Web hosting concept is not newer in these days, it become more refined over the years. There are a number of new improvements, even if the base idea has not changed. Some of the new changes include increased space and increased support for higher end protocols. New levels have also been introduced, including free web hosting options for certain individuals.
Free Web Hosting
If you are enter in the field, you might want to take advantage of free web hosting as it will provide you a way to present a website to your customers without having to recompense for it. There may be a few limitations with free web hosting, for instance some providers will only allow you to have a basic sub domain which takes away from the professionalism of your website overall. That being the case, it may be in your best interest to look for a free service that offers you a domain.
By the paid hosting option you will have several abilities that you did not possess on your free plan. For example you will generally find that you will have more powerful admin tools, along with the ability to use Flash and Shockwave in your websites. This might seem like a small matter, but it will be incredibly important if you are to impress your customers.
The VPS is shortening of course for Virtual Private Server. In other words you will basically have your own server, but it will be shared with a number of other customers. Generally you will have root access on your own VPS, though this will only be for your own section. If you want to experience true power, then the best web hosting option would naturally be dedicated hosting.
When you go with the dedicated hosting option, you will have quite a few more options. The entire server will be yours to utilize, and you will even be able to select unlimited bandwidth in most cases. Dedicated hosting will be the best option for companies that are well established, or those who simply have the money to start out big.
These are a few things to consider when you are looking for web hosting. It can get a bit confusing at times, and you may not know just what to go with, but so long as you have looked through the different options and features, you should be able to look into a program that meets both your needs and your budget. That said, if you're ready to start your own business, make sure you choose your web hosting options ahead of time, and know what you're getting yourself into.