You
may be wondering about different types of businesses you can start. You may
have queries about “What kind of business opportunities are there?”, “What are the
top businesses to start with?” Well, you need not be puzzled any more. Here are
some of the business areas that you can choose from.
There
are a lot of business ideas for women in Nepal. Choosing the best one depends on
one’s interest, skills, ability, knowledge and experience. Before starting any
business you need to know the capital requirements and the life blood of
business. After that you need to analyze the potential return on investment
(ROI). Other matters may be competition, timing, location, demand and basic
requirements.
There
is no restriction on women when it comes to the type of business. You can do
any kind of business that you want. It is also not essential to choose from
among the following list. You can use your own innovative ideas to explore the
potential of other business areas. However the top ten business areas for women
in Nepal can be in following areas.
Export and import:
Export and import:
Investment: 20,000-100,000
ROI: 3 months – 1 year
Requirements:
hiring vehicle, drivers, internet, contacts with dealer and retailers
The
basic idea of business is to buy and sell. You can work as the middle person to
import anything. It may be dresses, gift items, bags, shoes, ornaments, fruits
or any other products. The same can be sold to customers at a higher price
known as profit. For this you need to have contact with both suppliers and
retail customers. All you need is to do is make and receive orders over phone
calls.
You can do this business with zero investment by paying
suppliers after collecting money from the sold products. In the same way,
buyers may also extend your debt payment period. There is a chance of default
payment by buyers.
Restaurants or hotels
Restaurants or hotels
Investment: 50,000-300,000
ROI: 2-3years
Requirements: space,
decoration, furniture, waiter, cooks, staff
Everyone
needs to eat every day. As food is basic need of life, this business has a wide
scope to grow and flourish with success. It is sure to have a huge customer
flow occurring every day if the hotel is started in busy area. There can be
transactions worth more than one lakh every day if the location is appropriate.
Also food delivery can be offered to offices, homes or other places as per the
demand.
After starting up, it is difficult to change location. It
can cause huge damage and loss. In addition hygiene and cleanliness must be
given priority
Content writing
Investment: 3,000-20,000
ROI: 1-6 months
Requirements: internet
connection, websites, computer
Do
you have good critical thinking and writing capabilities? You can write and use
your skills to sell it. The content may be sold to SEO clerks, Fiverr or your
own websites or blogs. It requires very low investment with chances of higher
income.
Lots
of websites are growing and the demand for content writer is also growing. You
can use your creativity, ideas and thoughts in your free time.
Event management
Event management
Investment:
50,000-400,000
ROI: 1-4 years
Requirements: location,
furniture, cook, waiter, helpers, utensils
Every
day lots of events are happening. These may be marriages, birthdays, anniversaries,
seminars, meetings or others. The need for event management is growing rapidly
as this area has a good scope and huge demand.
Start
with small programs. Afterward, you can conduct big events and programs
learning from your previous programs. Promote your programs using the internet
and websites. Attract customers with your specialties and features.
Hand made products
Hand made products
Investment:
30,000-100,000
ROI: 3 months-1 year
Requirements: training,
tools, materials
Some
women may not have time to go to an office. Particularly housewives whose time
passes by handling day to day home tasks. These women can adopt handmade article
businesses. All they need to do is learn to make particular products they are interested
in. The products may be candles, toys, wooden products or any other
handicrafts.
Once trained, you can use your leisure time to make the
products. The products can be taken and sold at a market after making
collections in certain quantities.
Cooking and delivery
Cooking and delivery
Investment: 35,000-100,000
ROI: 6 months-2 years
Requirements: kitchen,
delivery person, utensils, recipe, other tools and materials
Is
there is growing demand of lunch boxes or meal delivery to offices, shops or
schools in the local area? You can start a cooking business and fulfill the needs
of customers. Starting a business means to identify customer needs and satisfy them.
Women
are well known for their cooking abilities. You can use your kitchen and
cooking skills to fulfill the customer’s need for lunch, supper or other meals
as required. For this, a delivery person is also needed.
Retail shop
Investment: 300,000-13,
00,000
ROI: 2-5 years
Requirements: shop,
decoration, helper, shop materials, products
You
can open any kind of retail shop. Location and demand of customers play a vital
role to determine the type of shop you should choose. Meeting the daily needs
of customers with various products seems to be the best option.
Don’t
forget to select the best location. Choosing the location can alone determine
the success or failure of a business. Research must be conducted to understand
the wants and needs of customers. The need and demands must be made available
and fulfilled duly.
Tuition classes
Tuition classes
Investment:
10,000-100,000
ROI: 3 months
Requirements: room,
teacher, classroom equipment
If
women are expert in any subjects then they can spend few hours a day providing tuition
classes. The local children and neighborhood who wants their children to get
extra help can benefit from this.
The more students recruited, higher the income generated.
Fixed costs remains the same. If products and sales service are increased, this
business has huge profit.
Web designing:
Web designing:
Investment: 20,000-50,000
ROI: 1-2 years
Requirements: Training, internet
In
this cut-throat competitive age, every business or company no matter big or
small have websites. Therefore web designing thus is a good opportunity for Nepaln
women. Training in HTML, SQL, CSS, PHP, and HTML is a must before initiating a web
designing business.
Once learned this has a huge benefit. It is less time
consuming than other businesses and there is huge market demand for web
designers in Nepal and the international market. You can even work from home.
Parlor:
Investment:
50,000-300,000
ROI: 1-2 years
Requirements: training,
furniture, parlor tools and equipment
Women
are fond of make-up, threading and hair styling in order to look beautiful.
Opening a beauty parlor can be of significant interest to women. You can open
your parlor in your home or any place after taking parlor courses.
It
is another great opportunity for women. We all know that parlors are required
for parties or attending various ceremonies to look beautiful. Parlor services such
as hair cutting, waxing, facials, make-up, hair styling and others has a huge
demand and indefinite customers.
In
Nepal, mostly in rural area women are limited to kitchen and household tasks.
If given the opportunity women can do a lot. Time is precious so let’s begin business
right now.
This
is the cut-throat competitive age of the 21st century. In this era the
use of the latest technology is a must to survive and grow in business. The
role of the internet is also needed for the success of any kind of business.
You may start with a little investment and later on you can expand your
business slowly. Don’t worry and don’t give up quickly. Sometimes you may have
to suffer loss or small profits. Have patience and continue with your best
effort. You will surely succeed.
Best
wishes. Happy investing for all Nepaln women out there.
EmoticonEmoticon