Hello,
At the starting stage, I think shared hosting service is the best option for your business, but when your business growing day by day then you should switch your shared hosting service to VPS hosting service.
VPS is also the shared type of hosting service, but in that, you get some amount of dedicated hosting resources. VPS hosting is the best option for eCommerce and high traffic website. With that, you also get higher secure than shared hosting services.
At the starting stage, I think shared hosting service is the best option for your business, but when your business growing day by day then you should switch your shared hosting service to VPS hosting service.
VPS is also the shared type of hosting service, but in that, you get some amount of dedicated hosting resources. VPS hosting is the best option for eCommerce and high traffic website. With that, you also get higher secure than shared hosting services.