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How to Evaluate the purchase of a Quilting Machine.
In how to evaluate the purchase of a quilting machine guide, I have taken a simplistic approach to time, costs and payback.
There are more scientific models available such as net present value and discounted cash flow but I wanted to provide a quick
easy evaluation for those who are considering purchasing a quilting machine and wanted to know how the costs can be evaluated
over time and how long it would take to recover the costs incurred.
I have taken four values for costs, these represents the low end, average through to the higher end quilting machines. These
values are $7500, $10,000, $12,500 and $15,000.
Time periods are the length of time to recover the abov...
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