Web hosting or shared hosting does have a relatively cheaper price than VPS, but if you want to look for it there are also VPS which has a price that is relatively the same with web hosting even cheaper than web hosting. If you want the application to be installed as you like or according to your business needs, of course, best vps hosting is the right choice regardless how much money you should spend to hire it.
If in your web hosting has been pegged using a limited application, then in the VPS you can install and use the application as you pleased. You can make ssh tunneling, create proxies, create your own mail server, create torrent leech and others. This is, of course, my first and foremost consideration.
With VPS you can specify what applications you want to install for your use and which applications you want to remove. You have full power in determining this, just like when you use your own computer.
One thing that usually makes beginners like me fear when using VPS for the first time is for fear of not being able to use it, afraid of not being able to install this and that. Well, you do not need to be upset and worried, there are so many tutorials how to use VPS, how to install this application and the application. You just have to read and follow it. If an error occurs do not panic quickly, just make the error as your learning materials for the future.
It would be better just use the usual VPS operating system you use or more popular and widely used by others. So, if there is something undesirable to override your VPS, you will be easier to overcome. Do the little research before choosing the right VPS hosting service provider that you can trust.