Interconnection between macroeconomic development and company’s management and entrepreneurship in general is especially important nowadays, as external factors have a great influence. The aim of the research is to analyse the key economic problems, special attention paying to business cycles and their importance for the development of business environment and entrepreneurship in real estate market. Problems of economics, social development and problems of business environment and management of the company are interconnected and are analyzed in the integrated approach. A detailed analysis of scientific literature and research articles as well as historical approach, induction, deduction and logical access methods have been used in the research. The results of the research show a high level of interconnection between business environment and entrepreneurship at the real estate market. Research defines key interrelation aspects and highlights importance of competitive business environment development. The future research directions have been identified as well.