Startup cost: $200 - $3k

Setup costs range from $200 to $3,000 for starting a stock photography and video licensing business. At the minimum end, you would need a decent camera or smartphone for capturing high-quality images or videos, basic editing software, and a computer for post-processing. Optional expenses might include a tripod, lighting equipment, or a subscription to stock media platforms for research purposes. On the higher end, investing in professional-grade camera equipment, dedicated studio space, advanced editing software, and marketing tools can enhance the quality and reach of your content. Hidden costs could arise from model releases, copyright registrations, or website hosting fees. Online discussions suggest that initial expenses can increase as you commit, especially if you aim for premium gear or marketing strategies. To take this seriously, budgeting around $500 to $1,000 for equipment and software, and allocating $500 to $2,000 for marketing and operational expenses would be advisable.