There a few things that are more exciting than opening your very own company. Not only are there potential financial benefits for you and your family, but you have the potential to create something that will help change your local community for the better. Of course, it also must be noted that starting a new business is a major challenge. Sadly, many business ventures simply do not work out. You need to be prepared for the risks. Fortunately, you can go a long way towards reducing the risks involved with business formation by working with an experienced San Jose business law attorney. Your attorney can help guide you through some of the common traps. To get you started, the following is a list of four things that every prospective business owner must keep in mind.