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Domain Name Registrars
Domain name registrars allow you the ability to buy domain names. When you purchase the name through a registrar you will be offered a number of tools in order for you manage the domain name. This includes managing the contact and administrative information as well as some other features including DNS, A Records, Domain Forwarding, Domain Parking and more. Some sites allow you to park the domain names for a share of the revenue generated based on traffic visiting that domain as well as tools to help you resell the name.
The most popular domain name registrars are GoDaddy and Network Solutions. There are many other smaller registrars you can register your domains with however if you have a portfolio of 25 or more domains it is probably best to transfer all of your domains to a single registrar and manage them all in one place. This can save you a lot of time and save you from potentially losing domains that you want o develop in the future.