How Much Does It Cost To Start A Halal Inspired Footwear Brand? (In 2023)
Wondering how much it costs to start a halal inspired footwear brand?
- The minimum startup costs for a halal inspired footwear brand: $12
- The maximum startup costs for a halal inspired footwear brand: $27,209
- The average startup costs for a halal inspired footwear brand: $13,936
Here's a detailed list of a halal inspired footwear brand startup costs:
Learn more about starting a halal inspired footwear brand:
Where to start?
-> Pros and cons of a halal inspired footwear brand
Need inspiration?
-> Other halal inspired footwear brand success stories
-> Examples of established halal inspired footwear brand
-> Marketing ideas for a halal inspired footwear brand
Other resources
Software Expenses
Your halal inspired footwear brand 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 halal inspired footwear brand 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 |
Hey! 👋 I'm Pat Walls, the founder of Starter Story.
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