Recommended dedicated server settings for 10-12 players?

Hi,

I'm new to the game and was wondering what the recommended server settings would be (RAM, storage space) for 10-12 players. I tried searching and it seems like a lot of information from past posts still reference when Palworld had a lot more memory leaks. I also don't know how much storage space I'd need to do world backups as well.

Any advice would be greatly appreciated, thank you!