Startup cost: $200 - $3k

Setup costs for starting a handyman side hustle typically range from $200 to $3,000. At the low end, you may only need basic tools like a hammer, screwdrivers, and a drill. Additional expenses could include creating business cards and flyers for advertising. On the high end, investing in quality power tools, a work vehicle for transportation, liability insurance, and a website for marketing can significantly enhance your business. Essential expenses include tools, transportation, and basic marketing materials, while optional expenses may include advanced equipment and online advertising. Hidden costs could arise from licensing fees, background checks, or unexpected tool replacements. People often find that costs can increase once they commit, especially if they opt for premium tools or services. To take this side hustle seriously, budgeting around $1,000 to $2,000 initially would be advisable to cover essential startup expenses and ensure a professional setup.