Paying for a domain name

Before you incorporate with your ideal company name, make sure you can get the same or similar Internet domain name for your website and email address. There is nothing more frustrating than finding and incorporating your company with a great name, only to find that the domain name you need to match is already taken or parked and is for sale to you for more money than you want to pay.

The right place to start is to target today's average of approximately $8-$10 per year for a .com domain name from GoDaddy or one of the hundreds of other domain name registrars. Certain extensions such as .tv and .vs range between $20 to $40 for a year's registration, but you can find sales on certain extensions for as little as fifty cents per year.

But amazingly, most of the good names have already been bought by speculators (domain name investors), who are just looking for someone like you to really need the name, and be willing to pay extra for it.

Who owns all of these names, and...