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If you will use the high alchemy spell, you need a minimum magic level of 55. You/they need to decide which of the pieces under you, can make the fastest things. If you high mining and smithing has, you can make steel platemail or if you have fletching high that you can do to yew or magic bows if you have similar levels of everyone, you make one, that you like, well which then: )

Magic Longbow = 1,536 gold pieces

Platemail stole = 1,200 gold pieces

Magic Shortbow = 960 gold pieces

Yew Longbow = 768 gold pieces

Yew Shortbow = 480 gold pieces

Smithing:

Buy each scrap for coal for 100 gold pieces everyone

Go in for mining half of the quantity of iron as you have coal,

Smell all the ores in steel bars, then smith it in steel platemail

Purchase, or your RuneCrafting uses to get a large quantity from nature runes,

Then use high alchemy of the platemail, in order to earn money, and if you want to it, repetition, in order to win levels at smithing

Fletching:

Select stronghold any flax in the gnome, you turn them turning wheel in order to do bowstrings on one then

Do the best bow, that you can and then then put string on the bow.

Use high alchemy for brand money on the bows, and you then buy more bowstrings with the money, that you earned.