Web hosting business

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I want to start an online business that is profitable and easy to maintain. I am a high school student so I do not have a lot of time to spend online. However, I have determined that, with the right planning and execution, I could start a web hosting business using a reseller account. I have done much research on the topic but have yet to find an available domain name and a reliable yet affordable (preferably free, but as they say, you get what you pay for) reseller account. So I am wondering which free and paid reseller accounts you recommend and why. Any additional info about the site would be very helpful also. I would also like any suggestions for names or advice or tools on how to choose an effective domain and business name. Thanks in advance!