Businease

    Build vs Buy Model

    Evaluate whether to build a custom solution in-house or acquire an existing one. Compare NPV of Total Cost of Ownership across the analysis horizon, with sensitivity to interest rates, inflation, and opportunity cost of delay.

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    What is the Build vs Buy Model and how does it work?

    The Build vs Buy Model compares the Net Present Value of Total Cost of Ownership for two paths: building in-house versus purchasing externally. Year 0 captures upfront investment plus any opportunity cost of delay; subsequent years add inflation-adjusted operating or licensing costs (Build's costs are offset by an annual customization value benefit). An effective discount rate combines your discount rate and the prevailing interest rate, bringing every future cost back to today's value so the two paths are directly comparable.

    NPV(TCO) = Σ Cost_t / (1 + discount + interest)^t · Decision = argmin(NPV_Build, NPV_Buy)

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    Evaluation Parameters

    5 yrs
    8.0%
    5.0%
    2.0%

    Monthly value lost while waiting for the slower option to launch.

    Annual value generated by having a custom-built solution. Subtracted from Build's annual operating costs.

    Build Option

    12 mo
    10.0%

    Buy Option

    3 mo
    15.0%
    Recommendation
    Buy Option Preferred
    Build NPV
    $687,871
    Buy NPV
    $467,222

    The Buy option presents a lower NPV of Total Cost of Ownership ($220,649 less, 47.2% savings) over the 5-year analysis period, indicating a more financially favourable strategic path.

    Cumulative NPV of TCO

    PeriodBuild NPVBuy NPV
    Year 0$590,000$300,000
    Year 1$23,009$40,619
    Year 2$21,161$36,665
    Year 3$19,447$33,096
    Year 4$17,861$29,874
    Year 5$16,394$26,966

    Key Decision Drivers

    Initial Investment DifferentialHigh
    Significant difference in upfront costs ($290,000)
    Time-to-Market Opportunity CostHigh
    Delayed implementation results in $90,000 opportunity cost

    Strategic Impact Analysis

    High Decision Confidence
    Clear financial advantage (38.2% cost difference) provides high confidence in recommendation.
    Market Timing Risk
    9-month delay with the build option may impact competitive positioning and first-mover opportunities.

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