Hosting, or web hosting, is defined as a service that allows individuals or organizations to make their website available on the web. Web hosts are companies that lease out space on their servers providing Internet connectivity, which basically means the web hosting companies have the equipment you need to make your site live on the Internet. Web hosting is available in many different varieties, depending on whether you have a personal site that is 1 page or you have a huge website with thousands of pages.
Typical hosting services cost anywhere from a few dollars per month (when you're just starting out) to many hundreds, if not thousands of dollars per month, depending on the needs of your business. Your hosting needs will usually grow in correlation to the growth in your online traffic. Paying for hosting is just part of what it takes to run an online business.
When you're starting out in your business, most likely you will use a 'shared hosting' service, which means you share server space with other people. This keeps your costs down as the costs of the server equipment is shared with other patrons. As your business grows and your traffic grows, you probably will upgrade to dedicated servers meaning your website(s) will be the only occupants on that server. Of course, when this happens, your costs increase.
The main thing you need to understand is that having a hosting service for your business is 'non-negotiable'. The reason for this can be summed up in one word... control.
You see, there are many sites and programs out there that can make you free websites and will give you free hosting. For instance, WordPress.com is an example of this. This site allows you to create your own blog and they will host it for you. All you have to do is just add content and you're good to go!
Not so fast...
If WordPress.com ever decided they don't like your content or they don't like you for any reason, they have the power to shut down your account and there's nothing you can do about it. Ever had your Facebook account temporarily banned or shut down? How about your YouTube account? If you don't believe me, Google about the topic and see what you find.
Point is when you pay for your own hosting, you have the control. The only way your site comes down is if you forget to pay the bill or you do something illegal. If you are serious about building an online empire, you MUST have control in your business. You never want to take the chance that someone else can pull your plug at any time. That's why paying for web hosting is a 'non-negotiable' in your online business.
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