If you're looking for a low cost start up business, a Cricut machine is a great investment. There is no limit to the things you can make and sell.
My specialty is making decals and shirts. Below list of equipment and tools that I use to help me craft my projects.
Supplies for Decal projects
Estimated Costs $50-$75
Supplies for Iron on projects
Estimated Costs $200-$250
As you can see, your start up cost can be $700 or less depending on the machine you need to purchase and what you choose to craft. So if you like to get creative and crafty, grab a Cricut machine and start cashing in on the endless possibilities. Cha-Ching!!