How to write a business plan for a Nepalese restaurant?

Nepalese restaurant business plan

Creating a business plan for a Nepalese restaurant is an essential process for any entrepreneur. It serves as a roadmap that outlines the necessary steps to be taken to start or grow the business, the resources required, and the anticipated financial outcomes. It should be crafted with method and confidence.

This guide is designed to provide you with the tools and knowledge necessary for creating a Nepalese restaurant business plan, covering why it is so important both when starting up and running an established business, what should be included in your plan, how it should be structured, what tools should be used to save time and avoid errors, and other helpful tips.

We have a lot to cover, so let's get to it!

In this guide:

Why write a business plan for a Nepalese restaurant?

  • What information is needed to create a business plan for a Nepalese restaurant?
  • What goes in the financial forecast for a Nepalese restaurant?
  • What goes in the written part of a Nepalese restaurant business plan?
  • What tool can I use to write my Nepalese restaurant business plan?

Being clear on the scope and goals of the document will make it easier to understand its structure and content. So before diving into the actual content of the plan, let's have a quick look at the main reasons why you would want to write a Nepalese restaurant business plan in the first place.

To have a clear roadmap to grow the business

Small businesses rarely experience a constant and predictable environment. Economic cycles go up and down, while the business landscape is mutating constantly with new regulations, technologies, competitors, and consumer behaviours emerging when we least expect it.

In this dynamic context, it's essential to have a clear roadmap for your Nepalese restaurant. Otherwise, you are navigating in the dark which is dangerous given that - as a business owner - your capital is at risk.

That's why crafting a well-thought-out business plan is crucial to ensure the long-term success and sustainability of your venture.

To create an effective business plan, you'll need to take a step-by-step approach. First, you'll have to assess your current position (if you're already in business), and then identify where you'd like your Nepalese restaurant to be in the next three to five years.

Once you have a clear destination for your Nepalese restaurant, you'll focus on three key areas:

  • Resources: you'll determine the human, equipment, and capital resources needed to reach your goals successfully.
  • Speed: you'll establish the optimal pace at which your business needs to grow if it is to meet its objectives within the desired timeframe.
  • Risks: you'll identify and address potential risks you might encounter along the way.

By going through this process regularly, you'll be able to make informed decisions about resource allocation, paving the way for the long-term success of your business.

To anticipate future cash flows

Regularly comparing your actual financial performance to the projections in the financial forecast of your Nepalese restaurant's business plan gives you the ability to monitor your business's financial health and make necessary adjustments as needed.

This practice allows you to detect potential financial issues, such as unexpected cash shortfalls before they escalate into major problems. Giving you time to find additional financing or put in place corrective measures.

Additionally, it helps you identify growth opportunities, like excess cash flow that could be allocated to launch new products and services or expand into new markets.

Staying on track with these regular comparisons enables you to make well-informed decisions about the amount of financing your business might require, or the excess cash flow you can expect to generate from your main business activities.

To secure financing

Crafting a comprehensive business plan for your Nepalese restaurant, whether you're starting up or already established, is paramount when you're seeking financing from banks or investors.

Given how fragile small businesses are, financiers will want to ensure that you have a clear roadmap in place as well as command and control of your future cash flows before entertaining the idea of funding you.

For banks, the information in your business plan will be used to assess your borrowing capacity - which is defined as the maximum amount of debt your business can afford alongside your ability to repay the loan. This evaluation helps them decide whether to extend credit to your business and under what terms (interest rate, duration, repayment options, collateral, etc.).

Similarly, investors will thoroughly review your plan to determine if their investment can yield an attractive return. They'll be looking for evidence that your Nepalese restaurant has the potential for healthy growth, profitability, and consistent cash flow generation over time.

Now that you understand the importance of creating a business plan for your Nepalese restaurant, let's delve into the necessary information needed to craft an effective plan.

