Nepal is a small country located in South Asia and has become a popular tourist destination worldwide. There are many things to do and see, and it’s not uncommon for people to want to open their own business here. If you’re thinking of doing that yourself, this is your guide to the best Nepali businesses!
Nepal offers diverse opportunities for anyone looking to invest in an exciting new venture. The country’s unique culture, spectacular natural beauty, rich history, and burgeoning economy make it an ideal location for tourists or entrepreneurs alike.
What is the best small business in Nepal?
There are a lot of small businesses in Nepal that have been doing well for years. In Nepal, the most profitable businesses are ones that involve agriculture or accommodation for visitors. Nepal imports most of its food products; that’s why agricultural businesses or service-oriented businesses like hotels will do well. If you’re looking for a business opportunity in Nepal, it’s best to research the industries doing well there.
Well, there is more to it than some of the famous traditional Nepali businesses like tourism and agriculture. So here is a list of 40 small business ideas for Nepal that you can explore further.
Business Ideas for Nepal
#1: Agricultural Business
In Nepal, subsistence agriculture accounts for around 36% of the total GDP, so it’s no surprise that this industry is one of the most profitable. In addition, agriculture-based businesses like farming and animal husbandry require very little start-up capital, offer great returns within a short period, and are relatively easy to manage.
The risks associated with agricultural work are also relatively low. The unpredictable weather and lack of government subsidies can be major hurdles, though, so be prepared to take on that challenge.
#2: Asian Cuisine Restaurants
So many people love Asian food. If you consider yourself a good cook and have access to the right ingredients, starting up an Asian cuisine restaurant could be a lucrative business venture for you. Consider tapping into local tastes as well.
The Nepali palate is rather broad, and spices from India, Thailand, Korea, and other neighboring countries are common in Nepali cooking.
#3: Adventure Tourism
Well-planned and organized adventure tourism can bring in a lot of money. The country’s beautiful landscape, cool Himalayan air, and diverse wildlife make it ideal for outdoor activities such as trekking, hiking, biking, kayaking, bird watching, etc.
It can sometimes be tough to set up an adventure tourism business, though. You’ll need financing, you’ll need to know how to manage your staff correctly, and of course, you’ll need to keep visitors happy.
#4: Guest Houses and Hotels
Accommodation is needed for people visiting or moving to Nepal. It can be pretty profitable if you know the right way to set up a guest house, hotel, or any other type of housing service.
People looking for accommodation these days are often on the hunt for unique and personalized experiences as well. So naturally, that will play in your favor if you decide to set up a guest house or hotel.
#5: Art and Craft Shops
Who doesn’t love unique, high-quality handmade products? Nepal has long been known as the center of art and craftwork in South Asia.
You can tap into that to start up your business. First, however, you’ll have to ensure that the quality of your items is top-notch if you want them to sell well.
#6: Bakery and Cake Shops
People’s sweet tooth knows no bounds! So a bakery or cake shop will not only be a good business opportunity for you, but it’ll also help people satisfy their cravings too.
You’ll have to come up with unique and exciting flavors, though. Nepalis are very adventurous when it comes to food, so make sure you’ve got your bases covered if you want to start up a bakery or cake shop.
#7: Book Stores, Libraries, and Newsstands
Even in the age of e-books and laptops, nothing quite beats an old-fashioned book.
If you’re passionate about books, consider starting up a bookstore or library. Of course, you’ll have to compete with online retailers, but if you find your niche, you can definitely do well. A newsstand is also another good thing to start up.
#8: Computer and Electronics Stores
Nepal has a growing market for computers and electronics. If you have a good knowledge of the latest computers and gadgets, this could be an excellent business to get into. You’ll have to keep up with your competitors, though.
#9: Construction Materials Supplies
A construction materials supply business is a very capital-intensive venture, but the returns can be good. You’ll have to invest in warehouses and inventory as well as in contractors and their equipment, but it can be worth it if you know what you’re doing.
Many houses and buildings get built every year, and there is always a need for construction materials.
#10: Consulting Firms
Consulting firms are suitable for people with experience in the business world who want to start their own venture. Your consulting firm can specialize in different fields such as finance, law, engineering, etc.
You’ll need to have contacts and experience, though; otherwise, your clients will be minimal. However, if you do manage to strike out on your own successfully, you’ll be able to become your own boss and enjoy a stable income.
#11: Cultural Performance Venues
A cultural performance venue is a good business idea for Nepal because Kathmandu attracts thousands of visitors worldwide interested in experiencing Nepal’s rich cultural heritage. So a place where tourists can see dance, theater, and musical performances will definitely be a hit.
#12: Dry Cleaning Services
If you’ve got the time, skills, and resources to start up a dry cleaning service, then definitely do it! It’s an easy business, but you’ll have to ensure that your equipment is top-notch. For best results, make sure your machines are also running on the latest technology.
