How To Plan Budget For Your WordPress Website?

WordPress is one of the easiest platforms to build a website. It doesn’t matter if you’re a solopreneur, a small business, or a large enterprise, WordPress can accommodate all your needs.

However, there are a few things that you should keep in mind while planning the budget for your WordPress website. Determining the cost of building a WordPress website will help you a lot in keeping your funds under control while ensuring that you have your dream website up and running.

4 Steps To Plan Budget For WordPress Website

While planning the budget for your WordPress website, do consider these 4 major costs. 

1. Plan for the theme or template

The first thing that’ll be in your head when you’ll sit to design your website is the theme. You’ll want to make sure what your website will look like.

A lot of it will depend on the type of website you’re building. Is it for blogging, eCommerce, or selling digital services?

Choosing a theme won’t affect your budget at all if you’re going for free themes. WordPress offers a lot of unique free templates for all niches. However, if you choose any paid theme, you must plan the budget beforehand.

Thus, the theme may cost you from $0 to $10,000. Now, add the extra cost if you’re planning to hire a WordPress developer to make any additional changes to your theme or build a WordPress website from scratch.

2. Set aside a budget for plugins

Plugins are used to add extra functionalities and features to your existing theme. Many of the WordPress plugins like WooCommerce and All In One SEO are completely free. But, if you go for premium plugins, then it may cost you some additional charges.

Similar to hiring a WordPress developer, you may also hire a plugin developer to create a WordPress plugin that you need but does not exist. However, you must know the best practices to hire a WordPress plugin developer.

If you hire anyone randomly, it may result in ending up with a plugin you’re not happy with, and even worse, ruining your budget for building a website.

3. Domain and hosting

You need a domain and a hosting site to make your website live on the search engines. If you don’t get a domain and hosting, there’s no point in building a website.

You can either get the domain and hosting from WordPress itself or get it from any popular third-party platforms like GoDaddy or Namecheap.

If you go for just the country-specific domains like “.us” or “.uk”, then it may cost you a little less as compared to universal domains like “.com” or “.org”. Most platforms offer domain and hosting at a very low price for the first year, but it may cost a bit more as you renew them every year.

It may cost you between $100 to $500 per year or more, depending on the platform you choose. The factors like Black Friday, Cyber Monday, discounts, or other holidays may also affect the price.

4. Add the cost of SSL

SSL or Secure Sockets layer is the necessary certificate you need for your website. It indicates to the user that the site they’re using is completely safe and secure to use.

It also saves your website and user from data breaching and digital theft. Whether or not your site has an SSL certificate also determines how Google will rank your website.

Websites with SSL certificates often find it difficult to attract traffic and rank better on Google. So, if you’re thinking about how much it costs to build a WordPress website, then you must include the cost of SSL in it.

SSL is not an expensive commodity to acquire. Many domain-selling platforms often include SSL in the price of the domain. So do check your plan before buying the domain or the hosting.

Final planning

Building a WordPress website is easy but there are a plethora of things that you can do with your WordPress website. From buying premium themes, and advanced plugins to hiring a WordPress or WordPress plugin developer.

While you determine the overall cost to develop a WordPress website, do determine other expenses that come along when running an online business, such as electricity bills, internet expenses, stationery, a few additional software to manage work, and more.

Considering these expenses and keeping an additional reserve for the budget will keep you ahead of your financial planning. I hope that knowing these 4 major expenses will help you in planning the budget for your WordPress website easily.