No, in the Premium and Elite versions of Tideforce, fees are only incurred when a transaction takes place. This structure is particularly beneficial for sports schools, as it eliminates fixed costs and allows for more precise financial planning.

Key Points:

• Transaction-Based Fees Only: Unlike other systems that may charge fixed fees regardless of activity, Tideforce only incurs costs when bookings are made. This means that if no transactions occur, there are no fees, making it easier to manage your budget.

• Perfect Cost Calculations: This fee structure allows you to accurately calculate the total cost of offering each product at your school. By factoring in teacher wages, general operational costs, material wear and tear, payment provider fees (such as those from Mollie), and Tideforce’s transaction fee, you can determine the exact net profit for each booking.

• Tailored for Schools’ Needs: The lack of fixed fees means that schools have more flexibility in how they scale their operations. You’re only charged when your system is actively processing bookings, making it a cost-effective solution for schools of any size.

Tip:

Use Tideforce’s detailed reports to regularly assess the profitability of your services. By breaking down all the costs associated with each product, including the transaction fees, you can optimize pricing and maximize your school’s profits.