The disk space needed depends on the content such as media files and webpages. The space required therefore varies from one website to another. 23e2 will advise on the best package you need to host your website.
Two essential features that should be focused on but often overlooked. Godaddy includes SSL certificates and virus protection which scans your website daily for any malware.
With a domain name, you will also get a business email under the domain registered. Dodaddy allows email access through CPannel and common email clients
The type of hosting depends upon the size of your business, the content that will be added to your site, whether your website would be built with wordpress etc. Usually small and medium sized businesses can be hosted in the basic and medium size packages. However if your site needs to have rich graphics and video, VPS – Virtual Private Servers would be needed. 23e2 will however advice on the best package after studying your requirements.