How Much Does it Cost to Start and Run an Online Business?
If you always wanted to start and run an online business but did not know what the first steps are and how much it does cost to launch and maintain websites then keep reading.
Before we go ahead, please note that all prices mentioned below are current at the time of writing and are subject to change
A domain name which is the name of your website will cost you around $ 12. I have bought domains at Namecheap and Dynadot and I was very satisfied with their services.
There are hosting providers who will host your websites for free but you do not want to go for that option because they will plaster ads on your site and chase away your visitors. Some of these providers promise that they will not display ads but you do not have any control over these things. So its better to invest in a decent hosting account. HostGator has a monthly billing feature so that you do not have to pay the hosting fee for the entire year. At this time of writing the monthly fee ranges between $ 8 – $ 12. Bluehost is another good place to buy hosting. I have used both of these providers.
If you are planning to launch a content site where you promote affiliate products then this is entirely optional. However if you want to upload ebooks, mp3 files or videos then FTP program is required. FTP is short for File Transfer Protocol that is used to upload the files from your computer to your website. If you are using Firefox browser then there is a free FTP plugin that will help you upload the files. If you still want to invest in this choose cuteFTP the home version costs $ 49.95 and the pro version is $ 59.95.
Here again we have two options you can either write the content yourself or you can hire ghostwriters from elance, Scriptlance and other freelancing sites to have it done for you. Lets say you want 10 articles on your site. It will cost you around $ 60- $ 100 depending on the quality.
Many mom and pop start-ups on the internet are choosing WordPress over traditional web design programs for their content sites. WordPress is an open-source program so there is no cost involved here. It is also search engine friendly and posting new content on WordPress is a cinch. There are many free plugins available which can be used to customize the look and feel of your website.
There you have it. These are the costs involved in starting an online business. Today, information is power the more you participate in forums and interact with other entrepreneurs the more informed you will be. This will save you a lot of money in running your business but do not waste too much time in 'research'. The best way to get started is to get started.