The Cost of Small Business Domain Names
If you run a small business online then you most likely have a .com domain name that would have cost you anything up to $15.00.
It now seems that the annual cost of your domain name will rise soon by around 7 percent. Back in March ICANN - the body that governs the Internet - gave VeriSign - the company that controls the overall registration of .com domain names - the right to increase their charges for each domain name by 7 percent.
There has been some hue and cry about that and VeriSign has not yet passed that increase on but you can expect it soon. There have been some discussions and hearings in the US Senate about the increase but that’s unlikely to have much effect on the final outcome.
Obviously, if you own only one or two domain names the price increase is hardly likely to cause you any pain but spare a thought for those people who own thousands of domain names. A 7 percent increase is really going to bite for them.
