Calculating ROI in the Machine Shop

Let’s talk about what Return On Investment or ROI is in the machine shop and how it can help evaluate buying a new CNC machine or even bidding on a job!

This video is also a basic intro to using Excel (or Google Sheets) in the machine shop!

ROI Spreadsheet:

Three versions of “Excel”
1) Google Sheets:
2) OpenOffice (Free):
3) MS Office: