Hello Developers, I have a WooCommerce site hosted with SiteGround, and it's costing us $140/month. The cloud hosting specs are 6 CPU cores, 12GB RAM, and a 50GB hard drive. Despite being a very small store with minimal traffic, the costs are high, and we're still experiencing poor performance with frequent crashes. When we reached out to SiteGround, they provided multiple reasons including the need for database optimization, setting up cron jobs, and issues with IP traffic sharing.

I'm not sure what the exact problem is. Can anyone help me urgently fix this issue? It's my company's site, and I could be in big trouble.