A virtual private server is a hosting solution that tends to have more flexibility. You will have more resources compared to a shared plan which will help to have an optimized website. What is more important here, though, is that you will have root access to the server. This will allow you to install and manage any application that you want, since it will be like having a personal computer, without the inconvenience of thinking where to put it in your room. You will be able to monitor your site and make sure that it is available 24/7. If you do not have experience with server management, you might want to consider taking a control panel or search for a host which provides full managed servers. Of course, the latter option will require a lot more funds to be invested.
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