Choose your printer depending on what printed products that you wish to offer. No need for expensive ones if you're on a budget.
Printers, Ink & Toner - Best Buy
Important one, bond papers. Choose what gsm. It also depends on your product.
Bond Paper - Amazon.com
Ah, yes. This is important but you can opt to use a simple cutter. But if you're bulk creating and want to make it more convenient then a ream cutter would be for you.