{"id":8493,"date":"2019-06-20T11:36:08","date_gmt":"2019-06-20T18:36:08","guid":{"rendered":"https:\/\/www.inmotionhosting.com\/blog\/?p=8493"},"modified":"2025-12-30T14:54:57","modified_gmt":"2025-12-30T19:54:57","slug":"factors-to-consider-when-creating-a-business-site-budget","status":"publish","type":"post","link":"https:\/\/www.inmotionhosting.com\/blog\/factors-to-consider-when-creating-a-business-site-budget\/","title":{"rendered":"Factors To Consider When Creating A Business Site Budget"},"content":{"rendered":"\n
\"Factors<\/figure>\n\n\n\n

When creating a business website, people often think that development and design are the only significant expenses \u2013 but there is so much more than that. Domain name, web hosting, website maintenance and more are all factors that need to be worked into your long-term budget.<\/p>\n\n\n\n

Below, we\u2019re going to go over the different costs that play into website development and what you can reasonably expect to pay. Just remember \u2013 costs can vary greatly depending on where you purchase your services and the type of plan you sign up for, so you should always do your own research!<\/p>\n\n\n\n

Here\u2019s what you need to know:<\/p>\n\n\n\n

Choosing a domain name<\/h2>\n\n\n\n

The first step in starting a website is to choose a domain name<\/a>. For maximum effectiveness, many businesses choose to use their own name (e.g. www.yourbusinessname.com), as it makes it easy for your audience to find you.<\/p>\n\n\n\n

To register a domain name, you will need to purchase that name from a domain registrar. There are several businesses that are registered to sell domain names and you can always use one of them \u2013 although, often your hosting provider will provide a domain name at no cost, eliminating this step.<\/p>\n\n\n\n

Typically, registering a domain name is a once-a-year cost. Meaning that when you initially register your domain name, you will pay a fee \u2013 and then you will have to renew your ownership of that name once per year. This typically ranges anywhere from $15 to $50 if you go with an independent registrar.<\/p>\n\n\n\n

It is worth noting that many domain registrars do offer a discount for signing up for more than one year at a time.<\/p>\n\n\n\n

Signing up for web hosting<\/h2>\n\n\n\n

If you think of a domain name as the \u2018address\u2019 of your website, then a web host is its actual physical location. It\u2019s like your website\u2019s home.<\/p>\n\n\n\n

A web hosting service provides the space where your website\u2019s files are stored and the connectivity necessary for visitors to access your site via the internet. Website hosting and domain names can be purchased from the same company or separately, depending on your preferences.<\/p>\n\n\n\n

Depending on the type of plan you sign up for (shared hosting vs. dedicated hosting vs. VPS), costs can range anywhere from roughly $15 a year to several thousand dollars. Choosing the service you require shouldn\u2019t be based on price alone, however. There are many different factors involved which can affect both the performance and security of your website.<\/p>\n\n\n\n

For a good, mid-range plan, you should look for a hosting service that provides:<\/p>\n\n\n\n