How do you measure ROI (return on investment)? With dollars and cents, probably—like everyone else. But what about other forms of ROI?
Life’s most valuable experiences can’t be measured in monetary terms. Even in business, the birthplace of the ROI mindset, quantitative data is only ever a piece of the puzzle.
In some cases, you may spend little or no money but exert tremendous energy resources for minimal gains. Other times, a financial investment is your only expense, and the benefits are priceless.
To comprehend the full value of our investments and their returns, we must step back and look holistically at the effect an investment has had on our minds, bodies, and relationships, in addition to our bank accounts.
ROI and the Lasting Value of NTMA Membership
We believe that an investment in an NTMA membership offers returns that extend far beyond the reach of a calculator. Take a look at these NTMA member resources, and decide for yourself: what is the ROI of NTMA?
What is the value of advocacy?
NTMA’s most important work may be our advocacy for modern machine shops and the manufacturing industry as a whole. Your membership dollars enable the National Tooling and Machining Association to speak out for policies and laws that empower your business and the future of manufacturing.
What is the value of workforce development?
Unless we train the next generation of manufacturing workers, our industry faces an uncertain future. NTMA provides workforce development resources that help you grow your business by developing your people. We offer numerous machine shop resources, links, networking opportunities, and more to support your workforce.
What is the value of consolidated spending?
You can fairly easily calculate your cash savings from NTMA’s members-only service discounts and consolidated spending. But the total return isn’t limited to financial output. Because of NTMA’s industry relationships, members adopt comprehensive new processes, build lifelong vendor relationships, earn new business by expanding shop services, and so much more.
What is the value of connection?
You can’t predict the connection that leads to an incredible referral or the introduction that turns your business around. Starting a CNC machine shop is made simpler through the person-to-person engagement NTMA enables. Every day, NTMA connects manufacturing professionals throughout the US, leading to impactful conversations, productive mentorships, and lifelong friendships.
When the Return Is Fulfillment, Does the Investment Even Matter?
For about $5 per day, custom precision manufacturers from coast to coast claim NTMA membership. That’s the value of a fancy cup of coffee in exchange for political advocacy, incredible vendor discounts, continuing education, community networking, and so much more. With NTMA on your team, your modern machine shop’s future is bright!
And we think that’s enough ROI to last a lifetime.
Join NTMA, and find your manufacturing family.