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Information needed to create a business plan for a Nepalese restaurant

You need the right data in order to project sales, investments and costs accurately in the financial forecast of your Nepalese restaurant business plan.

Below, we'll cover three key pieces of information you should gather before drafting your business plan.

Carrying out market research for a Nepalese restaurant

As you consider writing your business plan for a Nepalese restaurant, conducting market research becomes a vital step to ensure accurate and realistic financial projections.

Market research provides valuable insights into your target customer base, competitors, pricing strategies, and other key factors that can significantly impact the commercial success of your business.

Through this research, you may uncover trends that could influence your Nepalese restaurant.

You might find that customers may be more likely to visit your Nepalese restaurant if they can order food online. Additionally, customers could be looking for more vegetarian options on your menu, so introducing some new dishes may attract new customers.

Such market trends play a significant role in forecasting revenue, as they offer valuable data about potential customers' spending habits and preferences.

By incorporating these findings into your financial projections, you can present investors with more accurate information, helping them make informed decisions about investing in your Nepalese restaurant.

Developing the marketing plan for a Nepalese restaurant

Before delving into your Nepalese restaurant business plan, it's imperative to budget for sales and marketing expenses.

To achieve this, a comprehensive sales and marketing plan is essential. This plan should provide an accurate projection of the necessary actions to acquire and retain customers.

Additionally, it will outline the required workforce to carry out these initiatives and the corresponding budget for promotions, advertising, and other marketing endeavours.

By budgeting accordingly, you can ensure that the right resources are allocated to these vital activities, aligning them with the sales and growth objectives outlined in your business plan.

The staffing and capital expenditure requirements of a Nepalese restaurant

Whether you are starting or expanding a Nepalese restaurant, it is important to have a clear plan for recruitment and capital expenditures (investment in equipment and real estate) in order to ensure the success of the business.

Both the recruitment and investment plans need to be coherent with the timing and level of growth planned in your forecast, and require appropriate funding.

Staffing costs for a Nepalese restaurant might include wages for cooks, wait staff, busboys, and dishwashers. Equipment costs might include purchasing kitchen appliances such as ovens, stoves, refrigerators, and freezers, as well as items such as tables and chairs, pots and pans, utensils, and dishes.

In order to create a realistic financial forecast, you will also need to consider the other operating expenses associated with running the business on a day-to-day basis (insurance, bookkeeping, etc.). 

Once you have all the necessary information to create a business plan for your Nepalese restaurant, it is time to start creating your financial forecast.

What goes into your Nepalese restaurant's financial forecast?

The financial forecast of your Nepalese restaurant's business plan will enable you to assess the growth, profitability, funding requirements, and cash generation potential of your business in the coming years.

The four key outputs of a financial forecast for a Nepalese restaurant are:

  • The profit and loss (P&L) statement ,
  • The projected balance sheet ,
  • The cash flow forecast ,
  • And the sources and uses table .

Let's look at each of these in a bit more detail.

The projected P&L statement

The projected P&L statement for a Nepalese restaurant shows how much revenue and profits your business is expected to generate in the future.

projected profit and loss statement example in a Nepalese restaurant business plan

Ideally, your Nepalese restaurant's P&L statement should show:

  • Healthy growth - above inflation level
  • Improving or stable profit margins
  • Positive net profit

Expectations will vary based on the stage of your business. A startup will be expected to grow faster than an established Nepalese restaurant. And similarly, an established company should showcase a higher level of profitability than a new venture.

The projected balance sheet of your Nepalese restaurant

The balance sheet for a Nepalese restaurant is a financial document that provides a snapshot of your business’s financial health at a given point in time.

