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You need to do a bunch of things to make any significant horsepower and torque increase. One cheap way is to buy a damaged 350 block (like cracked) that has been modified and transfer the good parts to yours..... look for headers, ignition, cam, heads, rockers, lifters, ...mark them so they go back on the correct lobes, intake, carb, high stall converter if AT, and rear gears that match power output.

You might even get lucky with crank and pistons. Know your compression ratio.

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Q: What is the cheapest way to increase horse power on a Chevy 350CID?
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