turnkey" and I am not sure the meaning of "turnkey procurement", it might be something similar, hope the following words helpful to you. "This term may be used to advertise the sale of an established business, including all the equipment necessary to run it, or by a business-to-business supplier providing complete packages for business start-up. An example would be the creation of a "turnkey hospital" which would be building a complete medical center with installed high-tech medical equipment."----- From Wikipedia
One that is essentially ready to do business immediately. Just "turn the key" and go.
Non-turnkey and turnkey projects are the opposite of each other. Turnkey projects are those that contract a firm to fully design, construct and equip a project and then turn it over to the purchaser.
•One of the special modes of carrying out international business is a turnkey project. It is a contract under which a firm agrees to fully design, construct and equip a manufacturing/ business/ service facility and turn the project over to the purchaser when it is ready for operation for a remuneration
In telecom,the process of installing a new cell site is a turnkey project.
Many government-owned public housing projects are turnkey projects. A private developer undertakes all activities necessary to producing the project, including land purchases, permits, plans, and construction, and sells the project to the housing authority
bespoke
Turnkey refers to a property that is move in ready; meaning that nothing has to be done to the property in order to start living in it.
turnkey projects are expensive since the donor will double the interest charge to make more profit on their investment.
Also known as a "crate engine" a turnkey is a complete replacement. The engine is taken out of the shipping crate assembled and ready to be installed.
Turnkey