Can someone explain the concept of dedicated and shared hosting a bit and what it means for my small business?

Dedicated hosting is when a client leases an entire server that is not shared with anyone. Shared servers can also work well but in only a few circumstances. Even for a small business, a shared server can pose problems for them as there are enough issues with them, like low bandwidth and disk space. For your small business, a shared server is not the way to go, and that's why you need to buy dedicated server hosting for the best results. A reputable service provider must be your choice for avoiding issues in the future.