As a former website design and search engine optimisation/web marketing agency owner, my suggestion before you go running off to buy the cheapest option is to sit down and honestly decide what place the website is going to have in the marketing and generation of business. How much business do you think you might generate from the website? How... will you advertise in community directories, will you put your website address (known as URL, or domain name) on all your brochures (hint: please do!), will you use advertising on Google (think carefully and engage a professional web marketer), will you try to be No.1 in google for key word searches (think carefully and engage a professional search engine optimisation marketer)? What will your ongoing budget for the site be (yes, there will be ongoing costs, over and above the hosting)? Who is going to update the information? How much web knowledge do they have?
I have seen many, many businesses set up a website, and then leave it with old information for years - in my mind, a complete waste of money.
The initial design and set up shouldn't set you back more than $1000 for a simple 5-10 page "static" site .. but whoever updates it needs to know html coding enough not to break the site if information is changed. Hosting for these can be as simple as a $30 once off payment.
Likewise, for a Wordpress site (my personal preference for small businesses), a simple set up shouldn't set you back more than $1000, but you will have ongoing costs in terms of hosting, but even so, $5/month is more than enough.
Whoever is updating a wordpress site really only needs to have the basic skills of logging in to an online site, and using a system similar to google docs to change information. Much safer as far as breaking the coding goes ... you can't unless you deliberately mess with the code files.
But don't just do a site because you think you need one ... yes you do! but you need to know where it fits into your overall marketing strategy, or else it will be ad hoc and not present your business well, and probably not return anything on your investment at all.
Key terms to have a basic understanding of:
hosting
server
domain
seo (search engine optimisation)
sem (search engine marketing)
ppc (pay per click)
adwords (google's advertising service)
traffic
cost per view
site tracking
Key questions to consider:
Why do I want a site?
What is my budget (as a percentage of overall marketing)?
Do I have the skills internally, or do I need external help in;
buying a domain name,
setting up a server,
designing the graphics of the site,
making sure the html/other code helps search engines find me,
making sure I include the right information on the site
update it regularly (at least a 6 monthly review)
Am I really committed to maintaining a site as an exemplary portrayal of my business?
HTH
Cate