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The equipment list is short and the cheapest item on it decides whether anything works, which is the thermometer.

The thermometer is the whole craft

Sugar stages are temperature ranges, and a thermometer reading five degrees out produces a product that is reliably the wrong texture. Calibrating it in boiling water, and knowing what boiling water actually reads at your altitude, is the first thing to do and it costs nothing.

Heavy pans, because of scorching

Sugar at temperature against a thin base burns, and a burned note does not come out. A heavy-bottomed pan distributes heat and buys you the seconds you need at the end of a cook. This is the same argument the sauces property makes about kettles, for the same reason.

A cold, hard surface

Marble or steel, for cooling and working sugar and for tabling chocolate. It is a one-off purchase that lasts forever and it is genuinely difficult to work without.

For chocolate, temperature control

Tempering by hand is possible and a tempering machine or at minimum a reliable way to hold a precise temperature makes it repeatable. This is the point where the chocolate half of the craft becomes more capital intensive than the sugar half.

Ingredients are a real cost and chocolate is the expensive one

Couverture chocolate is priced per kilogram at a level that makes a failed batch expensive, and cocoa prices move. Sugar work by contrast is cheap in materials and expensive in time, which is a very different business shape.

Packaging is a bigger share here than you expect

Confectionery is bought as a gift, so the package is part of the product in a way it is not for a jar of sauce. Boxes, inserts, ribbon and labels can approach the cost of the contents, and that has to be in the price from the start.

References

21 CFR 163.123, Sweet chocolate: “Sweet chocolate contains not less than 15 percent by weight of chocolate liquor”, and semisweet or bittersweet chocolate “not less than 35 percent by weight of chocolate liquor.” law.cornell.edu
21 CFR 101, Food Labeling, which carries the general requirements that apply where there is no standard of identity: the statement of identity, net quantity, ingredient list, allergen declaration and the name and place of business of the responsible party. law.cornell.edu
Written from federal regulation and the published physical chemistry of sugar and cocoa butter, not from a laboratory. The chocolate standards of identity are specific and the sugar confectionery names are not, which is the main thing to carry away. Anything here is a starting point for a conversation with your state department of agriculture, not a determination that you comply.