5mo
Startup cost: $500 - $3k
Setup costs range from $500 to $3,000 depending on the tools and services you choose. Essential expenses include website hosting, domain registration, CRM software, and lead generation tools. Optional expenses may include paid advertising, graphic design services, and premium software subscriptions. Hidden fees to consider are ongoing software subscriptions, ad spend, and potential outsourcing costs for tasks like content creation. While some may advertise this side hustle as low-cost, expenses can increase once you commit to investing in quality tools and services. To take this seriously, I would advise a friend to budget between $500 and $3,000 to ensure they have the necessary resources for a successful start.
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