Website ownership is a long term activity. Once you pick a hosting service and get a website designed, you may think your job is done. But it is just starting. You will have to think about many things. The first is traffic to your website. Just because you have a website doesn’t mean it will get visited. Please read our SEO article regarding this topic.
The other is the maintenance of your website. Depending on what type of website you own, you will need a certain amount of maintenance. If yours is just a brochure type website that describes your business and provides people your contact information, it may not need much maintenance. All you need in that case is hosting and a periodic domain registration renewal.