You've come up with a name for your business, and you've laid out a business plan. Many people just starting out spend too much money on their office equipment. A good home office is not only cost-effective, but it's also space-saving.
The first piece of unique office equipment you will need, no matter what home business you may be established, is a desk. Yard sales or second-hand stores can offer you a great product for a low price.
It may not be the best on the market, but you can invest in the high-end office furniture when you hit it big and have the money to waste. Starting out you need inexpensive and functional.
The next piece of essential office equipment is a printer. There are some nice, compact models on the market today that do a multitude of work at a small price. These all-in-one systems will print (usually with both black ink and color ink), they will fax, they will scan, and they will copy. The biggest downfall of these is that they can be slow.
If the business will be paper-heavy, and you will be making lots of copies or doing a large amount of printing, then you may need to invest in a stand-alone printer. Instead of leasing a new one (and throwing money away in the process), you can usually find some discounted ones at a used office equipment store.