How Much Does It Cost To Start A Business
Starting a business can be one of the most exciting and rewarding decisions you’ll ever make. But before you launch, one of the first questions you need to answer is: How much does it cost to start a business ? The truth is, startup costs can vary widely depending on your business model, industry, size, and location. Some businesses can be launched with under $1,000 , while others especially brick-and-mortar operations may require $50,000 to $150,000 or more . Startup Cost Ranges by Business Type Different types of businesses have different financial needs: Freelance or Online Business : These usually require the least investment. Expect to spend between $500 and $5,000 for things like a domain, website, software, and licenses. Home-Based Business : Ranges from $2,000 to $10,000 , including inventory, shipping supplies, and a website. Retail Store or Restaurant : Physical businesses can cost anywhere from $50,000 to $200,000+ due to rent, renovations, inventory, permits, and st...