9
Fee time
A Dream Doors kitchen
showroom
■ DREAM DOORS has announced a radical realignment of its management service (MS)
fee, where the higher the turnover the lower the fee franchisees have to pay.
In a move that will encourage sales, Dream Doors’ Founder and Managing Director
Troy Tappenden said: “For those that sell up to £275,000 of kitchens and kitchen facelifts,
the fee is set at 9.2 per cent. Once this fi rst benchmark is hit, the fee automatically
drops down to 6.2 per cent of turnover secured over £275,000. On sales of more than
£400,000, the fee plunges to a mere 4.2 per cent, which is well below the current market
average of 12 per cent for most franchises.
“Those who continue to push themselves each year could see a 20 per cent increase
in their profi ts.”
Dream Doors’ staggered MS fee deal starts on 1 January each year to encourage
The Threshers franchise has recently
franchisees to hit higher targets before the end of the fi nancial year.
No funding? Who you gonna call?
■ RBS AND NatWest are taking new steps to
ensure that UK businesses – whether existing
customers or not – get a fair hearing for their
lending proposals, and easy, free access to expert
advice on the issues they face.
The banks launched a telephone and
email service staffed by experienced relationship
bankers designed to meet the lending needs
of viable UK businesses, irrespective of who they
bank with or whether they have been turned
down for credit previously.
The hotline number is 0800 092 3087 or you can
email businesshotline@rbs.co.uk
Quote of the month
“In past recessions, those that suffered were the
“”
ones that failed to go out and get new customers
and those that succeeded were the ones that did.”
Graeme Jones, head of franchising of Natwest. Read the full article on maintaining a healthy
cash fl ow on page 69.
www.businessfranchise.com December/January 2010
BF008-010_News_Dec/Jan09.indd 2 18/11/2009 16:48
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