Typical scenario for separate files

Below 5 different files are used to use 5 different settings on engraving:

1. Engrave text with a lower laser power and/or faster speed,
2. Cut components,
3. (If exists) Cut screw holes,
4. (If exists) Engrave component and/or screw recesses with a power slightly higher than text engraving and slower speed depending on engraving depth/screw head diameter.
5. Cut outlines to separate sides from the material

If you are using a laser engraving software similar to LaserGRBL (free and open-source), you can separately append the files one by one with different settings and have all engraving and cutting at once. Similarly, some other engraver software such as MeerK40t (free and open-source) let you also import all files at once and select the items to set different operation for each item.