Start An Online Courses Business

How Much Does It Cost To Start An Online Courses Business?

Startup Costs

Wondering how much it costs to start an online courses business?

  • The minimum startup costs for an online courses business: $12
  • The maximum startup costs for an online courses business: $14,859
  • The average startup costs for an online courses business: $7,631

Here's a detailed list of an online courses business startup costs:

Equipment & Supply Expenses

Starting an online courses business may require purchasing some equipment, whether that's for producing the product or packaging the goods, or equipment needed in the back office.

Cost Required? Min Cost Max Cost
Laptop Optional $200 $2,000
Microphone Optional $20 $200
Camera Optional $20 $1,000

Software Expenses

Your online courses 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
Project Management Software Recommended $0 $25
Email marketing tool Recommended $0 $100
Accounting & Invoicing Software Recommended $0 $50
Internal Communication Tool Recommended $0 $20
File Hosting Service Recommended $0 $299
Design Programs & Software Optional $0 $50
Social Media Management Tools 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 online courses 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

Training & Education Expenses

Cost Required? Min Cost Max Cost
Online Learning Sites Optional $0 $1,000

Advertising & Marketing Costs

Cost Required? Min Cost Max Cost
Business Cards ➜ Optional $0 $50
Customer Research & Surveys Optional $0 $300
Networking Membership Fees Optional $0 $250
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

Specific Industry Expenses

Cost Required? Min Cost Max Cost
Ticketing Platform Fees Optional $0 $100