Forums » Discussions » How Much Does It Cost to Start a DME Company?

sammuel93
Avatar

Starting a Durable Medical Equipment (DME) company can be a highly rewarding venture, but it’s important to understand the initial costs involved. The total cost will vary depending on factors such as the type of equipment you plan to sell, location, licensing, and operational expenses. On average, you might expect to spend anywhere from $50,000 to $250,000 to get started, including initial inventory, permits, insurance, and office space.

It's also crucial to consider ongoing expenses, such as employee salaries, marketing, and shipping. A good starting point for learning about these costs is this detailed guide from Niko Health on how to start a DME business. It covers everything from market research to legal requirements and tips for ensuring long-term success in the industry. You can check out their full guide here: how much does it cost to start a dme company