ROI Calculator - New Production{{title}}

1. Miller Weldmaster Machine Labor Cost

Investing in your business is a crucial part of future success. When investing specifically in capital equipment one of the key objectives is proving the Return on Investment. Our ROI calculator will provide an initial comparison based on labor savings.

Start by entering your current production details.

Unit (pick your desired calculation unit)
Estimated Production Time per {{ selectedUnit.single }} (min)
Number of Employees
Hours per Day
Hourly Rate ($/hr)	$
Daily Labor Cost	{{curDailyLaborCost() \| currency}}
{{ selectedUnit.plural }} Produced in 1 Day	{{curProductPerDay()}}
Raw Goods Cost per {{ selectedUnit.single }}	$

2. Financials

We work with multiple finance companies that have multiple options to help you grow your business. These calculations are estimates only. If you would like more information on financing, please let us know.

Machine Price	$
Lease Terms (months)

Results

We understand that investing in new equipment is a major business decision, but you won’t do it alone. We are here every step of the way. We hope this Return on Investment provided you and your business with the quick analysis needed in pursuing the decision to invest in your business.

Approximate Monthly Payment {{wmMonthlyPayment() | currency}}

Pay Off
YEAR 1 - Cost Per {{ selectedUnit.single }} based on Labor and Machine Purchase	{{ totalCostPerPiece() \| currency }}
YEAR 1 - Cost Per {{ selectedUnit.single }} based on Labor, Machine Purchase, and Raw Goods at {{ data.rawGoodsPer \| currency }} per {{ selectedUnit.single }}	{{ totalCostPerPiecePlusRaw() \| currency }}
YEAR 1 – Total Labor Costs plus Machine Investment	{{ totalYearlyLaborPlusMachine() \| currency }}
YEAR 1 - Total Investment including Labor, Machine Purchase and Raw Goods at {{ data.rawGoodsPer \| currency }} per {{ selectedUnit.single }}	{{ totalInvestment() \| currency }}
Number of {{ selectedUnit.plural }} to Produce to Pay Off Machine Cost Only (based on Year 1 price per {{ selectedUnit.plural }} including Labor, Machine, and Raw Goods)	{{ productsToPayOff() \| number }}
Months to Pay Off Machine Cost Only	{{ payOffMonths() }}
Years to Pay Off Machine Cost Only	{{ payOffYears() }}

Labor Costs
per Day	{{ curDailyLaborCost() \| currency }}
per Month	{{ curMonthlyLaborCost() \| currency }}
per Year	{{ curYearlyLaborCost() \| currency }}

Machine Cost
per Day	{{wmPerDay()\|currency}}
per Week	{{wmPerWeek()\|currency}}
per Month	{{wmPerMonth()\|currency}}
per Year	{{wmPerYear()\|currency}}

Production Output
per Day	{{ curProductPerDay() \| number }}
per Month	{{ curProductPerMonth() \| number }}
per Year	{{ curProductPerYear() \| number }}

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Product Pricing

As you continue to review the potential of starting a new production, this section will give you a quick look at your potential pricing structure. The estimated revenue per unit is calculated for year 1 only and is based on the following formula:

(Potential Selling Price - Labor and Machine Cost per {{ selectedUnit.single }}), then multiplied by the total you can produce in 1 day based on Step 1.

Potential Selling Price	$
Net Profit per {{ selectedUnit.single }}	{{ perPieceRevenue() \| currency }}
Daily Net Profit	{{ dailyRevenue() \| currency }}
Monthly Net Profit	{{ monthlyRevenue() \| currency }}
Yearly Net Profit	{{ yearlyRevenue() \| currency }}
Total {{ selectedUnit.plural }} to break even on Year 1 Total Investment, including Labor, Machine Purchase and Raw Goods	{{ productsToPayOffPlusRaw() \| number }}