Either way, there are pros and cons to either scenario. This will save you a lot of time and money upfront. You also don't have to incur the additional expense of hiring a Webmaster to administer the site, although you might want to retain a consultant part-time to help with ongoing maintenance. If you don't own your own hardware or already have dedicated staff, the difference in costs for your first year can be dramatic. These amounts can vary significantly depending on your geographic location and the different packages available from your local ISPs.
Prices are competitive in larger urban areas.
Development and maintenance costs can rise dramatically as the size and complexity of your site increases. If your company already has a robust computer system and an in-house system administrator who has the time to administer the site, running your own server might be the better option. Quarterdeck makes a Windows web server product called WebServer. You can download a trial version . Visit Andy King's Webmaster Library for more reading on the art and science of running your own show.