From the course: Building a Small Business Website with Open Source WordPress

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Understanding cost of ownership

Understanding cost of ownership

- [Instructor] Even though WordPress is free software, there are still costs associated with running a website. Those costs include startup expenses as well as ongoing costs. One cost I never want you to underestimate is that of your time. As a small business owner, that's your most precious resource. Other than time, what other expenses can you expect? Well, the first will be that of your domain name. Unless you've chosen a highly sought after name, this is typically a minimal expense, but it's an expense nonetheless. Note that domain names are registered in terms of years. You may choose to re-up your registration each year, or pay for multiple years in advance, just so you don't have to worry about it. Next up is the cost of your web host. There are web hosts out there for every budget, but I caution you not to default to a budget host. If your site is business-critical, and by that, I mean that it's directly tied to…

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