Website Definition: Website is a collection of Web Pages which are in Digital Form.  Websites displays content about a specific or relative topic. Web Page contents are in text, images, audio & video formats.  Public Websites are accessed through World Wide Web. Websites are viewed typically in Desktops, Laptops, Tablets and Smart Mobile Phones.

Domain Definition: Domain name (domain) or website name is the name you see in address bar of browser. Ex: www.Google.com Here .com is the Top Level domain. Google is second level domain. www is the third level domain. Domain name is unique across the globe. Domain is used to identify specific resource (like website) in Internet.

Website Host Definition:  Host is server space provided to organizations in order to host Websites and Web Applications. Websites reside in Web Servers hosted in a Server.

Website is required for any Organization / Company / Institutions to detail their Service or Product Offerings. With a Website they can showcase their capability and promote their Business. In today’s world, Clients lookup Websites to understand about a Company before they place an Order. It is mandatory to have a Website for every Business.

Website Development / Creating a Website Definition: Typically an organization develops a Website for a client based on their requirement. The process of developing is called Website Development / Creating a Website.

Advantages of a Website:

In today’s ongoing Global trend, people search the web about the company before entering your organization / shop / business. The advantages of having a website are,

1. Increase Visibility by having Digital Presence (Website) of your Business. Traditionally, Business visibility increases with customer base, time, word of mouth and advertisement. Website increases your visibility in Internet.
2. List all your Services / Products available in the website, not just fast moving or popular services/products. This expands your scope to increase sales in non fast moving products too. By showing the features of your Services / Products, it is pre-sold before Customer steps into your shop.
3. Business Value of the Website would increase over the coming years and it is imperative to have a Professional looking Business Website.
4. Improves Creditability and Brand value. As more and more Customers are moving online, it becomes important to have a Website which improves your Business Credibility, Brand Value increase over time on the Internet.
5. Generates more Leads by showing Complete Services / Products in a professional manner.
6. Saves time by giving appropriate information on the website (Service/product details, Working Hours and Location Details using Google Maps…).

Website can be treated as an Intangible Capital Asset in India, USA, Canada and Europe. Please check with your Chartered Accountant / Accountant / Finance Team before deciding on the classification of the Website.

There is a Recurring AMC (Annual Maintenance Cost) involved in a Website.

Depreciation is applicable in a software Website. Please check with your Chartered Accountant / Accountant / Finance Team before deciding on the classification of the Website.

Website is treated as Capital Asset (not expense) and Depreciation is applicable in a software Website. Please check with your Chartered Accountant / Accountant / Finance Team before deciding on the classification of the Website.

If your website is used for advertisement, maintenance cost can deduct as Advertising Expense. Please check with your Chartered Accountant / Accountant / Finance Team before deciding on the classification of the Website.

Yes, Website is a good investment from Visibility perspective, increases customer base over time, your business would be future ready and Your Investment in Website would benefit as Revenue.

E-Commerce Website is required for any Organization / Company / Institutions to detail their Service or Product Offerings. With a Website they can showcase their capability and promote their Business. In today’s world, Clients lookup Websites to understand about a Company before they place an Order. It is mandatory to have a Website for every Business. The Future Global trend would be maximum revenue would be generated from online shopping for an organization.