Startup cost: $500 - $5k

The low-end estimate covers basic essentials like a small inventory of decorations (balloons, tablecloths, centerpieces), basic tools (scissors, tape, glue), and initial marketing efforts (social media ads). The high-end estimate includes a more extensive inventory, professional-grade tools (lighting, sound equipment), a website, professional photography for marketing, and comprehensive advertising campaigns. Essential costs include inventory and basic marketing, while optional costs involve advanced tools and professional services. Hidden costs might include storage fees and transportation. Online communities often mention that costs can increase as the business grows and more services are offered. For someone serious about this side hustle, budgeting for quality materials and effective marketing is crucial.