10mo
Startup cost: $1k - $5k
Setup costs range from $1,000 to $5,000 depending on the scale and quality you aim for. At the minimum end, expenses would cover essentials like venue rental, basic decor, marketing materials, and insurance. On the higher end, additional costs may include premium venue selection, professional event planners, catering services, wellness activity equipment, and branding services. Essential expenses at launch include venue rental, basic decor, marketing materials, and insurance. Optional expenses could be hiring professional event planners or investing in higher-end decor. Hidden or unexpected fees could come from permits, licenses, or last-minute supplies. Online discussions indicate costs can escalate once commitments are made. To take this side hustle seriously, budgeting around $3,000 to $4,000 would be advisable to cover initial setup and ensure a promising start.
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