If you wanted to host your own server at your business or in your home, you would have to pay for the hardware and software up front. This equipment isn't cheap and could set you back thousands of dollars before you even consider the utility cost of running the equipment 24/7. What's more, you'd need to pay for the maintenance and repairs of the equipment. This takes time and money, and by choosing a dedicated hosting provider, you can avoid these costs for the most part.
There are many types of hosting plans, and you may be wondering how dedicated servers differ from the rest. In a nutshell, dedicated hosting means you are renting an entire physical server for your website. This server can be completely configured to meet your specifications. You’ll also have more memory dedicated to your site, which results in better loading times.
The technical specifications of Bluehost’s Standard plan are quite good considering the low price point (as well as excellent uptime and speed). You get 500GB of disk space, and a bandwidth cap that is so large (5TB) you are unlikely to ever notice it. 4GB of RAM is a little on the low side but for a small to medium size website, it should be good.