Startup cost: $500 - $3k

Setup costs for a freelance graphic design business range from $500 to $3,000. At the minimum end, this would cover essential expenses like a computer, graphic design software subscription, and basic marketing materials. On the higher end, investing in premium design software, a high-quality computer with advanced specifications, professional portfolio website setup, and initial marketing budget would be included. Recurring costs may involve software subscriptions and website hosting fees. Online communities suggest that while starting costs can be kept low, they can increase as you commit to higher quality tools and marketing strategies. For a friend looking to take this seriously, I would recommend budgeting between $500 and $3,000 to ensure a professional and competitive start.