Oh you are doing Online Business that means you are spending huge amount of money. I always listen these things from people and let me tell you that this is just a myth. Starting online Business is cheap and flexible. You can make your Online Presence for an year in that much money that you spend doing shopping for a day. Yes, this is True. So I am going to answer your very simple question and that is How Much Money is Required to Start an Online Business .
I strongly agree with you that if a person or a company is looking for a perfect website with many features, they would surely need to pay a good amount but if you are new to Online Business then in the starting you should not start spending huge amount. So lets start checking the amount of money required to setup our Business online for an Year.
1. Buying a domain :
Getting a domain you like is a tedious task but spending money to buy it is easy. You can get a domain from 10 to 15$ from Godaddy.com or Namecheap.com . 10 to 15 dollar is for an year.
2. Buy Web Hosting :
For hosting a website you need a Webhosting and this would cause below 100$ an year. You must be very selective while choosing a web-hosting because I have faced so much trouble with Bluehost web-hosting and I will never recommend you that. You should buy Hostgator webhosting as this is the World’s no. 1 hosting with extraordinary support.
3. Get Free or Paid themes :
If you have made your website in WordPress you will find so many free themes that are even better than paid ones. In the starting you can go with a free theme and make money. Once you are making good amount of money, you can get fully customized WordPress theme according to your requirements and that too cheap. We can say that getting a theme i your choice and we will not include that in our list. But to make you aware if you are looking forward to buy a good theme then it will not cost you more than a 100$ for life time.
4. Paid Plugins :
You should not go with the Paid plugins in the starting because everything is available for free, all you have to do is just look for free alternative Plugins. I have not spend more than 50$ on paid plugins because I always got a good alternative for paid ones.
So to conclude the total cost of starting your Online Presence is 15+ 100 = 115 $ per year (maximum) but if you are going to use a paid theme or a plugin then just add 100$ for a theme and 50$ for a paid plugin for lifetime. So total will 115+ 150= 265$ only.
With just 265$ a max you can start your Online Business and Make millions of dollars according to your Potential and experience in the market in the future. So spending few bucks for your online presence is not that bad when you have to spend 1000 times to set up your offline Business.
I you need any kind of support to start your Online Business you can contact me or simply comment below and I will make sure to help you.