It shows three main components: assets, liabilities and equity:

  • Assets: are resources owned by the business, such as cash, equipment, and accounts receivable (money owed by clients).
  • Liabilities: are debts owed to creditors and other entities, such as accounts payable (money owed to suppliers) and loans.
  • Equity: includes the sums invested by the shareholders or business owners and the cumulative profits and losses of the business to date (called retained earnings). It is a proxy for the value of the owner's stake in the business.

example of projected balance sheet in a Nepalese restaurant business plan

Examining the balance sheet is important for lenders, investors, or other stakeholders who are interested in assessing your Nepalese restaurant's liquidity and solvency:

  • Liquidity: assesses whether or not your business has sufficient cash and short-term assets to honour its liabilities due over the next 12 months. It is a short-term focus.
  • Solvency: assesses whether or not your business has the capacity to repay its debt over the medium-term.

Looking at the balance sheet can also provide insights into your Nepalese restaurant's investment and financing policies.

In particular, stakeholders can compare the value of equity to the value of the outstanding financial debt to assess how the business is funded and what level of financial risk has been taken by the owners (financial debt is riskier because it has to be repaid, while equity doesn't need to be repaid).

The cash flow forecast

A projected cash flow statement for a Nepalese restaurant is used to show how much cash the business is generating or consuming.

cash flow forecast in a Nepalese restaurant business plan example

The cash flow forecast is usually organized by nature to show three key metrics:

  • The operating cash flow: do the core business activities generate or consume cash?
  • The investing cash flow: how much is the business investing in long-term assets (this is usually compared to the level of fixed assets on the balance sheet to assess whether the business is regularly maintaining and renewing its equipment)?
  • The financing cash flow: is the business raising new financing or repaying financiers (debt repayment, dividends)?

As we discussed earlier, cash is king and keeping an eye on future cash flows an imperative for running a successful business. Therefore, you can expect the reader of your Nepalese restaurant business plan to pay close attention to your cash flow forecast.

Also, note that it is customary to provide both yearly and monthly cash flow forecasts in a business plan - so that the reader can analyze seasonal variation and ensure the Nepalese restaurant is appropriately funded.

The initial financing plan

The sources and uses table or initial financing plan is a key component of your business plan when starting a Nepalese restaurant.

It shows where the capital needed to set up the business will come from (sources) and how it will be spent (uses).

sources and uses table in a Nepalese restaurant business plan

This table helps size the investment required to set up the Nepalese restaurant, and understand how risks will be distributed between the business owners, and the financiers.

The sources and uses table also highlights what the starting cash position will be. This is key for startups as the business needs to have sufficient funding to sustain operations until the break-even point is reached.

Now that you have a clear understanding of what will go into the financial forecast of your Nepalese restaurant business plan, let's have a look at the written part of the plan.

The written part of a Nepalese restaurant business plan

The written part of the business plan is where you will explain what your business does and how it operates, what your target market is, whom you compete against, and what strategy you will put in place to seize the commercial opportunity you've identified.

Having this context is key for the reader to form a view on whether or not they believe that your plan is achievable and the numbers in your forecast realistic.

The written part of a Nepalese restaurant business plan is composed of 7 main sections:

  • The executive summary
  • The presentation of the company
  • The products and services
  • The market analysis
  • The strategy
  • The operations
  • The financial plan

Let's go through the content of each section in more detail!

1. The executive summary

In your Nepalese restaurant's business plan, the first section is the executive summary — a captivating overview of your plan that aims to pique the reader's interest and leave them eager to learn more about your business.

When crafting the executive summary, start with an introduction to your business, including its name, concept, location, how long it has been running, and what sets it apart. Briefly mention the products and services you plan to offer and your target customer profile.

Following that, provide an overview of the addressable market for your Nepalese restaurant, current trends, and potential growth opportunities.

Next, include a summary of key financial figures like projected revenues, profits, and cash flows.

Finally, in the "ask" section, detail any funding requirements you may have.

2. The presentation of the company

In your Nepalese restaurant business plan, the second section should focus on the structure and ownership, location, and management team of your company.

In the structure and ownership part, you'll provide an overview of the business's legal structure, details about the owners, and their respective investments and ownership shares. This clarity is crucial, especially if you're seeking financing, as it helps the reader understand which legal entity will receive the funds and who controls the business.

