>(server costs $35/mo from saidhost.com)

What are the specs of the server ?
Did you simply pick said because of the impossibly low price ?
What are your contract terms with them ?
What method does the client use to pay you ?

>1 Reseller Bronze customer - $10/mo
>1 Elite Plan customer - $4.95/mo
>1 Custom Reseller customer - $5/mo
>1 Reseller Elite customer - $55/mo

How many IP addresses in use ?
What are the payment methods for these clients ?
Did they all sign up through your WHMCS ?
What fraud prevention steps did you take ?
What advertising / promotions have you done on your 3 week old host that would entice a large reseller onboard ?

>Also a few free clients are included

How many, and what plan-specs do they have ?
What do they offer in return for the hosting ?

>Total income - $79.95

Doesnt add up - have you missed a client out or double counted something ?

>www.elitehostuk.net

Is the domain included ? Is the website/design included ?
Are all domains used as nameservers included ?
Did you do the client domain registrations ? If so how many and at what price

>www.elitehostuk.net

Is down at the moment - not a good sign.