Problems and prospects of budding entrepreneurs in Tamilnadu

An entrepreneur plays a vital role for the development of countries economy. In recent days there are lots of young generations people are emerging as the entrepreneurs in the market. Due to some problems they quit the business. In this study the researcher analyzes the various types of budding entrepreneurs, problems faced by them and remedies to overcome their problems at the start of the business. Most of the educated and uneducated youth are start business for their ambition, unemployment and other family business. The research suggests to the budding entrepreneurs to start the business with the support of the government and they should know the subsidies and incentives given by the government to the budding entrepreneurs. If the budding entrepreneurs know the rules and procedures and various facilities provided by the government, they will definitely succeed in business.