Startup costs can vary considerably depending on the type of business you're starting, its industry, and location. According to a study by the U.S. Small Business Administration, most business owners spend about $3,000 to start, while most home-based business ventures start at $2,000 to $5,000. Brick-and-mortar businesses, however, can have much higher startup costs due to expenses like rent, renovations, and inventory. It's also crucial to factor in ongoing expenses such as utilities, salaries, marketing, and insurance. Remember, these are average costs - your particular business could cost more or less to start. Always do thorough financial planning and budgeting before launching your new business.