In a small country like Nepal, small businesses could be beneficial for the localities to earn a good amount of passive income which can also be turned into their main income.
Nepal’s economy is mostly dependent on the agriculture industry as it employs about 60% of the workforce. Other than this, Nepal is known for its history, culture, and tourism. If worked upon, Nepal’s tourism industry could acquire immense success.
There are many opportunities available in different sectors in Nepal. This article consists of 50 ideas for small businesses that could profit a lot of people and the country itself.
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Homestay Tourism
You could start homestay tourism if you come from a beautiful village and have a property with a nice view. Simply refurbish your home and add a few tourist-friendly amenities, and you’re ready to go. It will be extremely beneficial if you can get your village neighbors to do the same.
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Apps to simplify agricultural transportation
Agriculture is an important source of economy for the people of Nepal. An app that works as a mediator between local grocery shops, food restaurants, and organic agricultural farms and helps in taking orders from the stores and restaurants and connecting them directly to the farm people and later executing the transportation of farm items at once to all the shops and restaurants can be considered as a doable idea to run a small business.
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Online travel websites that are specific to Nepal
Travel is one of the popular industries in Nepal. A website that suggests good travel destinations, plans itinerary, customize your travel plans, book tickets, and hostels and hotels can be a good idea for starting a small business in Nepal.
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Poultry farming
In Nepal, poultry farming is increasing. Poultry, as an industry, is expected to generate around 3.5 per cent of GDP, with approximately 65 billion rupees already invested, in Nepal. As a result of this growth, Nepal has risen to become self-sufficient in these poultry goods. As an ambitious poultry farmer, this implies that the majority of the support systems you’ll need are already in place.
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Online Shopping
Be it a developing country or a developed country, online shopping will never lose its scope. Especially during the pandemic, people prefer to shop everything online, so an e-commerce website would be a good business to start. It would be even better if the online shopping business is a bit niched. For example, online shopping websites for buying items that are popular in Nepal only.
For Example: I also own an online store which delivers vegetable and fruits inside Kathmandu. And I am generating good amount of profit from that store too. Check Out the Store once, If you are interested or planning to start ecommerce store in Nepal.
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Start-ups for innovative farming techniques
Farming is a booming industry in Nepal. If you are looking for starting a business, bringing in modern technology that works better and are easier to use than the traditional farming methods could be a lucrative idea.
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Movers and Packers
Moving is difficult and chaotic, and many individuals prefer to work out the entire packing process with the help movers and packers agent. Starting a business of movers and packers can help a lot of customers easily move to different parts of the country with their luggage and packages in safe hands. If done efficiently, you will end up getting more customers and your business will be a success
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Beekeeping
Rent some land on the outskirts of Nepal or outside the valley, set up a few hives, and go! Beekeeping has also received support from several donor-funded business programs in Nepal.
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Fast food centers and Tea/coffee shops
We all know how much Nepalese enjoy tea and coffee. Their days begin with a cup of tea or coffee. So, for a minimal investment, tea and coffee are some of the best and most successful companies. Make sure you choose the correct location for your shop before you launch it. Because the appropriate location is such an important aspect of any type of business. I recommend starting it in front of government organizations, school, colleges etc.
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Meat shop and fresh house
Meat consumption has increased as Nepalese income has increased. The Kathmandu Valley alone is believed to devour 20 million rupees worth of meat per day. And it’s growing at a breakneck pace. I am confident that your business will expand consistently if you can maintain good hygiene and quality in your shop.
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Bakery shops
People love cakes, bread and pastries. If you love baking cakes and muffins and want to turn your hobby into a skill that pays off, then opening a cute and cozy bakery is not a bad option.
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Travel guides for tourists
Do you adore local history of Nepal’s small towns and cities? Become a tour guide if you haven’t already. The job of a tour guide will require you to do a lot of studies to do and gain expertise in it, but that’s half the pleasure. You can provide tours that focus on a particular aspect of your city’s history, and that will set you apart from the others and make the small business of a tour guide successful.
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Crop Farming
Nepal is a landlocked country sandwiched between two of the world’s most populous countries, India and China, and home to the world’s highest peak, Mount Everest. The southern Himalayan range of Nepal is a gigantic plain of alluvial soil, which is known to be one of the most productive soils, having been covered with snow in the northern Himalayan range. This soil sets the path for the country’s excellent crop farming. Farmers could self-sufficiency and trade crops such as rice, wheat, millet, barley, coffee, and others.
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Dairy Farming
Dairy farming is a type of agriculture that involves the production of milk for the sale of dairy products, either on a farm or at a dairy plant. Nepal has 7.2 million cattle and 5.4 million buffalos, according to government statistics.
Dairy farming has become a lucrative business option for persons who are active in agriculture because of the large number of dairy cows and buffalos in the country.
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Fish farming
Protein items, such as cheese, eggs, and fish, account for a bigger portion of the average family’s food budget and are essential components of a healthy and well-balanced diet. Hence, fish farming is a good option to start a small business in Nepal.
