Author(s) :

Karthik.

Volume/Issue :

Abstract :

Entrepreneurship plays an important role in economic development by creating employment opportunities and encouraging innovation. However, individuals who start a business for the first time often face several difficulties in the early stages of their business journey. The main objective of this study is to identify the common challenges experienced by first-time entrepreneurs and understand the factors that affect their ability to start and manage a business. The study is based on primary data collected through a structured questionnaire. The responses were gathered from individuals who are interested in starting a business. The findings indicate that financial problems, lack of experience, and strong market competition are some of the major challenges faced by first-time entrepreneurs. The study highlights the importance of proper guidance, training, and financial support to help new entrepreneurs overcome these difficulties.

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