Support for Tools ROI mobile app
Last Updated: October 16th, 2023
1. What is tool ROI
Thank you for choosing "Tools ROI", a simple Return on Investment (ROI) calculator. A niche specific app that calculates a ROI based on an offer price on new test equipment. Easily input the cost of test equipment or tools, hourly wage of an employee, number of work weeks a year, the number of times the tool is being used per week and the revenue the new tool will generate - To calculate when your investment is earned back.
2. How to use the app
Simply fill the input fields with the required values to calculate how fast your investment is earned back.
- Section: Purchse of tools - Input name of your tool and the price. Keep adding more products until your needs are covered. To complete the totalt calculation you can add a discount percentage to calculate a final net price
- Section: Hourly wage / number of tests - Input the hourly wage for an employee, the number of work weeks per year, the number of times you expect the equipment to be used and how long time it takes to perform the test or adjustment.
- Section: Revenue - Simply add how much you expect to earn every time the tool is being used in your workshop
- Section: Result - Simply click the "calculate" button to see how fast your investment is earned back
7. Got any problems? or Issues?
If you have any questions or suggestions about our Tools ROI mobile app, do not hesitate to contact us at support@unikk.io.