Startup cost: $500 - $2k

Setup costs range from $500 to $2,000 depending on the approach taken. At the minimum end, one would need to cover expenses like basic video editing software, a reliable computer, and possibly some initial marketing budget. On the higher end, investing in premium video creation tools, professional editing software subscriptions, and targeted advertising campaigns could enhance the business's launch. Essential expenses include software subscriptions, equipment like a good quality camera, and initial marketing costs. Optional expenses might include advanced editing plugins or high-end equipment upgrades. People often mention that while the business can start low-cost, additional expenses can creep up as one commits, especially in advertising and software upgrades. For a friend looking to take this side hustle seriously, I would recommend budgeting between $500 to $2,000 to cover initial setup and essential tools.