Which are the main criteria people have to take into consideration at the time of purchasing workshop machinery ?
Before purchasing new workshop machinery one should think about following points...
For most businesses, even those turning over millions of rupees per year, purchasing new machinery is a large financial decision that should not be made lightly.
Some machinery costs thousands of rupees, so that purchase can dramatically alter the financial situation of your business.
If a company is very cash-rich, they may choose to buy machinery or equipment outright so that they have full ownership from the outset and can keep the equipment for as long as they choose.