Jumping into starting your own business is a thrilling adventure but not one that you should do headfirst. There are certain questions you should ask yourself about your financial reality and current situation before opening your own business. Taking the time to reflect before you start a company will ensure that you are making the right decision for yourself at that time. Becoming an entrepreneur not only affects your business life but your personal life as well. The Forbes Coaches Council goes over 12 key questions you should ask yourself before founding your own company.