Startup cost: $200 - $2.5k

Low-end estimate: This budget covers essential costs like a basic website or e-commerce platform subscription (e.g., Shopify or Etsy), a small initial inventory, and minimal marketing efforts such as social media promotion. It assumes the use of free tools for design and management, and no paid advertising. High-end estimate: This includes a professional website setup, a larger and more diverse inventory, paid advertising on platforms like Facebook or Google, professional branding and design services, and subscriptions to advanced tools for analytics and customer management. It also accounts for potential legal fees for setting up a business entity and any unexpected costs that might arise. People often find that costs can creep up due to recurring fees for software, unexpected inventory needs, or increased advertising spend as they scale. Online communities suggest starting lean but being prepared for additional expenses as the business grows.