For basic wood arrows: Shafts, points, feathers, a fletching jig, glue (or flethcing tape), ferr-l-tite or hot melt glue for gluing on points, a heat source such as an alcohol burner, a dip tube and sealer, a taper tool, a saw to cut shafts to length (doesn't have to be an expensive cut off saw) and nocks. Extras to consider but not necessary would be a cresting tool and paints, a shorter dip tube for crown dipping, possibly some stain for shafts, a feather burner or chopper. A spine tester and grain scale are also nice. The 3 Rivers archery arrow making video is also helpful and covers the needed equipment well. Make sure that your sealer, glue and paints are compatible.