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Default Formula to calculate business day

Which formula could I use to calculate the business day (or working day) of a
particular date. In my example, Jan 2 would be the first business day of the
month, Jan 5 would be the second business day of the month and so on. Could
it say weekend or something else for the non business days?
Example
Date Business day
1-Jan-09
2-Jan-09 1
3-Jan-09
4-Jan-09
5-Jan-09 2
6-Jan-09 3
7-Jan-09 4

 
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