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Hosting your website for the lowest cost can be a false economy in the long term and if not considered carefully, can have disasterous results. What you need to be aware of here is, quality is usually remembered long after the cost has been forgotten.
As a minimum, you should be looking for Hosting that provides;
- A guarantee of accessibility
- A regular "Back Up" of your site
- Reasonable usage rates
- Email facilities
- Site Statistics