Startup cost: $50 - $500

Low-end estimate: This budget covers the basics such as purchasing a small initial inventory of pawns, which could be sourced from thrift stores or online marketplaces. It also includes minimal packaging materials and basic marketing efforts like social media posts. High-end estimate: This budget allows for a more professional setup, including a larger inventory of high-quality or unique pawns, professional photography for listings, a small website or online store setup, and paid advertising on platforms like Facebook or Instagram. It also covers premium packaging materials and possibly a subscription to an e-commerce platform like Shopify. Essential costs include inventory and basic marketing, while optional costs involve professional services and advertising. Hidden costs might include transaction fees from online sales platforms and shipping costs. Online communities often suggest that while starting costs can be low, expenses can increase as the business scales or as one opts for more professional tools and services.