Startup cost: $1k - $5k

Setup costs range from $1,000 to $5,000 depending on the quality and extent of tools and services you choose. At the minimum end, you would need to allocate funds for website hosting, domain registration, analytics software subscriptions, and possibly some initial marketing budget. Investing in premium analytics tools, professional website design, advertising on relevant platforms, and hiring experts for consultancy services can push the costs higher. Essential expenses include software subscriptions, website hosting, and basic marketing. Optional expenditures might include advanced analytics tools, professional services for optimization, and premium advertising. Recurring fees could include software subscriptions and marketing costs. As reported in online communities, costs can escalate once you commit to higher quality services and tools. To take this side hustle seriously, a friend should budget between $1,000 to $5,000 for a solid start.