Startup cost: $500 - $5k

The low-end estimate covers basic essentials like a website domain and hosting ($100), business cards and marketing materials ($100), basic event planning software or tools ($100), and initial advertising on social media platforms ($200). The high-end estimate includes a professional website design ($1,000), comprehensive event planning software with CRM capabilities ($500), professional photography for marketing ($500), advanced advertising and SEO services ($1,500), and initial inventory or decor items for events ($1,500). Essential costs include a website, marketing materials, and some form of advertising. Optional costs at launch include professional services and advanced tools. Hidden fees might include ongoing software subscriptions or unexpected marketing costs. While some claim event planning is low-cost, expenses can increase as you scale or seek higher quality services. For someone serious about starting, budgeting for the high-end estimate ensures a more professional setup.