Custom Apparel Startups

Those letters - ROI - are thrown around a lot in almost every business.Technically, it's Return on Investment - but just what does that really mean?What is an ROI?When you put money into a business endeavor, ROI helps you understand how much profit your investment has earned. Looking at potential ROI numbers, and going back to review them over time helps you to make solid business investments.So WHY should you care? Why figure out ROI at all?Businesses look at ROI a few different ways, and they're all helpful in figuring how profitable your business might be based on how much money the equipment cost.ROI - How long will it take to make in profits what your equipment cost you?For example : let's say you bought at $10,000 t-shirt transfer printerAnd you project you'll make $10 for every shirt you sell using itSell 200 shirts per month and you'll make $2,000, which means your machine is "paid back" in 5 monthsSell 500 shirts per month and it's paid back in 2.If the expected life of the printer is 5 years and it