{"id":4085,"date":"2015-10-14T17:08:23","date_gmt":"2015-10-14T21:08:23","guid":{"rendered":"http:\/\/printfinishblog.com\/?p=4085"},"modified":"2018-03-24T14:18:14","modified_gmt":"2018-03-24T18:18:14","slug":"what-is-your-breakeven-on-a-binding-machine","status":"publish","type":"post","link":"https:\/\/customprintproducts.com\/blog\/2015\/10\/what-is-your-breakeven-on-a-binding-machine\/","title":{"rendered":"What Is Your Breakeven On a Binding Machine?"},"content":{"rendered":"<p><img decoding=\"async\" class=\"alignright\" src=\"https:\/\/customprintproducts.com\/blog\/wp-content\/uploads\/1444842502_thumb.jpeg\" alt=\"\" align=\"middle\" \/>Sometimes it is tough to decide, should I bring my bookbinding in-house our outsource it to another shop? Picking the right binding machine is only half the problem. Figuring out what it all costs is another. So, If you were to buy a Rhin-O-Tuff OD4012 <a href=\"https:\/\/lloydsofindiana.com\/punch-machines\/\" class=\"broken_link\">binding machine<\/a>, what would it cost? And, how long would it take to get your money back? Let\u2019s do the math.<\/p>\n<h3>Question 1: How many booklets will you do in a month?<\/h3>\n<p>Let\u2019s say 80<\/p>\n<h3>Question 2: What are you binding?<\/h3>\n<p>4:1 Coil<\/p>\n<h3>Question 3: What model?<\/h3>\n<p>Rhin-0-Tuff OD4012 &#8211;<strong> $2,690<\/strong><br \/>\nElectric coil inserter &#8211;<strong> $976<\/strong><\/p>\n<h3>So, how long will it take?<\/h3>\n<ul>\n<li>Average book size is<strong> 20 pages<\/strong><\/li>\n<li>Coil size is <strong>4:1<\/strong><\/li>\n<li>Average cost of Outsource booklet: <strong>$18.00<\/strong><\/li>\n<li>Labor Rate: <strong>$20\/Hour<\/strong><\/li>\n<li>Time to build 1 Booklet: <strong>3.2 minutes<\/strong><\/li>\n<li>Average in-house booklet cost:<strong> $3.51<\/strong><\/li>\n<li>Average Savings per booklet: <strong>$14.49<\/strong><\/li>\n<li>Averages Savings per month: <strong>$1,159.20<\/strong><\/li>\n<li># of in-house booklets till payback: <strong>349 booklets<\/strong><\/li>\n<li># months till payback: <strong>4 months<\/strong><\/li>\n<\/ul>\n<p><strong>Buy or lease?<\/strong> Approximate lease payment would be $85 a month over 60 months.<\/p>\n<p>So, if you were looking at adding a <a href=\"https:\/\/lloydsofindiana.com\/rhin-o-tuff-onyx-od4012-punch-od4012.html\" class=\"broken_link\">binding machine<\/a> to your business, this can help you get an idea of how much a Rhin-O-Tuff binding machine would cost to break even. 4 months of pretty heavy use, the rest is gravy. Plus, they have a 3-year warranty on their machines. Not a bad deal.<\/p>\n<p><a href=\"https:\/\/lloydsofindiana.com\/Rhin-O-Tuff-Binding-Machines\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-4244\" src=\"https:\/\/2d22dcef2a28e3d8f428.s3.amazonaws.com\/wp-content\/uploads\/rhinotuffshop.png\" alt=\"shop rhin-o-tuff binding punch machines\" width=\"220\" height=\"35\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Sometimes it is tough to decide, should I bring my bookbinding in-house our outsource it to another shop?&hellip;","protected":false},"author":2,"featured_media":4088,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","footnotes":""},"categories":[633],"tags":[316,37,786,761,680],"class_list":{"0":"post-4085","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-print-business","8":"tag-binding-machine","9":"tag-book-binding","10":"tag-coil","11":"tag-rhin-o-tuff","12":"tag-warranty","13":"cs-entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What Is Your Breakeven On a Binding Machine?<\/title>\n<meta name=\"description\" content=\"We take a look at what it would take to break even on a Rhin-O-Tuff OD4012 binding machine, it&#039;s costs and advantages.\" \/>\n<meta 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