Hey Chris:
While most of the information so far on this thread is viable, I would also recommend that, as you move forward with your plan, you get a copy of the Federal Aviation Regulations, specifically part 119 and part 121. Read them until you know them forward and backward. It will save you time and $$$ almost guaranteed. Another document you might be interested in reading is the FAA Operations Inspector's Handbook, 8400.10.

All of these documents can be obtained "on line." Good luck.