If you buy a server with the idea to start your individual hosting company and to resell plans to various people, you may as well want to sell domain names, so that you can give your clients the option to obtain everything they need for their new site from just a single place. To become a licensed registrar involves thousands of dollars along with a considerable amount of documentation, so the easiest solution would be to sign up for a domain name reseller account with an existing registrar company. Your reseller website will be connected to that account by using the registrar's API. Employing this kind of account has many different pros - your customers will be able to get and to control new website names comfortably; the price for a new registration will be lower compared to what you would have to pay as an end customer; what's more you are able to start reselling immediately. The registrar businesses which offer domain reseller accounts usually want an amount of money as a deposit.