Startup cost: $500 - $10k
Low-end estimate: This budget covers essential items like a basic website or social media presence for marketing, minimal inventory or supplies for the festival, and basic equipment like tables or tents. It assumes leveraging free or low-cost platforms and tools, and possibly using personal resources or borrowing equipment.
High-end estimate: This includes a professional website, advanced marketing tools, paid advertising, high-quality inventory, professional-grade equipment, insurance, and possibly hiring staff or contractors. It also accounts for permits, licenses, and other administrative costs. This budget allows for a more polished and scalable operation, reducing the risk of unexpected expenses.
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