Startup cost: $500 - $5k

The low-end estimate covers basic essentials like a website domain and hosting ($100), basic marketing materials (business cards, flyers - $100), and initial inventory or supplies for small events (decorations, tableware - $300). The high-end estimate includes a professional website design ($1,000), advanced marketing and advertising (social media ads, Google Ads - $1,500), comprehensive inventory for larger events (high-quality decorations, lighting, sound equipment - $2,000), and professional software for event planning and management ($500). Hidden costs can include insurance, transportation, and unexpected supply needs. Online communities often mention that costs can creep up as the business grows and more sophisticated tools and services are needed.