Professional makeup business owners have stated that the initial startup cost is somewhere around $75000 to $200,000. This depends upon the business plan and the budget it includes. The costs involve: 1. Office location 2. Makeup accessories 3. Display cases 4. The payroll of the employees 5. Website, insurance, business logo 6. Marketing Whereas, the ongoing cost of business includes- traveling cost, maintaining inventory, Marketing and advertising, manufacture of inventory (if needed), and insurance.