Web hosting companies usually give you more than enough space to do what you need to. Unless you are trying to duplicate Youtube, you won't have any problems with the amount of space required. Several web hosting companies now even offer "unlimited" space on the server. Although this is theoretically impossible, web hosting companies are all looking to beat their competition and this is one of the ways that they do this.

Bandwidth is the amount of files that are uploaded and or downloaded from the webserver on a regular basis. If you have a video on your website that is 10MB and you upload it once and it gets downloaded 99 more times, you'll have 100 times at 10MB each or basically 1 GB worth of bandwidth (1000MB).

One of the things I look for with an affordable web hosting company is how their technical support is and where their technical support is located. I prefer a company whose employees speak the same language as I do without accents I have difficulty understanding. Technical competency is important as well, but with the relative simplicity of web servers and these accounts today, this isn't a very big deal either.

Most web hosting companies now have a control panel of some sort. This is the place you'll login to in order to manage your account. This will include your email addresses, software installations, ftp or file management, etc. There's a product called cPanel that is usually what gets installed in most web hosts.

Affordable web hosting companies should also provide you with a free domain name which will most likely use as the main account name. If you're like me and plan on hosting multiple domain names and projects on the same server, you should still take advantage of a free domain name because hey, free domain name.

Creating a fully functional website these days is pretty easy. One of the easiest ways to do this is through Wordpress which is included in just about all of the cPanel software installation options. There are a lot of other options including ecommerce, content management systems, bulletin board systems, and a few other types of websites. All of these are pretty easy to install.

Getting setup with affordable web hosting has never been easier. This is a project that you can undertake quickly and easily. One recommendation I have is to not overanalyze these web hosting companies too much. I'd visit some web hosting forums and see what real people recommend.