Startup cost: $200 - $2.5k

The low-end estimate covers basic essentials like a reliable internet connection, a basic laptop or computer, and free or low-cost online resources for test prep materials. The high-end estimate includes a high-quality laptop, professional test prep software, marketing expenses for ads on platforms like Facebook or Google, a professional website, and subscriptions to premium resources or platforms. Optional costs include renting a dedicated office space, purchasing high-end video equipment for online tutoring, and hiring a professional for branding or website design. Hidden costs might include transaction fees for payment processing and ongoing subscription renewals. Many online communities suggest that while starting costs can be low, expenses can increase as you scale or seek to improve service quality.