How Much Does It Cost To Start A Crm Business? (In 2023)

How Much Does It Cost To Start A Crm Business? (In 2023)
Start A Crm Business

Wondering how much it costs to start a CRM business?

  • The minimum startup costs for a CRM business: $12
  • The maximum startup costs for a CRM business: $33,558
  • The average startup costs for a CRM business: $17,491

Here's a detailed list of a CRM business startup costs:

Learn more about starting a CRM business:

Where to start?

-> How to start a CRM business?
-> Crm business plan
-> How to finance a CRM business?
-> Pros and cons of a CRM business
-> How to get clients for a CRM business?

Need inspiration?

-> Other CRM business success stories
-> Examples of established CRM business
-> Marketing ideas for a CRM business
-> Crm business slogans
-> Crm business names

Other resources

-> Profitability of a CRM business
-> Crm business tips
-> Crm business hashtags

Software Expenses

Your CRM 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
CRM Software ➜ Recommended $12 $300
Project Management Software Recommended $0 $25
Internal Communication Tool Recommended $0 $20
Accounting & Invoicing Software Recommended $0 $50
IT Support ➜ Optional $150 $2,000
Social Media Management Tools Optional $0 $50
Design Programs & Software Optional $0 $50

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 CRM 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

App Creation Costs

Cost Required? Min Cost Max Cost
App Development ➜ Optional $1,000 $20,000
Apple Developer Program Optional $99 $99

Advertising & Marketing Costs

Cost Required? Min Cost Max Cost
Business Cards ➜ Optional $0 $50
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

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

Training & Education Expenses

Cost Required? Min Cost Max Cost
Professional Training Optional $0 $850

Pat Walls,  Founder of Starter Story
Want to find more ideas that make money?

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