|
Below is an in-depth analysis and side-by-side comparison of Nationwide Floor & Window Coverings vs Shuttercraft including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $80,000 - $156,000 | N/A |
Franchise Fee | $31,900 - $45,900 | N/A |
Royalty Fee | 5% | - |
Advertising Fee | - | - |
Year Founded | 1992 | - |
Year Franchised | 1992 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
||
Training | - | Training in shuttercraft's tried and tested consumer sales processes, resulting in a higher percentage of sale conversions Comprehensive on the job product training to enable you to survey and fit shutters professionally Business management Marketing and Sales training Product range How to assess and price a job Admin systems & procedures Employment/staff management techniques and requirements |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Access to shuttercraft's bespoke quoting and invoicing software which includes image rendering software that illustrates the shutter installation for the consumer Support via business development managers who have developed many of the UK's leading independent retailers Marketing support to help you target prospects, push sales and achieve referrals Apprenticeship time spent with some of the best shutter surveyors and fitters in the UK |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | Yes |
After owning and operating his own mobile floor and window coverings business for several years in Wisconsin, Greg Schmich launched Nationwide Floor and Window Coverings as a franchise in 1992. Today franchisees throughout the U.S. and Canada offer in-home and in-office service to customers, selling carpet, vinyl, laminate flooring, hardwood, ceramic tiles, area rugs, blinds and shades, drapes and toppers and shutters.
Choosing a shuttercraft franchise provides you with access to the UK's most comprehensive range of high quality window shutter products and the S:CRAFT PURE Wood range of wood slat venetian blinds. All shuttercraft products are marketed under the S:CRAFT brand and utilising their extensive market knowledge you will be provided with the highest levels of support, including an on-going marketing programme. Continuing market research and investment in product development will ensure the best product range is available to meet today's market. The shuttercraft franchise package includes all the training and support needed to set-up and run the business locally. In this section you can see the relatively low set-up costs and the financial returns in detail, generating over $60k trading profit in year two with further potential for those with even higher ambitions. No doubt you will have many questions to ask, and there will be plenty of time during the process to do so, should you choose to apply. The start-up costs and support package is listed below, but we will discuss this with you in more detail after we have received your questionnaire. Subject to status the main high street banks are able to help with the financing of the franchise. Territory Demographics Trade Mark Franchise Agreement Operating Manual Induction Training - 2 wks Initial Support - 5 days Business Launch Business Stationery Leaflets etc. Demonstration Equipment (portable) Corporate Clothing Franchisee mini site on franchisors main site Franchise Package (payable to the franchisor) Van deposit (VW Transporter) - lease Vehicle Logo & Tel numbers Equipment Laptop & Printer Broadband Mobile Telephone Sundry Tools Other Legal advice Induction training expenses Start Up Costs $16,900 VAT (20%) $3,380 Total Start Up (exc. working capital) 20,280