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: http://bit.ly/2sLcx1z

Three versions of “Excel”
1) Google Sheets: http://bit.ly/2sRrj25
2) OpenOffice (Free): http://bit.ly/2tlT6uV
3) MS Office: http://bit.ly/2suFsTf