Startup cost: $200 - $2.5k
Low-end estimate includes basic essentials like a smartphone with a good camera ($0 if you already own one), a reliable internet connection ($0 if already available), and minimal marketing through free social media platforms. You might also need a small budget for initial transportation costs ($50) and basic office supplies ($50). A simple website or online presence can be set up using free tools or platforms ($100).
High-end estimate covers a more professional setup, including a high-quality smartphone or camera ($800), a premium website or e-commerce platform subscription ($300), professional marketing and advertising on social media ($500), inventory management software ($200), and a budget for transportation and delivery services ($300). Additional costs might include business registration fees ($200) and professional branding materials like business cards and flyers ($200). Hidden costs can include recurring software subscriptions and unexpected transportation expenses. Online communities often mention that while starting costs can be low, expenses can increase as the business scales.
1
Join the conversation
