At this point you will know what the client wants so you can judge if the client will need a CMS, eCommerce, huge web-space, dedicated server or what ever. So the first job is to buy the domain and hosting. I use Dataflame because they have good prices, a good help service and the servers are in London so relatively quick. I've also been with them for a long time so I trust them which I cannot say for the 'bigger' companies I've worked with.
Buy the right hosting for the job, if you don't need a CMS don't get a database. If your on a tight budget don't get a dedicated server, you'll only run into problems later and it's usually easier to upgrade than to downgrade.
Before you buy the domain make sure your client wants that name, a quick call could save you lost of messing about trying to change a .com to a .co.uk
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Copyright David Slack - Web developer