I have some very good technical friends who may be able to help, but I want to make sure I don't venture in something that is bound to fail.
You should really read this book. It should answer most of your questions
"Starting a tech business"
http://www.amazon.co.uk/Starting-Tech-Business-Practical-Applications-ebook/dp/B007L7M0Q2/ref=sr_1_1?ie=UTF8&qid=1393976299&sr=8-1&keywords=starting+a+tech+business