Having a fast cheap web hosting is also important to have search optimization. A fast cheap web hosting is important for newly opened website, especially if you are doing SEO. Search engine optimization needs a fast and reliable server.
You may opt to purchasing a cheap hosting, basically a cheap hosting of web doesn't mean slower service, and it depends on how you optimize uses. Paid hosting service will do a lot on your web business, but there is a way to put the two together by selecting to fast cheap web hosting.
Free and fast cheap web hosting doesn't provide trouble shooting. I suggest you opt for paid hosting even those cheap webs hosting, because they can also provide software trouble shooting.