Start off with doing some homework and collect the price along with the packages of the different companies, do not start with forming your own affordable budget but let the budget come to you and not vice versa. After you have accumulated price and package plans you will be in a much better position to form an opinion on the correct price range thus the budget and from then on, you can go ahead and make your own affordable budget.
When you start this process of accumulating data, do not just get the list of packages and prices but talk to your website developers and confirm with him, her or them just what are the technical specifications for the hosting and what is it that you should look for, how many emails, databases, capacity and so forth so when you do have the information, it is correct and will enable you to form an affordable budget accordingly.
It is a word of caution and advise that you should never base your decision on the price alone as there are many factors in web hosting which are to be considered before you make the final step. What you need is a company that is technically sound and able to help you as soon as possible if something does go wrong. When you finally make your decision do it on the pretext of price and the technical capability of the company and not just the one factor of price alone because if you do, it would most certainly be guaranteed that you would run into problems at a latter stage.
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