Yahoo! (NASDAQ:YHOO) Small Business has introduced a service that gives small businesses unlimited room to grow online. The new Yahoo! Web Hosting service includes unlimited disk space, data transfer, and e-mail storage space, for just $11.95 per month.

Yahoo!'s unlimited hosting service features user-friendly Web site design tools for creating professional-looking Web sites with little technical expertise, a free domain name, 1,000 personalized e-mail accounts, customer support, and a 30-day satisfaction guarantee. In addition, the company automatically submits new customers’ Web sites to top search engines to help them generate leads and get noticed online.

"By going unlimited, Yahoo! is freeing its customers to focus on growing their businesses and driving traffic to their sites, rather than calculating the costs of megabytes," Guy Yalif, director of Web hosting products at Yahoo!, said in a statement.