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When you have VPS, do you usually have access to your own virtual space? Is that even necessary for most small businesses?
Yes, you have access to your virtual space.
Benefits VPS over shared hosting
Your file system is not accessible or viewable by any other customer, your files are ensured full privacy and security.
With administrative or root access, you can modify server configuration files, install applications or modify system software.
You are fully isolated from other users and actions on the server. No other customer can slow down or affect your service.
Your resources may be guaranteed based on your plan, nothing else on the server will affect the performance of your VPS.