9. Develop a detailed budget. How much you spend on a website depends on what you want it to do. Websites can be built and hosted with a first-year cost of 5,000 or less if all the work is done...

Extracted text: 9. Develop a detailed budget. How much you spend on a website depends on what you want it to do. Websites can be built and hosted with a first-year cost of 5,000 or less if all the work is done in-house by yourself and others are willing to work without pay. A more reasonable budget for a web startup would be $25,000 to $50,000. Here the firm will develop all the content at no cost, and the web designer and programmer would be hired to implement the initial website. Websites should be hosted on a cloud server or hosting provider. The websites of large firms that offer high levels of interactivity and linkage to corporate systems can cost several hundred thousand to millions of dollars a year to create and operate. Telecommun 6% Software Hosting Service 6% 6% Hardware Design 13% 6% Content Creation Marketing 37% 28%