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Total benefits of ownership (TBO) is a calculation that tries to summarise the positive effects of the acquisition of a plan. It is an estimate of all the values that will affect a business.
TBO is a financial estimate intended to help buyers and owners determine the direct and indirect benefits of a product or system. It is used to determine potential return on investment (ROI). The usage of TBO may lead to an increase in efficiency and productivity of a business, improvements in decision-making, or improvements in the workforce. It helps to identify important areas which a business should be focusing on, as well as uncovering the hidden aspects of the decisions made by the firm.