Startup cost: $500 - $5k

The low-end estimate covers a basic engraver machine ($300), essential materials like metal or wood blanks ($100), and basic design software ($100). The high-end estimate includes a professional-grade engraver ($2,500), a variety of high-quality materials ($500), advanced design software ($500), marketing and advertising costs ($500), and a professional website setup ($1,000). Essential costs include the engraver and materials, while optional costs are advanced software, marketing, and a website. Hidden costs might include maintenance and software subscriptions. Online communities often mention that while starting costs can be low, expenses can increase as the business grows.