What are the expenses involved in setting up and managing my business online?

Effective online business management necessitates a consistent financial commitment on a monthly and annual basis. However, understanding the total expenses beforehand is crucial. To address this, we’ve developed a calculator to assist you in generating an estimate that outlines all necessary requirements and associated costs, providing you with a clear idea of the investment involved.

1. You need a domain name - Select Extension you want to register or skip if you already have a domain name

The first thing you need is a domain name. This is your unique identifier, online also known as a uniform resource locator (URL). You can use your business, company or nickname as a domain name and it usually in this format: www.yourbusiness.com.
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₦0.00 Annually
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2. You need Corporate or Business Email - eg yourname@yourbusiness.com

Select the number of email addresses you or your business needs or skip if you want to use gmail, yahoomail, etc
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₦0.00 Annually
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3. Get a good website hosting plan

Choose a hosting plan that fits your storage size, speed, bandwidth and security needs. Select the type of hosting plan you need or skip if you already where you will host your website.
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₦0.00 Annually
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4. Branding Collateral Needed

You need to create a brand identity for you business. This will make it easy for current or prospective customers to easily identify you online. Choose the brand assets that you will need
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₦0.00 One-time Fee
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5. User Interface & Experience Design

A well designed website makes it easy for visitors to find the information they seek on one hand, and helps you convert these visitors to customers on the other hand. Using the right colours, fonts, layouts, user navigation / menus, images, videos and text, to create an amazing look and feel for your website. Select "Yes" if you want a visually appealing website or "No" if you already have your design.
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₦0.00 One-time Fee
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6. Content Development

“Content is King" is not just a fad statement, it is a reality online. You need to feed your visitors with content because that is why they are online. Below are a list of content types you will likely use to communicate your product or service offering. Select all that applies.
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₦0.00 One-time Fee
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7. Website Development: Technology Stack

This involves the actual building of the website, its features, functionalities are all programmed at this stage. Using a technology stack with a content management system (CMS) that is easy to maintain, will determine how easy it will be to manage future updates of the website.
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7.1 Choose Open-Source CMS

Open-Source Content Management System makes it easy for developers to create websites within a short time as it contains all the functionalities and features every website needs, and it is free to use and customize. Select your preferred CMS from the list below.
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₦0.00 One-time Fee
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8. Social Media Management:

You can use social media pages to manage your business online, but this involves creating an online community and managing regular communication with members of the community. Select social media networks you want to use to promote your business
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₦0.00 Monthly
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9. Email Marketing

Emails is still the most effective means of communication online. Everyone with a smartphone has an email address, even if they are not active on social media.
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₦0.00 Monthly
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Subtotal:₦0.00
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VAT (7.5%):₦0.00
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Total:₦0.00
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How many times can you afford to pay?

In how many payment instalments or month can you conveniently complete this payment?
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You will pay:

₦0.00 in each instalment
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You will pay:

₦0.00 in One instalment
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