Want to start a Business and need Ideas for a startup that are easy and profitable?
Business is not only about making profits but also about giving your best. Nepal as a developing country has many obstacles in infrastructures including Business. The new generations are involving in business and looking for leads for their ideas.
Due to the pandemic of 2020, the first-ever worldwide lockdown was implemented. Due to this, the majority of people lost their financial source. Unable to work, people are looking for alternatives to their jobs to find a reliable source of income.
Starting a business is not as difficult as choosing the business model that fits you.
To help you tackle this obstacle, we have prepared a list of profitable business modules that may fit you:
1. Meat/Fresh House
Nepalese people are fond of Meat. Most ethnic groups in Nepal tend to consume the meat of animals that are locally reared. Hens, Goats, Pigs, Ducks, Buffalo, etc are the major source of meat. Opening a Fresh House for selling meat of these animals is not a bad idea.
The price of meat for animals is also decent at present and there is no lack of animals for meat. The electricity is also being available 24hrs due to which the meat can be stored in freezers. With a bit of knowledge, experience and skills, the majority can run this business and earn a great profit.
You can just start with a small stall with the least investment.
2. Groceries Shop
Agriculture – as the main occupation of Nepal, agro products are available in great amounts. If you have land then you can grow vegetables with a small investment and later sell them at a decent price. Doing this will not only give you income but also help the nation.
This module is less risky and more productive. Either you can grow/sell your vegetables or buy them at a wholesale price and sell at retail price. This module is not only limited to vegetables. You can open a stall and later sell other finished products and items.
3. Cyber / Tech Items Shop
Are you interested in mobile phones, computers and technology? If so then this idea can be useful for you. Most citizens have access to mobile phones and other kinds of stuff. Technology has great potential in Nepal in the coming years.
People are digitalizing and want to get more from technology – mobile being the main factor.
So, you can start an initial business of a cyber shop. As per this idea, you can open a shop where you sell mobile phones, accessories and other tech items or machines. This module does not need much but a bit of investment.
4. Top Up & Bill Payment Shop
The current world is a digital world and everyone has access to mobile phones. People want their daily tasks to be done easily, efficiently. Many banks of Nepal have introduced mobile banking including eSewa, Khalti, IMEpay, etc.
You can start your own business of online payments if you have basic info about Mobile Banking. Ask people to do their bill payments for Electricity, Water, Internet, etc for a certain price.
You can also do Top Up for In-Game Purchases for Gamers which is increasing among teenagers.
5. Teaching and Coaching Classes
Are you good at your studies? Are you an expert in a particular field or passed the 10th Standard? If yes then what are you waiting for? Look! Studies and Skills are essential and take time for one to acquire.
“If you are good at something, Don’t do it for free”. This quote means that you can share your knowledge and skills with the young ones for a decent price.
The best way to do this is to start tuition classes or coaching classes. You can either start local coaching classes or online classes/lectures. People learn from you and pay for you.
6. Fast Food Services
Everyone is a foodie and no one can say no when it comes to food. Starting a fast food service (Khaja Ghar) is a good idea if you love cooking and want to earn from it. Foods like Chowmein, Pasta, Chatpate, Burger, Pizza, and others can be easily made and everyone loves them.
We like to consume fast foods rather than home-made ones. The better the business if you start it at a tourism site or place where most people come and go. Do less investment and enjoy the income.
7. Transportation/Delievrey Services
Are you good at driving and have money that you want to invest? Then buy or rent a vehicle and you can start your own business of transportation. Like you can either transport people or transport goods opening delivery services.
I know it is not a high-profit idea but it’s worth it. You can get to visit places you like and also earn a living. I would suggest starting delivery services if you want high profits and fewer risks.
Interested? You can see our article on “Top 5 Vehicles for Delivery Services” or google it yourself.
8. Sponsorship
This term might be new but the process is quite old. This module is something that you can do easily. Think of Sponsorship as Advertisements. Yes, advertisements but you get paid. Everyone uses Facebook, Instagram, YouTube and other social platforms.
If you can create a channel/ and build a fanbase of many followers. Then many brands will reach out to you and ask to advertise their brands and products to your followers.
See, Easy module but building the fanbase is difficult. If curious, you can check the Internet for guidance.
9. Bakery Shop
At present, everyone tends to celebrate occasions and birthdays with cake cutting. It is a growing trend and opportunity for many. A bakery shop is a business module that can run with small investment.
Where to learn to make a cake? You can google it. For teenagers, this business can a source of passive income if done productively. There are varieties of bakery items that you can provide to your customers.
Provide quality services with customer satisfaction. And I guarantee that your business will make you profit.
10. Event Photographer / Videographer
Do you have a DSLR Camera or Even a Mobile phone and knowledge about photography and videography? If yes then you can earn a few bucks as an event photographer. Some events are important and people want to capture them for their lifetime.
As a result, you can reach out to them and talk to them to do that for them. Many have chosen this also as a career for them and are earning their livelihood. You can do it at events like marriage, Graduation, or even as a freelance photographer.
Also, the media always need photos for their news so you can be their hired photographer.
Like I said before, Business is not only about profit but also giving your best. You start your business with any of the above startup ideas but choose the one that fits you. It takes devotion and time for your business to grow so maintain balance in your business.
I wish that you may accomplish your dreams and check our other helpful articles.
