How Much Does It Cost To Start A Home Sofa Business? (In 2024)
Looking to start a home sofa business?
But curious about:
- how much it costs to start a home sofa business?
- what are the typical home sofa business startup costs?
- or the actual cost of starting home sofa businesses?
Well, we have the data to prove it, supported by real home sofa businesses and how much they actually cost to start.
Let's go over it.
Learn more about starting a home sofa business:
Where to start?
-> Pros and cons of a home sofa business
Need inspiration?
-> Marketing ideas for a home sofa business
Other resources
Software Expenses
Your home sofa business needs software to run efficiently!
Why spend money on software? Because it can help you save time and automate certain parts of the business, so you can focus on the most important matters. Software and technology can help you grow your business, and save you from expensive personnel costs.
| Cost | Required? | Min Cost | Max Cost |
|---|---|---|---|
|
File Hosting Service |
Recommended |
$0 |
$299 |
|
Email marketing tool |
Recommended |
$0 |
$100 |
|
Accounting & Invoicing Software |
Recommended |
$0 |
$50 |
|
Project Management Software |
Recommended |
$0 |
$25 |
|
Internal Communication Tool |
Recommended |
$0 |
$20 |
|
Design Programs & Software |
Optional |
$0 |
$50 |
| IT Support ➜ |
Optional |
$150 |
$2,000 |
|
Social Media Management Tools |
Optional |
$0 |
$50 |
|
Payroll Software |
Optional |
$0 |
$200 |
Office Space Expenses
It will be your call to determine if you need office space. It is not a requirement but may be necessary as your home sofa business grows.
| Cost | Required? | Min Cost | Max Cost |
|---|---|---|---|
| Rent ➜ |
Optional |
$0 |
$5,750 |
| Utility Costs For Office Space ➜ |
Optional |
$0 |
$1,150 |
| WiFi & Internet ➜ |
Optional |
$0 |
$100 |
Inventory Expenses
If you sell a physical good, you'll likely have to start with some inventory.
| Cost | Required? | Min Cost | Max Cost |
|---|---|---|---|
|
Upfront Costs For Inventory |
Optional |
$300 |
$5,000 |
|
Inventory Storage |
Optional |
$0 |
$5,000 |
| Package Design ➜ |
Optional |
$50 |
$3,000 |
|
Shrinkage |
Optional |
$0 |
$1,000 |
|
Distribution costs |
Optional |
$0 |
$750 |
Website Costs
Every business should have a website, and it's worth spending a bit of money to set it up right.
| Cost | Required? | Min Cost | Max Cost |
|---|---|---|---|
| Domain Name ➜ |
Required |
$12 |
$200 |
| Business Email Hosting Service ➜ |
Recommended |
$1 |
$15 |
Advertising & Marketing Costs
| Cost | Required? | Min Cost | Max Cost |
|---|---|---|---|
|
Customer Research & Surveys |
Optional |
$0 |
$300 |
|
Affiliate Marketing Commission & Fees |
Optional |
$0 |
$250 |
|
Influencer Marketing |
Optional |
$0 |
$750 |
|
Press |
Optional |
$0 |
$500 |
|
Google Ads |
Optional |
$0 |
$300 |
|
Facebook & Instagram Ads |
Optional |
$0 |
$350 |
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
