Startup Costs

Start A Health And Wellness Coaching Business

Startup Costs

Wondering how much it costs to start a health and wellness coaching business?

  • The minimum startup costs for a health and wellness coaching business: $8,006
  • The maximum startup costs for a health and wellness coaching business: $48,946
  • The average startup costs for a health and wellness coaching business: $28,551

Here's a detailed list of a health and wellness coaching business startup costs:

Business Formation Fees

There are a few key costs associated with forming your business entity, such as setting up an LLC and getting trademarks, copyrights, and patents sorted.

Cost Min Startup Costs Max Startup Costs
Small Business Insurance $500 $2,000
Permit and License Fees $50 $700
Trademarking $0 $700
Lawyer Fees $0 $1,500
A Patent ➜ $5,000 $15,000
Set up business: LLC & Corporations $50 $500

Software Expenses

Your health and wellness coaching 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 Min Startup Costs Max Startup Costs
Design Programs & Software $0 $50
Email marketing tool $0 $100
IT Support ➜ $150 $2,000
Accounting & Invoicing Software $0 $50
CRM Software ➜ $12 $300
Project Management Software $0 $25
Internal Communication Tool $0 $20
Social Media Management Tools $0 $50
Payroll Software $0 $200
Online data storage $0 $299

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 health and wellness coaching business grows.

Cost Min Startup Costs Max Startup Costs
Utility Costs For Office Space ➜ $200 $1,150
WiFi & Internet ➜ $50 $100
Rent ➜ $500 $5,750

Employee & Freelancer Expenses

Cost Min Startup Costs Max Startup Costs
Employee Rewards ➜ $0 $100
Payroll Costs & Fees ➜ $150 $250
Employee Hiring Expenses $1 $2

Equipment & Supply Expenses

Starting a health and wellness coaching 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 Min Startup Costs Max Startup Costs
Technology Office Equipment ➜ $500 $5,000
Cleaning Supplies ➜ $63 $200
First-aid Equipment ➜ $3 $500

Website Costs

Every business should have a website, and it's worth spending a bit of money to set it up right.

Cost Min Startup Costs Max Startup Costs
Website Builder ➜ $10 $500
Web Design ➜ $200 $6,000
A Domain Name ➜ $12 $200
Business Email Hosting Service ➜ $1 $15
Website Hosting Costs ➜ $80 $300
Website & Live Chat Tool $0 $200

Advertising & Marketing Costs

Cost Min Startup Costs Max Startup Costs
Business Cards $0 $50
Business Signage ➜ $75 $2,486
Press $0 $500

Training & Education Expenses

Cost Min Startup Costs Max Startup Costs
Professional Training $0 $850

Other Expenses

Cost Min Startup Costs Max Startup Costs
Time! $0 $500

Specific Industry Expenses

Cost Min Startup Costs Max Startup Costs
Personal Trainer Certification $399 $799