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Firstly looking at your requirements and cost you are willing to pay,secondaly if time isnt a problem you can put lot of measures in security and upgradation which can help to run a service effectively and efficeintly.Moreover the hosting service should not be so comples for a layan to undertsnad and operate.
The first question is that what's you need and what type of application and site you want to host.
Depending on what are you want to publish on your site,
1. Determine What kind of privacy or security you may need, that leads to private or shared hosting.
2. is your site will be dynamic and interactive, so you will need to be on cloud computing for better response, BUT !!! there is a cost for that.
3. How much is your knowlage with Web Server Management? if good then you can have unmanaged server and it will be close to cloud computing in response and privacy.