It’s best if you can afford a central location for your business as well. That way, people who don’t have a lot of time or those who simply don’t want to clean their clothes themselves can come to you.
#13: Eco-Tourism
Eco-tourism is travel to natural areas that conserves the environment and improve the well-being of the local people.
In Nepal, eco-tourism is a growing business opportunity. With beautiful mountains and exciting wildlife to see, it’s no wonder that many people want to come here.
#14: Education Services
Education is often under-prioritized in Nepal. Having an education service business will allow you to help people get the best education possible.
For best results, try to specialize in one topic; otherwise, you’ll have to compete with online courses and similar services available on the web.
#15: Gym and Fitness Centers
Opening a gym for your business is Nepal’s best small business idea for those passionate about fitness. If you do, then consider starting up a gym yourself. You’ll need to have a decent amount of capital, though, and also a lot of knowledge about personal fitness.
Nepal has a growing market for health and wellness services.
#16: Fast Food Restaurants
Who doesn’t love a good meal from time to time? So starting a fast food restaurant could be a good business if you’ve got the right equipment and know what you’re doing because people will always need a quick bite to eat.
Nepal has a growing market for fast foods as well as health-conscious food options.
#17: Flower Shops and Florists
If you’re passionate about flowers and making people happy, then starting a flower shop could be the perfect business for you! There are so many different kinds of flowers, and there is always something new to learn.
People’s tastes change every day, and the demand for unique and exciting flowers also rises.
#18: Freight Forwarding Businesses
Freight forwarding businesses are one of the excellent business ideas in Nepal because of the country’s strategic location. In addition, Nepal’s central location on the Asian continent makes it a popular shipping destination for businesses worldwide.
If you have the capital to invest in a suitable shipping business, then definitely go for it. It’s one of the best small business ideas Nepal has today.
#19: General Stores and Hardware Stores
General stores are one of Nepal’s top small business ideas for entrepreneurs who want an easy but stable business. No matter where you are, people will always need products that are day-to-day essentials.
Running a general store is relatively easy, so it’s perfect for beginners. It doesn’t require you to know many things, and you can quickly train your employees or even hire a few part-timers to help you.
#20: Gift Shops, Souvenir Stores, and Stationery Stores
When people go to new places, they always take home a souvenir, and gift shops are where most of them get them.
Nepal is a popular tourist destination, and there’s no shortage of new visitors every year. Some also come back to Nepal or even choose it as their new home! If you want to start a new business, then consider getting into the gift shop industry.
#21: Home Health Care Services
People are living longer lives than ever before, and they also want to continue pursuing new adventures. This means that the market for home health care services is growing more than ever!
It’s one of the best small businesses Nepal has today because it offers people convenience while still getting them access to care.
#22: Internet Cafes
With new technologies continuously being created, new business opportunities are also popping up everywhere.
One of these new small business ideas is the Internet café! With more people going online to do research and shop, Internet cafes can help them by providing the equipment they need and helping them build their customer base.
#23: Import-Export Businesses
Import-Export businesses are when you buy something from one place in the world and then sell it somewhere else. For example, you can import new things or even fresh food, and export them to other countries.
Nepal’s central location between China and India has turned it into a new hub for global trade.
If you have the right capital to invest in this small business, then definitely go ahead! Just make sure to know what regulations are needed before starting up your business.
#24: Janitorial Services
Janitorial services might not be the most popular new business ideas in Nepal, but they’re still a lot of help to us. When you have a busy life and no time to clean your own house, it’s really nice to know that there are options out there who can do it for you!
It might not be the hippest new small business idea, but it’s a reliable small business idea with significant growth opportunities.
#25: Jewelry Stores
Jewelry is definitely one of the most popular small business ideas Nepal has today. It’s no secret that people want to look good, and owning your own jewelry store can help them play dress-up whenever they need to!
It requires an initial investment, but it can also bring you in a lot of money if you do it right.
#26: Blogging Services
With the Internet being so widespread these days, small business ideas are starting to pop up everywhere. One of these small business ideas is blogging services! Blogging has become a big part of people’s lives, and having this small business idea allows you to feed off that energy.
It requires you to have some knowledge about blogging, but it’s not something impossible if you’re willing to learn.
#27: Marketing Agencies
Marketing is essential for any business, even small ones. Unfortunately, many companies can’t hire their own marketing team, but many services like these are available in Nepal.
Marketing agencies take on everything the client needs to help grow their businesses. For example, they can provide things like email and social media management, branding, design work, and even help with crisis management.
The great thing about marketing agencies is that it’s usually something big companies need and small businesses. So it’s an excellent opportunity for those who want to grow their business.
#28: Martial Arts Schools
Martial arts has become a popular hobby for people all over the world. Some do it to stay active and healthy, while others do it because they want to learn how to defend themselves. Nepal has recently seen a trend of citizens taking up martial arts, giving new opportunities for small business owners!
Starting a martial arts school is a great way to help people stay active and feel protected too. Just make sure you have the proper training before going into this type of business idea.
