Entrepreneurship acts as a driving force towards economic and social development. Remarkably SMEs with competent owners are the sound mainstays for entrepreneurial initiatives and moves.
This paper, being the outcome of fieldwork research, explains the entrepreneurial concepts, challenges and educational goals and then contemplates on the business cycle life of SMEs.
The paper extensively covers definitions, questions, research areas sample study groups and also analyzes the data gathered from observations, interviews and questionnaires. In conclusion, certain suggestions are made to design and administer entrepreneurship education.