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Check your host doesn’t have any limits to your visitors and file sizes you upload (bandwidth & disk space).
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Most new sites start on shared hosting which is pretty powerful these days. However, if you will have a very busy ecommerce site you may need your own dedicated server
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Read reviews
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Check their uptime guarantees
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Compare costs and what extra charges you may have to pay
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How will your domain and hosting provider help you, is there phone support, how long do they take to respond to emails (the usual form of communication)
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Check how many emails (mailboxes) do you get for your hosting
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Is there a control panel to save you asking for technical support everytime you need to make simple changes?
Domain basics