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Buisness Laws, Taxes, etc

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So... out of curiousity, does anyone here have any experience with starting a company in the US? Things I'd like to know are as follows: What is there to a business license? How do you go about paying your employees (certainly not personal checks)? Are captial investments tax deductable, and if so, how much (ie, percent)? Do have 'have' to get a business license, or can you just accept money? So you have a business license, and employess that you can pay due to the income you are generating... whats next? Any information along those lines would be very helpful. Thanks in advance.

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