#29: Pet Stores
Who doesn’t love pets? Pets can be beneficial and loving too, but they’re also a lot of responsibility. Because of this, some people might not have pets in their houses, so pet stores are an excellent way to get what they need!
It does require a little more capital than other small businesses and more care and training for the animals.
That being said, there is a large market out there for pet lovers, and starting up your own business can help you reach them. Just be careful about where you buy your pets from!
#30: Printing and Publishing Services
This small business idea isn’t just fun if you’re good at writing, proofreading, and editing, but it can also be very profitable!
Printing and publishing services are becoming more popular for journalists, students, authors, businesses of all sizes. But, unfortunately, printing costs have become so high that many people can’t print copies of their work, so this small business idea is a great alternative.
It can be challenging to start up, as you’ll need a lot of experience and knowledge, but it’s worth it if you do.
#31: Real Estate Agencies
The real estate industry has been around for a long time, making it an excellent small business. You can sell or buy property, either way, so you’ll always have people looking for your help. It also requires no initial investment, which is another good reason to consider this small business idea!
Real estate agencies are popular among Nepalis because of their real estate prices. However, it can be hard to buy property in Nepal, so the demand is high for these services. Be careful, though; it can get very competitive!
#32: Recycling Centers
Every city has recycling centers for people to get rid of their trash. However, there are still many ways to improve this, so don’t hesitate to open up your own center if you have an idea!
The one major thing you’ll need is equipment and machines so that this small business idea might cost you. It’s not too expensive, though, and the benefits are priceless. Just make sure to follow proper health precautions!
#33: Resorts and Parks
If you’re looking for a small business idea that has to do with nature, resorts and parks are the way to go. Nepal is filled with so many natural wonders, and it’s nice for people to enjoy them!
Not only can resorts help people relax and have fun, but they can also show off Nepal’s natural beauty. Just be sure to have the proper licenses and permits to start up this kind of business idea, as well as a valid location.
#34: Website Development
The internet is an integral part of society now, and businesses need to have their own websites. However, there are so many types of websites, so it can be challenging to know which one you should choose.
If you’re good at web design, then this small business idea is perfect for you! You could start up your own company, or you could work for an agency. It’s totally up to you!
#35: Retail Stores, Shopping Malls, and Shopping Centers
Retail stores, shopping malls, and shopping centers are everywhere in Nepal’s cities. There is a very high demand for household products, electronics, clothes, food, and any other kinds of products you can think of.
All you really need to do is make an initial investment in some good quality inventory, and your small business will be off to a good start! Then, just make sure you have the necessary licenses.
#36: Security Services
More and more people are becoming concerned about their safety these days. It’s essential to make sure that they feel secure at all times, so people turn to security services for help.
There is a high demand for Nepali citizens, but if it sounds like something you’d be good at, then why not try it out? Just be careful! There are a lot of rules and regulations that you need to consider if you want to become a security guard.
#37: Spas, Beauty Salons, and Tanning Salons
Everyone loves to look and feel good, so it’s no wonder that spas, beauty salons, and tanning salons are popular small business ideas in Nepal. There is a high demand for services like massages, hair coloring, manicures, pedicures, etc.; just about anything you can think of!
You don’t need much to get started, but you’ll want to make sure that you have proper paperwork done before you can run your own business. It’s not hard; just go to the license office, and they should be able to guide you through it!
#38: Sports Goods Stores
Nepal’s cities are home to many different kinds of sports, and people love them! So it’s not uncommon for people to be involved in several different types at the same time. That’s why there is a high demand for sports goods stores that can provide them with all their equipment needs.
All you need is an initial investment in some high-quality inventory, and you’ll be ready to start this small business idea.
#39: Tour Operators
Nepal is a great country for people who love to travel. Hikers, climbers, mountaineers, and even simple tourists can all enjoy the beauty of Nepal. Tourists come from all over the world to see Mount Everest, the highest peak in the world. As you might imagine, many people would like to help these tourists get around.
And, many people would like to be these tour guides! Nepal is a small country with only 29 million people, so it’s easy for service providers to demand high pay rates. You can give many types of tours, but some popular ones include city tours, trekking/hiking tours, mountain tours, and climbing tours.
#40: Transportation Services
People need to get around somehow, and there are many types of transportation services people can take advantage of with their small businesses.
It’s not uncommon for Nepalis to travel by foot or bicycle, but most places are accessible by car or public transportation like buses and trains. Taxi services are also popular in Nepal’s cities.
In conclusion, starting your own small business in Nepal can be a great way to earn some extra money. These are just 40 of the best ideas that you can choose from. You should try to find one that suits your personality and skills, so you have a better chance of succeeding!
If you have a small business idea that isn’t listed above, then please add it in the comment section below! Thank you for reading, and have a nice day.
Also, if you liked this article, make sure to check out my blog post about the best small business entrepreneurship courses!