[DubaiSis]

If you're serious about this and you think you really do have enough guys on board, I'd start with a lawyer. I'm glad to hear you know you'll need insurance. I can make some guesses as to what else you'll need, but having a lawyer is probably the safest way to go. If you can't get enough guys to pony up the cash to pay for one, you don't have the guys you need to start a club. In my opinion anyway.

However, if you're not happy with the existing fraternities on campus and you really do have that many guys interested AND your campus is dominated by IFC fraternities, I'd probably look at the option of expansion or joining part of another national. If the campus won't allow it, that should give you an idea of how much trouble your going to have gaining recognition as a local.