Startup cost: $200 - $2.5k

Low-end estimate: This budget covers basic tools like a hammer, screwdriver set, measuring tape, and a small power drill ($100). It also includes initial materials for a few projects, such as wood, nails, and paint ($50). A basic website or Etsy store setup with minimal fees ($50) is also included. High-end estimate: This budget includes high-quality tools like a full power tool set, including a drill, saw, and sander ($1,000). It covers a larger inventory of materials for diverse projects ($500). Professional branding, website design, and marketing services ($500) are included, along with initial advertising on platforms like Facebook or Instagram ($500). This also accounts for a workshop setup with proper lighting and storage ($500). Essential costs include basic tools and materials, while optional costs involve advanced tools, professional services, and advertising. Hidden costs might include transaction fees on sales platforms and ongoing marketing expenses. Many online suggest costs can creep up as you expand your project range or improve quality.