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whatever its free or paid one its all upto your decision.My personal opinion is that you can start the business again with paid hosting services as you have already submitted in the directories as paid hosting company.Its not easy to remove or edit details of your link from the directories .
Before making it into paid, You can give a free trial version to your clients for a couple of months.I think this will be a better idea other than making it as free web hosting service.
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