For about $400 buy a harbor freight machinist lathe and then you can do the tips and ferrules.
They are now 499 + tax on special.
Lathes are great machines and you can make lots of things on them.
There is 3 ways of doing the job, the most time/cost effective is to have a lathe.
2nd is some sort of tipping tool,
3rd is by hand.
Least capitol outlay is 3,
tipping are great if you only do a few tips and don't get into replacing ferrules etc.
The lathe lets you do tips/ferrules and clean shafts as well as after the job you have something to be able to make things on.
A lot depends on the value of your time.
As a company, your time is worth a minimum amount to make it work etc etc
Clearly your choice.
Neil