Which business is most profitable in Nepal?
profitable business in Nepal
First, go to Nepal, travel around nearby cities, and find what products are in demand among local and foreign tourists.
Now find local transporter who carries all this stuff and ask them for the address which you want to sell in Nepal.
Now sell a product which is highly in demand and has big profits.
I suggest you start
Eyewear - spectacles have a high profit.
Furniture - most profitable products all over the world.
Suitcase & trolly bag
Small restaurant
Herbal products
Ticket booking - book tickets and hotels using Goibibo and Paytm to make money without investment.
What business can I open in Nepal?
Tourism: Nepal starting a business in the tourism industry, such as a travel agency, tour guide service, or hotel, can be a profitable venture.
Agriculture: so starting a business in this industry, such as farming, livestock rearing, or food processing, can be a viable option.
Technology: Nepal has a growing technology industry, and starting a business in this field, such as software development, app development, or IT services, can be a lucrative option.
Retail: Retail businesses such as grocery stores, clothing shops, and bookstores are in demand in Nepal, especially in urban areas.
Education: The education sector in Nepal is growing, and starting a business in this field, such as tutoring services or educational consultancy, can be a profitable venture.
Which business is best in 1 lakh?
One lakh is not a big investment but it is still a feasible amount to start the business with.
Many are suggesting e-commerce business. But there are challenges associated with it. If you don’t have technical knowledge regarding the development of a website and its functioning, then developers will charge you from 20 thousand above.
So e-commerce is suitable when you have knowledge regarding it. Further maintaining stock, channelizing demand (lead creation), and supply come with a cost. Which very few have mentioned. But the majority are suggesting e-commerce without proper backing behind it. Unless you have a unique product or service, going into e-commerce in the same line as Flipkart, Amazon, Zomato, Uber, Ola, OYO Rooms, Book My Show, etc where there is already fierce competition might be wrong.
So depending on which village or city you reside you can decide which business you want to be or you want to create there.
It is not necessary, that business already exists there but it should be feasible for you to run that business.
What are the 10 most profitable businesses?
Here are the top 10 profitable business sectors in Nepal
E-commerce
Pharmaceuticals
IT services
Healthcare
Renewable energy
Agriculture
Financial services
Real estate
FMCG (Fast Moving Consumer Goods)
Tourism.
This may vary based on multiple factors, such as market conditions, consumer behavior, and economic, and government policies etc.
business under 10 lakh in Nepal
Small-scale dairy business. Milk is very much cheaper in village areas and is in high demand in cities at higher cost. The problem with the villagers is the lack of transportation facilities. You can be a bridge between village and city with some transport vehicles at rent and by hiring some workers.
RO plant: The condition of the water is deteriorating day by day. So installing a RO plant in cities and supplying water to nearby households and offices could be a better option for earning money. It's only a one-time investment.
Packing material: since there is a focus to reduce the use of plastics in the future so demand for envelopes, and paper bag are going to increase. Hence proper planning and investment can help to capture this growing market.
50 small business ideas for Beginners in Nepal
- Food delivery service
- Online clothing store
- Organic vegetable farming
- Event planning and management
- Social media marketing agency
- Handicraft production and sales
- Mobile phone repair service
- Cleaning service
- Translation and interpretation services
- Online tutoring service
- Photography and videography services
- Web design and development
- Pet grooming service
- E-commerce store for Nepali products
- Personalized gift shop
- Coffee shop or tea house
- Online bookstore
- Beauty salon
- Fitness and wellness coaching
- Jewelry making and sales
- Travel agency
- Mobile app development
- Stationery and office supply store
- Car rental service
- Home renovation and maintenance services
- Freelance writing and editing
- Language learning center
- Interior design and decoration service
- Food truck business
- Outdoor adventure and tourism service
- Digital marketing agency
- Health food store
- Handmade soap and cosmetics production and sales
- Graphic design and branding services
- Online bakery
- Bed and breakfast accommodation
- Wedding planning and coordination
- Computer repair service
- Boutique store for women’s clothing and accessories
- Mobile recharge and bill payment service
- Music production and recording studio
- Vintage and antique store
- Tutoring service for Nepali language and culture
- Freelance accounting and bookkeeping
- Home-based daycare service
- Online grocery store
- Car washing and detailing service
- Real estate agency
- Painting and art classes
- Food catering service
the best business in Nepal with low investment
Depends on how good your current salary is, concerning your lifestyle and financial needs. Often, we are unable to quit a job due to loans, bills, and fees that require a stable income to be brought in every month. Entrepreneurship is a rocky road, especially at the start, so first think about whether you are ready with some savings to get on that risky path and strive to achieve your goals.
There is no such thing as “best business”, but anything that doesn’t incur heavy overhead costs - like physical stores and office spaces do - would be a low investment right now. Starting a business that runs online, gains new sales leads online, and can be services that are B2B or B2C that rely on the digital realm to carry tasks ahead, are low investment, compared to a physical space that you may invest in, along with manpower just to look after it, such as a restaurant or a large showroom. In short, selling goods and services online is low cost, while selling physical experiences and property investment is expensive.
Technology, entertainment, and essentials like water/energy/Internet are all profitable sectors. But new business territories and innovative startups are easier to kick off and gain market control quicker, due to the nascent stage of the industry itself.
manufacturing business ideas in Nepal
Am listing below the general concerns faced by Areca leaf plate manufacturers (it's my view and it may differ from case to case).
Raw material shortage/demand in the rainy season
As the demand goes high in the rainy season raw material costs will also be high at that time.
Too many competitors in local
Labor
No stable local market as in some months Marriage functions will not take place.
Even if there is no regular order, you need to take care of fixed expenses like rent, salary, etc…
You should stock the raw material before the rainy season which may affect the cash flow for a limited period.
Must store the raw material in a dry place. If it gets wet then the fungus will spoil the game.
list of businesses in Nepal
Am listing below the general concerns faced by Areca leaf plate manufacturers (it's my view and it may differ from case to case).
Raw material shortage/demand in the rainy season
As the demand goes high in the rainy season raw material costs will also be high at that time.
Too many competitors in local
Labor
No stable local market as in some months Marriage functions will not take place.
Even if there is no regular order, you need to take care of fixed expenses like rent, salary, etc…
You should stock the raw material before the rainy season which may affect the cash flow for a limited time period.
Must store the raw material in a dry place. If it gets wet then the fungus will spoil the game.