The field of web hosting is very large in which there are several types of different web hosting services available. The type of web hosting guide service being used by a particular web site depends entirely upon the needs and requirements of the web site and the business website owner. In the case of an online business web sites, due caution should be exercised when selecting the type of webhosting service. Some of the different types of web hosting service available today are free web hosting service, shared web hosting service, reseller web hosting service, dedicated hosting service, managed hosting service, colocation web hosting service, grid hosting, virtual dedicated server and home server. Free web hosting service is offered by majority of the web hosting service providers and is usually supported by advertisements. With respect to the dedicated hosting service, the user gets his or her own web server and has full control over it. In the case of managed hosting service, the user gets to own his or her web server but is not granted full control over it and they are only allowed to manage their data with the help of FTP or other tools. Hence, we should select the web hosting service wisely.