Startup cost: $500 - $5k

Low-end estimate includes basic tools like a quality hairdryer, curling iron, flat iron, basic hair products (sprays, gels, pins), and a simple website or social media setup for marketing. This budget assumes minimal advertising and relies on word-of-mouth or free social media promotion. High-end estimate covers professional-grade tools and equipment, a comprehensive range of high-quality hair products, professional website development, paid advertising on platforms like Instagram or Facebook, business insurance, and possibly renting a small studio space. This budget also includes attending workshops or courses to enhance skills and credibility. Hidden costs might include ongoing product replenishment, website maintenance, and unexpected equipment repairs or upgrades. Online communities often mention that costs can increase as the business grows and more clients are acquired.