If you are looking to set up a website then the first thing that you need to do is book yourself a domain name. In order to do so you will have to contact a domain registrar that has the authority to do domain names. Although you will be able to find many registrars on the Internet not all of them have been accredited by the regulating authority which is ICANN. Therefore it is important that you scan the market to look for ICANN accredited registrars only. This is irrespective of whether you are looking to set up a domain reselling business or an independent website for personal or business uses.

There are a number of benefits of working with ICANN accredited registrars. First and foremost is the fact that you will be able to trust the organization as it has been authorized to operate in this industry by government agencies. This is the only sure shot way in which you can safeguard yourself against online scams that seek to take advantage of the naïve customer. Another major benefit is the fact that an accredited agency will be able to offer you better rates. This is especially true if you are looking to buy domain names in bulk quantity and resell them in the market. You will be able to get wholesale rates along with which the agency may also help you to promote your business.