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Want to start my Own Company – Options & Ideas are Welcome

Dear All,
I have a dream of starting my own company, which remained a dream till now. This happened due to few constraints such as lack of capital etc…
Now i have thought of starting a small company for Data Entry Projects (No Programming Involved in this), my main motto is to see couple of my friends employed as well as me getting some extra income other than my job.
I have few challenges in starting up this idea..
1. How much Capital is actually required to set up a 3-4 Machines and a small Office of Data Entry work?
2. How to procure Projects (THE MAIN and CONFUSING PART)
3. Does any one have any plans which they have prepared for any such business
4. Are anyone into this type of Business?

NOTE : ***** For any New Business i have a capital of 3-4 Lacs with a man power of Two

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