Why should you own your own domain name?

I have come across this problem way to often when taking on new customers:
They don’t own their domain name

This is the scenario. I take on a new customer and they want a new website designed. A few years ago they paid someone for their first website. I check the domain and see that it is not registered in the business or owner’s name. They previous web design guy or web hosting company has registered the domain in their name.  (more…)