We didn't own our own website.
A small company hires a contractor. He builds the website, sets up the email, handles the day-to-day. After a few months the relationship sours and they part ways. Everything seems fine.
Two months later the website goes down. Email stops. They try to log into the domain registrar and the account isn't where they thought it was. The domain had been quietly moved to a private registration at an overseas registrar.
The old contractor says he doesn't know anything about it. But maybe he can look into it. For $250,000.
The company's only recourse was ICANN and the courts. It took months. No website and no company email the whole time.
Your domain is the front door to everything. If you don't control it, someone else does.
Exit plan, step 1: Who owns your domain?