business






 

Question by  lotus16 (18)

What makes a good turnkey business proposal?

I need to know how to evaluate a turnkey business proposal.

 
+7

Answer by  melissa23 (1002)

A good turnkey business proposal is made when a product sells itself without even needing a good salesman behind it. Take for example a rainbow vacuum cleaner or a cadillac. The good name and quality of the product sales itself. A product that is designed to make everyday tasks simple is exactly what you want.

 
+6

Answer by  moder (37)

Make sure that the proposal has clearly defined goals. Such as time on return. Sucess rate of business type. Location of business.

 
+5

Answer by  Alison2001 (46)

Good proposals should outline the market need and expected costs/profits of the project. This should include a narrative on the enterprise/project and how it is positioned within the market. However, costs and finance projections are critical and need to be well defined (e. g. expected returns, contribution margins)

 
+4

Answer by  cbdave (124)

Is it correct? Compare revenue, expense, and capital figures with industry norms. Is it complete? Does it address input (capital,marterial,labor,marketing/sales), processing (management, franchise relations), and output (customer service or delivery)? How does it compare with starting the business from scratch?

 
+2

Answer by  pappu (170)

Business that is been sold as a turnkey business would include tangibles such as inventory and equipments through intangibles such as previously established reputation and good will.

 
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