What is the typical upfront cost of starting an online business?
I have a few concepts and ideas in mind that I want to get going in 2023. I am just not sure how much this whole venture will cost. I don't mean the products or anything, I have that all mapped out but what I need an idea of in terms of pricing is everything else. How much does a domain, web hosting, web designed or themes, add-ons, and the like cost for someone starting off fresh with nothing?
If you do it all yourself, it can be under $100 but if you are hiring people or businesses to set things up for you along with paid hosting and everything else, you are looking at spending thousands. It depends on your approach.
If you use a platform like WordPress which is free and opt for a free theme, then you just have to pay for hosting and the domain. Hosting will be $10 to $25 a month depending on who you go with and the domain depends on what you are buying. It can be as little as $0.99 or several thousand. I think the average is something like $15 for the year.