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About Startup CostsThe startup costs provided in this database include an approximate financial investment that will be needed to start the business. This is generalized information and should only be used as a yardstick to determine business startup costs. Your investment will vary based on factors such as equipment, transportation, licensing and permits, operating location, working capital and initial marketing and advertising budgets. Remember a successful entrepreneur is one who carefully researches and plans every aspect of a new business venture, including the financial investment needed to start a business and the working capital required to achieve positive cash flow.![]() Reward yourself--and someone else--with a business that makes trophies. Business OverviewEach year in North America millions of trophies are given to winning sports teams, game MVPs, and to people being recognized for outstanding achievement. The demand for trophies is not only proven, it also continues to increase every year as the population of people and popularity of sports continues to grow. A trophy supply and engraving business can be started for less than $5,000, and purchasing trophies on a wholesale basis should not prove to be difficult as there are thousands of trophy manufacturers worldwide. Furthermore, the equipment needed for engraving name plaques for the trophies is inexpensive and available at most building centers in every community. Profit potential range is $10,000+ per year.Related Business IdeasRelated ArticlesHow to Sell at Craft Fairs and ShowsInterested in turning your artistic hobby into a business? Find out how you can make money by selling your handicrafts at art shows and craft fairs.
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