ATS 002: Create a Website with a Managed Budget
Initial Investment: Php 10, 500
Purchased Domain Name: Php 500 (Billed Annually)
Purchased Hosting Server: Php 10,000 (Billed Every 3 years)
Annual Maintenance Fee: Php 500
Annual: Php 500 (One-time payment for 1 year)
Monthly: Php 0 (No Monthly Payment)
Expenses in 3 years: Php 11,500
Hosting Server: Php 10,000
Domain Name: Php 1,500
Overall Monthly Estimated Expenses: Php 320
- No monthly expenses
- Minimal annual renewal
- One-time investment within 3 years
Downs:
- You need a higher initial budget to start
- After 3 years, pricing usually goes up to regular or much higher pricing
- If you decided to stop, you will not be able to get a refund unless the service offered a 30 money-back guarantee
Initial Investment: Php 1, 500
Purchased Domain Name: Php 500 (Billed Annually)
Purchased Hosting Server: Php 1,000 (Start Free and Add Fund for 2 Months)
Annual Maintenance Fee: Php 6,500
Annual: Php 500 (One-time payment for 1 year)
Monthly: Php 500 (Monthly Payment)
Expenses in 3 years: Php 19,500
Hosting Server: Php 18,000
Domain Name: Php 1,500
Overall Monthly Estimated Expenses: Php 540
- Low initial investment
- Minimal annual and monthly renewal fees
- Only pay for what you consume
- If you decided to stop, you will no longer have to pay anything
Downs:
- If you compute the overall expenses it is much higher than the one-time investment
- One-time investment for 3 years is still a savvy way when it comes to overall expenses
ASENSO TIP 101:
But still, it would be enough to have a good jump start with a branded website and go with Way #2. With Cloudways and with my coupon code ‘SBB20‘, you can build your own branded website with minimal initial investment.
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QUOTE FOR TODAY
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You'll Learn:
- Two-ways on how you can create your own website
- Ups & Downs of each ways
- Initial Investment vs Overall Monthly Estimated Expenses
Resources:
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Cloudways
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