Moving on to the location part, you'll offer an overview of the company's premises and their surroundings. Explain why this particular location is of interest, highlighting factors like catchment area, accessibility, and nearby amenities.

When describing the location of your Nepalese restaurant, you could highlight its potential to draw in customers from a wide area. You may emphasize the fact that it is situated in a neighborhood with high foot-traffic, as well as easy accessibility by public transportation. Additionally, you could point to the fact that the area has experienced recent growth in population and new developments, suggesting that there is a growing demand for diverse cuisine options in the area. Finally, you may also emphasize the surrounding area's diverse cultural heritage, suggesting that your restaurant is positioned to take advantage of the growing interest in Nepalese cuisine.

Finally, you should introduce your management team. Describe each member's role, background, and experience.

Don't forget to emphasize any past successes achieved by the management team and how long they've been working together. Demonstrating their track record and teamwork will help potential lenders or investors gain confidence in their leadership and ability to execute the business plan.

3. The products and services section

The products and services section of your business plan should include a detailed description of the offerings that your company provides to its customers. 

For example, your Nepalese restaurant might offer traditional Nepalese cuisine such as momos, sel roti, and chhoila, as well as fusion dishes like Nepalese-style burgers and pizzas. You could also provide catering services for special occasions like weddings and birthday parties, offering a diverse menu of Nepalese dishes. Additionally, you could offer takeout and delivery options for customers who don't have time to dine in your restaurant. This way, you can provide customers with delicious and authentic Nepalese food, regardless of where they are.

When drafting this section, you should be precise about the categories of products or services you sell, the types of customers you are targeting and how customers can buy them.

4. The market analysis

When outlining your market analysis in the Nepalese restaurant business plan, it's essential to include comprehensive details about customers' demographics and segmentation, target market, competition, barriers to entry, and relevant regulations.

The primary aim of this section is to give the reader an understanding of the market size and appeal while demonstrating your expertise in the industry.

To begin, delve into the demographics and segmentation subsection, providing an overview of the addressable market for your Nepalese restaurant, key marketplace trends, and introducing various customer segments and their preferences in terms of purchasing habits and budgets.

Next, shift your focus to the target market subsection, where you can zoom in on the specific customer segments your Nepalese restaurant targets. Explain how your products and services are tailored to meet the unique needs of these customers.

For example, your target market might include Nepalese expatriates living in the local area. These customers will have a strong connection to their cultural cuisine and will be looking for an authentic Nepalese dining experience. Additionally, they may be interested in introducing their friends and family to their culture through the restaurant's food.

In the competition subsection, introduce your main competitors and explain what sets your Nepalese restaurant apart from them.

Finally, round off your market analysis by providing an overview of the main regulations that apply to your Nepalese restaurant.

5. The strategy section

When writing the strategy section of a business plan for your Nepalese restaurant, it is essential to include information about your competitive edge, pricing strategy, sales & marketing plan, milestones, and risks and mitigants.

The competitive edge subsection should explain what sets your company apart from its competitors. This part is especially key if you are writing the business plan of a startup, as you have to make a name for yourself in the marketplace against established players.

The pricing strategy subsection should demonstrate how you intend to remain profitable while still offering competitive prices to your customers.

The sales & marketing plan should outline how you intend to reach out and acquire new customers, as well as retain existing ones with loyalty programs or special offers. 

The milestones subsection should outline what your company has achieved to date, and its main objectives for the years to come - along with dates so that everyone involved has clear expectations of when progress can be expected.

The risks and mitigants subsection should list the main risks that jeopardize the execution of your plan and explain what measures you have taken to minimize these. This is essential in order for investors or lenders to feel secure in investing in your venture.

