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Podcast Episodes

Owning vs. renting your website & understanding the investment.

By May 27, 2021No Comments

Show Notes

Do you own your website or are you just renting it? Your website is one of the important digital assets for your business. It’s the hub for your business online, and if you’re just renting your online presence, you may be leaving yourself open for issues that are out of your control.

In this episode, we’ll break down the pros and cons of owning vs. renting your website and dive deeper into the costs of both.

What does it mean to own or rent your website?

When using platforms like SquareSpace and WIX, you are renting your website. Meaning your website is on their systems and their servers. In the event they make changes or go under, your website could be affected, and you’d have little to no control over that.

When using a solution like WordPress, you own the website. The code to the site resides on a hosting account you own, and you always have full control over the site.

What are the costs associated with both owning and renting?

Renting your website is generally less expensive, but there is some cost associated with it. While owning your site may have more cost upfront, the cost long term can be less. I always recommend owning your website.

Key Takeaways

  1. Renting your website can be a great way to get started but can have major drawbacks down the road as your business grows.
  2. When you own your website, you always have full control over the site.
  3. Every business needs to own and have access to its domain name.

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