On the whole, some of the top ten benefits of owning a website are:

Exclusive Recognition: Without a website, most businesses have to use emails and web addresses provided by the ISP or host. For instance, a web address would be http://www.urISP.com/name/ and email would be name@ISP.com. But, people who has a website can have a web address that can be their very own space on the Internet.

Adds Credibility: Having a web site makes any business or individual look more professional. This can be responsible for making a better first impression and intenet marketing.

Self-marketing: As your company grows, you naturally think it unnecessary to represent others, and the ranking achieved over time is not important. However if you have your own website, all that the Webmaster is required to do is change the content on the site, remove the affiliate link and add a new one. That way you carry on maintaining a presence on the internet world.

Multiple Product Promotion: When you own your website and use a cheap web hosting services such as Hostgator webhosting, you have a better opportunity to endorse numerous products from a single website. In this way, while using sites like Ryze, MySpace, DirectMatches etc for marketing, without adding affiliate links you can guide people to your site.

Illustrate Platform: Company can have world clients, so having a web site can allow you to showcase all the thing you have done to potential customers. The clients can be located anywhere in the world and yet be able to see your work anytime. What you need to do is direct them to your internet web site.

Better Communication: For a business that has others reporting to you, using your own website you can communicate with your employees, suppliers etc and this way you can have 24/7 communication or work delegation. Anyone who has seen the updates once updates without having to wait for a specific instructions. 

Global Audience: We all know how huge the Internet is, with the right content and good search engine optimizing you can earn a higher website rank and get an increased number of customers from the world over.

Location: Owning your own website, puts your business on the global map, this way your business is omnipresent and mobile, since it has worldwide access.