If you are still interested in starting a web hosting company you should talk to me.
I started a company for Webhosting/Design/Game Server Rental
We are starting out very good with high end dedicated servers heres the specs
Dual xeon 3.06 GHZ
2048 MB Ram
2000 MB Montly Transfer
100 mbit port
These servers can run from 280 too 369.00 a Month but we get our servers cheap.
If you are still interested im looking for a few more Webmasters as we have a demand for websites.
I know moderate flash and im great in html but i usually run all the game servers as i know linux/ssh etc.
If you are interested you can contact me by the following