To start you just need:

• A domain for your site. You can get it from Godaddy
• Hosting to store you new script. You can get from Hosting for Download Site
• Download Youtube Mp3 Script

If you choose another hosting provider look for:

• Ffmpeg installed on the server
• XML-RPC PHP extension installed on server ( details here )
• Installed on server “get-flash-videos” ( read about Get Flahs Videos )
• PHP Version 4.3.0 or above
• MySQL 3.23 or above
• Apache with mod_rewrite
• A minimum of 3 Gb of hdd space

Optional:

Website Templates
Various website skins that can be used to inspire or even implement entirely a new visual identity for your website. These need to be integrated by a developer into this script’s template system.

Seo and Marketing Tools
You can boost you traffic and position in search engines using this methods.