to be fully legal, as mentioned you will want business insurance.. as far as your Bus, it will vary state to state on what kind of license you'll need to operate it..
if I use OHIO as an example, if you are using any vehivle with a GVWR of 26,000 lbs or more you will need to get a CDL, since the vehicle is used for commercial purposes you will need a DOT number, keep logbooks similar to a trucker, etc..
your mileage will vary in the state that you call home and register your bus in.. they are all different.. but in most , if you are performing business with the vehicle ie hauling goods for sale, you'll need a CDL of some sort, as it will be treated like a truck more or less..
-Christopher
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