Coffee shops require high startup costs, but they have the potential to generate over $1 million per year in revenue. The minimum to start a coffee shop is $80,000.
To promote a diesel performance shop, focus on the following methods:
- Target local drivers
- Place ads at gas stations and in newspapers
- Optimize for local search engines
- Conduct targeted online campaigns
Opening an Etsy shop is free, but Etsy charges fees for listing and renewing products. The fees are:
- 20 cents to list new products
- 20 cents to automatically renew sold listings every 4 months
Ecommerce initial costs can sum up to $40,000 for the first year, offset by profit margins.
The startup costs for a marketing agency range as follows:
- Minimum: $62
- Maximum: $23,259
- Average: $12,272