Abstract
All of us experience problems of different nature and magnitude at different times. In our daily life problems come so often that we do not even notice their- occurrence. This is so because our desire to solve these problems and our experience of dealing with them has equipped us with spontaneous reactions, which usually result into solutions However, sometimes when we face an unusual or a difficult problem we get as stuck our routine reaction fails to produce a solution. In such cases, various approaches and ways have to be tried. An entrepreneur is likely to face a variety of problems in the course of implementation and management of his small-scale enterprise. If an appropriate system, approach and methodology is developed for solving problems, it will help him to manage his affairs smoothly and he would not remain under stress and tension when he encounter's problems.
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