Office Space Expenses

$0

$7,000

Inventory Expenses

$350

$14,750

Software Expenses

$150

$2,794

Website Costs

$13

$215

Advertising & Marketing Costs

$0

$2,450

Total Startup Costs

$513

$27,209

Philstar.com

philstar.com

17,404

loudersound

loudersound.com

29,439

Eyeglasses.com

eyeglasses.com

68,502

Gundry MD

gundrymd.com

73,955

Los Angeles Mission College

lamission.edu

100,215

Simple Home Improvement Financing

gethearth.com

137,882

WaterRower Rowing Machine

waterrower.com

152,971

Burch Bottle & Packaging, Inc.

burchbottle.com

157,173

Wholesale Sunglasses, Eyewear & Accessories

frameandoptic.com

175,168

Metalhead Zone

metalheadzone.com

208,858

Medals of America

medalsofamerica.com

228,116

Flexibility

You can put as much time into the business as you'd like. If you like the work and have some initial experience, you can start small and manage all aspects of the business on your own.

Ability to start your business from home

It's not necessary to have a physical storefront or office space to get your business started. You can do everything from the comfort of your own home, at least in the beginning!

Little startup costs required

The cost to start a metal heart business costs significantly less money than most businesses, ranging anywhere from 12 to 27,209.

Rewarding work

Starting a metal heart business can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about.

Scalable

With businesses and processes changing daily, there will always be demand for new features, products and services for your business. Additionally, there are several different business models and pricing tiers you can implement that will allow you to reach all types of customers.

Traffic to your website

A metal heart business gives people a reason to visit your website and to keep coming back to you!

Crowded Space

Competition is high when it comes to your metal heart business, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies.

Finding The Right Supplier

Most businesses in this space go the supplier/manufacturer route, which isn't a bad thing! However, finding the right supplier can take a lot of time, energy and trial/error. If done properly, this process can save you months (if not years) of time and energy. More on this below in the "finding a supplier" section.

Security Issues

With any Saas business, data loss and security issues may arise throughout your process of building your product. It's critical that you understand exactly what you're responsible for and how to avoid potential issues down the road.

Lack of benefits

With a metal heart business, you are typically self-employed and responsible for finding your own insurance, which can be quite costly and time-consuming.

Isolation

Often times, as a metal heart business, you typically work alone and do not have much face-to-face interaction with other team members.

Taxes

As a metal heart business, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it.