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Basically it works much the same way a standard hosting account works. They alot you a certain amount of storage and bandwidth(Some limit your processor usage as well). The difference is that you will have the ability to create hosting accounts. There are a lot of different things and terms that you'll need to know, like for instance.....Overselling....The best place to learn about these things is on the hosting resellers sites. Go through their plans and try to figure out what it is that they are offering. I will PM you the reseller provider that I use if you are interested. They are a pretty well known company and so far I haven't had too much trouble with them. Plus they offer a little something extra called failover hosting, which is basically just 2 servers doing the work of one.
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