
There are numerous upfront expenditures to consider when beginning your own business. The majority of them are basic—office space, incorporation fees, and insurance are relatively straightforward, and even paper clips have clear price tags.
Even though a new website is one of the most critical tools a small business can have, determining the cost can be difficult. Because each project is unique, design firms and developers rarely advertise standard pricing for a website. If you conduct your research online, you'll see articles estimating the cost as high as tens of thousands of dollars in web development and design expenses, not to mention the additional costs of domains, hosting, SEO consultancy, logos and branding, marketing, and more.
In this article, let's talk about how much it costs to build a website for a small business.
How much does it cost to create a small business website?
WordPress is a free DIY platform with various add-ons to suit your needs. Website builder services such as Wix or Squarespace have monthly fees ranging from $12 to $50. Professional website designers charge between $2,000 to $8,000 for a small business's website but can price up to $40,000 for more complex sites.
How much does it cost to develop a Website?
Website development, particularly for new websites, may be a lengthy process that is best left to the specialists if you want a high-quality user experience that appropriately reflects your company. Because you or your team has other obligations to attend to, a DIY website will take longer to set up and maintain than entrusting it to an agency or web developer who will be entirely focused on your project.
Let's break down a few of the most frequent expenses related to launching a small company website to better understand your budget and expected charges.
1. Web Hosting and Domains
Purchasing a domain name should be the first item on your website's to-do list. The website address consumers will use to find your online store or website is your domain name. Domain names are reasonably priced, ranging from $5 to $15, but they must be renewed annually. Before making a final decision, shop around because many companies may offer new customer discounts that will reduce your upfront expenditures.
If you use a CMS like Squarespace or Wix, the cost of website hosting may be included in the overall site cost. If you want to use a self-hosted WordPress website, you can go with Hostgator, GoDaddy, WP Engine, or Bluehost. The cost of hosting varies by web provider, but you can anticipate paying between $20 and $30 per month for your plan.
2. Systems for Content Management (CMS)
A CMS, often known as a website builder, is the platform that serves as the website's architectural structure. While you can create a website from scratch using HTML, using a website builder greatly reduces its time to launch and maintain your website.
The backend is already mainly developed (albeit a WordPress site will require a little more hands-on work), and upgrades are considerably easier to do in the long run. You and your staff won't need to know HTML, which can save money on upkeep, and most come with comprehensive step-by-step tutorials to make utilizing them easier.
3. Costs of Web Design and Development
Most of your website costs will most likely be spent on web development and creating a bespoke design. Even if you have some web design skills or utilize a theme that comes with your CMS, employing a website designer to guarantee that your online and offline branding is consistent is always an excellent use of your marketing budget. Outsourced website design will cost most small businesses $1,000 and $10,000. This is the cost of creating a website for a small business.
Why Do You Need a Website for Your Small Business?
1. In any situation, you may make a sale.
Let's get to the bottom of the elephant in the room. During the COVID-19 pandemic, local businesses worldwide fought to stay open, and the environment for in-person commerce has changed considerably as a result.
Small business owners that have weathered the storm the best have resorted to internet channels to enhance their bottom line and grow their audiences outside their town or city, taking advantage of the limitless possibilities that their website offers. E-commerce has exploded in a society where customers are hesitant to leave their homes.
2. You've got room to flaunt your wares and services.
Aside from global pandemics, a business website is a terrific way to exhibit all of your products or services in a way that a physical store would not be able to. After all, you only have so much real estate to work within the offline world. When you use a bespoke website, that isn't the case.
A website will also allow you to meet potential clients at any moment during their buying process. If they're not quite ready to purchase, your informative website material will enable them to wander around as if they were in your store. They may get all the information they need and look at any linked posts about other items or services that might pique their interest.
3. You get the chance to be discovered by new customers.
Customers usually know what they want to purchase, but it's highly probable that they've never heard of your company and won't know how to hunt for it by name. That's where SEO, or search engine optimization, a digital marketing strategy, may help.
If you don't consider yourself tech-savvy, SEO can be intimidating, and it's a more long-term plan than buying digital ads or posting on social media. However, hiring freelancers or digital marketing consultants to help you get started can be well worth your time and money.
Conclusion
A web presence is a necessary component of running a successful business in today's online environment. One of the most crucial ways to stay relevant and ahead of your competition is to have a unique website that allows your customers to work with you swiftly and effortlessly.