Shared Hosting is a most helpful tool for small businesses. I still use shared hosting for most of my sites; the good thing about shared-hosting is that you don’t need to concern about server administration.
Quality shared hosting is provided by several hosts. Among them there are deals of aspnix.com and webintellects.com companies which are widely demanded and recommended.
shared hosting has their own advantage and disadvantages, correct you don't have to worry for server administration, but you are limited to resources usages and some time you might get slow speed or not enough privileges in shared account
Shared web hosting is a good place to start if you need it for personal or business use. It is affordable and can fit almost any budget depending on your needs, so you can grow and improve as you need more saving you valuable money earned.