Smart Business Decisions, Secure Family Future.
Dr. and Mrs. Johnson needed to decide whether to build a new facility or expand their current practice. A new facility would be a large outlay but offered many more options. Their ages and plans for college and retirement needed to be considered to ensure that their current income, retirement accounts, and savings could manage the outlay while still supporting their future plans.
Using the Build vs. Buy Calculator, we meticulously compared the total cost of ownership, considering financing, depreciation, operational expenses, and potential revenue generation. The tool revealed that building a new facility would cost $550,000 in increased capital over 10 years but would generate $100,000 more annual income than the expansion. This pointed to the new build as the most sensible option.
The Build vs. Buy Calculator incorporates various financial models to estimate the present value of future cash flows associated with each option. We customized the inputs with the Johnson's unique debt, earnings, and family needs.
$450,000 net profit from the increased income over 10 years by investing in the new facility.
Selling your business is a marathon, not a sprint. Ensure your final marketing push maximizes buyer interest without breaking the bank by strategically using GRP. This calculator helps you optimize your advertising spend during this critical period.
Discover how a seasoned tech executive leveraged his knowledge and a passion project into a lucrative YouTube channel, significantly boosting his retirement fund. This case study reveals how he used data-driven insights to maximize his YouTube earnings.
Discover how strategic time management and a thriving freelance side hustle powered by the Billable Hours Calculator allowed the Millers to significantly boost their college savings fund and secure their children's future. This tool helped them transform evenings and weekends into a valuable income stream.
Learn how to maximize your inherited IRA's growth and income with our Holding Period Return Calculator. Discover strategies to evaluate investment performance and make informed decisions for long-term financial security.