It's also possible to select different PHP "execution modes" for each site at Virtualmin > Server Configuration > Website Options - I recommend FPM because it's significantly faster and uses less memory. I've found that the default settings sometimes result in excessive memory usage, which can be avoided by adding the following settings to Virtualmin > Services > PHP-FPM Configuration, which limit the lifetime of processes if a site has a memory leak:
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Shared hosting usually works for small to medium web sites. A shared host may be less costly, but it does not allow total control over the hosting environment. A shared host does not permit the use of different operating systems or the installation of custom software. It may be true many web site owners are not interested in the administration of a server and prefer leaving it to their host. However, it is ideal if a web site owner desires more control and needs new software that is not available in a shared web hosting environment. When looking for VPS hosting, one should look at the resources needed, the upgrade process, the application requirements and the number of accounts needed on each server to determine the appropriate amount of resources for a VPS. The cost should be reasonable for what is offered.