If you are happy swapping belts to change speed, either swapping to a single phase motor or using a Static converter are cheaper options than a VFD + motor swap or rotary converter.
The 3 phase motor on my Boxford shaper was 415V only & the star point is buried deep – as I had a single phase motor with the same frame size to hand, I swapped out the motor. A bit "grumblier" in operation than a 3 phase motor, but it shifts metal just fine.
A Clarke PC20 static converter was purchased to run a small Ingar surface grinder with a single voltage 3 phase motor. This motor has a bespoke mounting flange, so easier to use the converter that change the motor in this case. If you sign up for MM's newsletters, they used to send out "Vat free" offers occasionally for Clarke products, which is how mine came about. It also runs a 3 phase RF30 mill drill – dual voltage motor on that one & a 240v output inverter is planned for it longer term.
At the time I bought the static converter, 240V in to 415V out inverters were not readily available. They do seem to be now, though the affordable Chinese (XSY ? ) units have both their fans and detractors.
Nigel B.