I think you may find a lot of information in a book by Wayne Goddard called $50 knife shop. It gives us some options that do not break the bank and lets you get into the process and turn out some knives. Make some, sell some and use the money or at least part of it to reinvest in your shop. I have a lot of equipment the allows me to work efficently but with discipline and work you can do really nice work with basics.