sorry kinda new need some help

ok i'm in the process of starting a studio i'm going to have about $20,000 in funds and would just like a few ideas as to what exactly would be an ideal setup as far as equipment would be concerned..as a start i was looking at this http://www.pssl.com/bitemdetail.tpl~waGroup1datarq~recording%20paks~eqint_KeyIDdata~41743~UID~2006031314525501~newproduct~T~itemNumber~RECORDING-PAK-5%2001 i know i'm going to need mics and preamps and things like that but i was just wondering would it be worth it for multitracking and live recording sessions...again this is just a start to what i was looking at could anyone help me?