Startup cost: $500 - $5k

Low-end estimate includes basic tools like screwdrivers, pliers, multimeter, and a few replacement parts. It also covers minimal advertising costs on platforms like Facebook Marketplace or Craigslist and a basic online presence with a simple website or social media page. This setup is for someone leveraging existing skills and focusing on smaller, local jobs. High-end estimate covers a comprehensive set of tools, including specialized equipment like diagnostic tools and power tools. It also includes professional-grade advertising, a well-designed website, business insurance, and possibly a small inventory of common replacement parts. This setup is for someone aiming to establish a more professional and scalable operation. Hidden costs might include ongoing marketing expenses, tool maintenance, and potential licensing fees. Online communities often highlight that while starting costs can be low, expenses can increase as the business grows.