I've searched for a while, but I can't find anything related on Google or here.

Me and some friends were debating starting a company, so I figure it might be good to do a quick pilot project to see how well we can work together. We have a designer who can do HTML, CSS and Flash, enjoys doing art, but doesn't like to do HTML and CSS... And 2 programmers that are willing to do anything.

My question is, from an experienced site builder's perspective, what steps do we do - in chronological order - to properly handle a website? Does the designer design the look and feel of the site, then the programmers fill in the gaps with functionality? Or do the programmers create a "mock-up" of the site with most of the functionality, then the designer spices it up? Or is it more of a back-and-forth process?

I just want to know how a professional normally handles it.