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Handicrafts (offline and online)
Making handcrafted novelties is a fun and unusual way to start a small business. There’s undoubtedly a market for whatever you manufacture, whether it’s jewelry, knitted comfort goods, or even personalized wigs. Use creative social media marketing to reach out to your audience, and use keywords that describe your products to optimize your website for search engines.
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Cafes
Are looking forward to owning a café filled with coffee aroma amidst mountains in cold weather and just sitting and observing people sipping their coffee that you made with a huge smile on their face? If that is the case, then a café business is the best option for you.
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Mobile Vans for selling food items
With a mobile van that serves food, you can test out your ideas. It’s a terrific method to learn about your state’s food and restaurant licensing laws, see what people enjoy and don’t like, and establish a loyal following before opening or investing in a physical site.
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Cloud kitchen
In the time of the pandemic, the concept of cloud kitchen is turning into a lucrative business and if you want to serve people with your delicious hand-cooked food, opening a cloud kitchen can earn you a good amount of money and blessings.
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Rooftop farming
If you are a city dweller with a home in Kathmandu, on the other hand, you may start a rooftop garden of organic veggies and fruits. People are pursuing organic and healthier vegetables and fruits as concerns about pesticide use in commercially grown vegetables and fruits grow. Why not start rooftop farming and perhaps assist your neighbors in doing so as well?
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Neighborhood composting and biogas
The notion of backyard composting is well-known in Nepalese cities, and many people practiced it until they became accustomed to city waste collection. Currently, the concept is proving difficult to sell because few individuals see a need to return to it. Composting, on the other hand, could be a viable commercial venture if done on a small scale. Then, as a preliminary phase, it can be mixed with anaerobic bio-digestion to produce biogas cooking fuel.
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Basketry
Basketry is the art of creating baskets out of vegetable fibers, twigs, grasses, osiers, bamboo, and rushes, or synthetic materials such as plastic or other synthetic materials. It is a beautiful craft of weaving interlaced structures and mainly containers. Basketry is widely practiced in Nepal, particularly in rural. There are probably some new ideas, materials, and techniques that could be used to improve it even more and make it a more “competitive” technique for city use.
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Biogas electricity plants for villages
A reasonable alternative for permanent electricity supply for communities is a mix of biogas, biogas-based electricity generators, biogas storage facilities, and photovoltaics. In addition, when biogas is in short supply, syngas from biomass gasification will be used.
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Delivery service
Lunch boxes aren’t the only thing you can deliver, by the way. Businesses that supply a variety of commodities or assist people and offices in relocating are also on the rise. You can start delivering goods from your own vehicle, and turn it into a company later.
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Consignment Shop
Consider shopping consignment if you have a sense of style but don’t want to invest in a brand-new boutique’s inventory. It will enable you to design a wardrobe that reflects your aims and aesthetic without incurring the costs of running a boutique that sells fully new garments.
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Graphic Designer
If you are tech-savvy and love to design, creating a graphic design website to showcase your skills and turning it into a freelance job will help you earn money out of it and like this, you can start a small business of yours with the skill of graphic designing. Also, many people in Nepal are not well aware of graphic designing and might end up needing your help and also get inspired by your work. So, graphic designing is a useful and lucrative small business you can look into.
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Event Planner
If you love to host parties and arrange all the party stuff within hours and creatively put together all of it to turn your venue into an exhilarating party place, then event planning could be a really good option for you to start as a small business in Nepal.
You can learn and gain expertise in a single type of event, such as weddings or business meetings, or you can set yourself up as a jack of all trades event planner.
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Travel Planner
The job of travel agents might be at risk in the time of digitization, but individuals with a craze for traditional travel arrangements are still in demand. Consider selling your services as a more modern approach to travel planning if you always organize the perfect vacations with beautiful hotels, the perfect location, and a bevvy of wonderful restaurants set up for every evening.
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Blogger, Vlogger and Youtuber
If there’s a topic you’re passionate about, chances are there’s a large audience interested in it as well. A blog, vlog, or YouTube channel can be utilized to create an online community with monetizable involvement.
Read More: 15 ways to make money online in Nepal
Apart from these, there are a lot more small business ideas that you can execute to earn revenue out of your skills, in Nepal –
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Plywood making
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Training centers for hiking and trekking
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Digital Marketing Agencies
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Online training classes for trending digital courses like coding, digital marketing, blogging, marketing, business development, entrepreneurship, etc.
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Online apps that connect the app users with at-home services for plumbers, painters, electricians, barbers, beauticians, etc.
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Food and grocery delivery apps
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Online and offline real estate business
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Schools that provide quality education
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Goat and sheep farming
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Homestays and hostel service providers for tourists
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IT companies
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Export/Import services
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Mo-Mo stalls
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Automobile services
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Institutions for national level entrance exams
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Translator
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Bamboo furniture
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Second-hand bookshop
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AV company and photography services
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Selling organic food produce
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Electronic Repair Shop
Conclusion
As discussed above, the list of ideas to start a small business in developing countries like Nepal is never-ending. All you need is dedication, planning and skills to build the idea into a successful business.
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