Broadly speaking, we can divide all hosting plans currently being offered on the market into following 3 big baskets: shared, VPS and VDS. Customers upgrade through these 3 levels with the shared option being the initial level.
Thus, a shared hosting plan fits best those businesses that are just starting their journey in the web and don’t have a qualified technician on board.
Benefits of shared hosting plans
First, it’s the cheapest option.
Second, if you pick a managed package, the host’s team will ensure that the underlying tech is duly maintained and updated, so that you can focus on growing your business. In addition, they’ll assure security which is a very important point with so many hacks around.
Third, providers usually deliver unlimited resources needed for your site to function correctly. This means that you won’t have to worry that you’ll run of the disk space, bandwidth or memory during the first several months, but, whenever the time comes, the provider will inform you that you need to upgrade from the shared plan to VPS.