If possible, all the costs connected with the new purchase should be taken into account. Whether large corporations or individual entrepreneurs, anyone who wants to assess an investment properly should estimate all the costs incurred.
By considering the TCO, a calculation process is available that can help companies in precisely this area.
This procedure, which was originally developed for the IT sector, has in the interim been taken up in all industry branches and lists all the relevant costs of an investment, from the purchasing process through to disposal. The principle is really very simple.
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