What option is best for you?
From the options listed in tip number two, a dedicated and managed solution might be the best to give you all the latitude you need to run your business efficiently. However, if your concern is the money, you might want to look at less expensive options to start with until you have gained the traction in your business to afford the cost.
If your company rides on the internet, you have no other choice than living with hosting service, if you are in business. But as you progress in the journey, thinking of a hosting service where you have control over what you do is the best option for survival.