Your Nepalese restaurant faces many risks. For example, you may face unexpected financial losses due to fluctuations in food costs and other overhead expenses. You might also face operational risks such as food safety issues or health code violations. These risks could lead to costly fines or even closure of your restaurant. It is important to be aware of all the potential risks and plan accordingly.

6. The operations section

In your business plan, it's also essential to provide a detailed overview of the operations of your Nepalese restaurant.

Start by covering your team, highlighting key roles and your recruitment plan to support the expected growth. Outline the qualifications and experience required for each role and your intended recruitment methods, whether through job boards, referrals, or headhunters.

Next, clearly state your Nepalese restaurant's operating hours, allowing the reader to assess staffing levels adequately. Additionally, mention any plans for varying opening times during peak seasons and how you'll handle customer queries outside normal operating hours.

Then, shift your focus to the key assets and intellectual property (IP) necessary for your business. If you rely on licenses, trademarks, physical structures like equipment or property, or lease agreements, make sure to include them in this section.

You could have unique recipes and preparation methods as a key asset of your Nepalese restaurant. These may be passed down from generations of your family or created by your chefs. You might also have unique interior design and decoration that embody the beauty of Nepalese culture, which could be protected by intellectual property laws.

Lastly, include a list of suppliers you plan to work with, detailing their services and main commercial terms, such as price, payment terms, and contract duration. Investors are interested in understanding why you've chosen specific suppliers, which may be due to higher-quality products or established relationships from previous ventures.

7. The presentation of the financial plan

The financial plan section is where we will include the financial forecast we talked about earlier in this guide.

Now that you have a clear idea of the content of a Nepalese restaurant business plan, let's look at some of the tools you can use to create yours.

What tool should I use to write my Nepalese restaurant's business plan?

In this section, we will be reviewing the two main solutions for creating a Nepalese restaurant business plan:

  • Using specialized online business plan software,
  • Outsourcing the plan to the business plan writer.

Using an online business plan software for your Nepalese restaurant's business plan

Using online business planning software is the most efficient and modern way to create a Nepalese restaurant business plan.

There are several advantages to using specialized software:

  • You can easily create your financial forecast by letting the software take care of the financial calculations for you without errors
  • You are guided through the writing process by detailed instructions and examples for each part of the plan
  • You can access a library of dozens of complete business plan samples and templates for inspiration
  • You get a professional business plan, formatted and ready to be sent to your bank or investors
  • You can easily track your actual financial performance against your financial forecast
  • You can create scenarios to stress test your forecast's main assumptions
  • You can easily update your forecast as time goes by to maintain visibility on future cash flows
  • You have a friendly support team on standby to assist you when you are stuck

If you're interested in using this type of solution, you can try The Business Plan Shop for free by signing up here .

Hiring a business plan writer to write your Nepalese restaurant's business plan

Outsourcing your Nepalese restaurant business plan to a business plan writer can also be a viable option.

Business plan writers are experienced in writing business plans and adept at creating financial forecasts without errors. Furthermore, hiring a consultant can save you time and allow you to focus on the day-to-day operations of your business.

However, hiring business plan writers is expensive as you are paying for the software used by the consultant, plus their time, and their profit margin of course.

From experience, you need to budget at least £1.5k ($2.0k) excluding tax for a complete business plan, more if you need to make changes after the initial version (which happens frequently after the initial meetings with lenders or investors).

You also need to be careful when seeking investment. Investors want their money to be used to grow the business, not spent on consulting fees. Therefore, the amount you spend on business plan writing services (and other consulting services such as legal services) needs to be negligible relative to the amount raised.

The other drawback is that you usually don't own the business plan itself: you just get the output, while the actual document is saved in the consultant's business plan software - which makes it difficult to maintain the document up to date without hiring the consultant on a retainer.

For these reasons, outsourcing the Nepalese restaurant business plan to a business plan writer should be considered carefully, weighing both the advantages and disadvantages of hiring outside help.

Ultimately, it may be the right decision for some businesses, while others may find it beneficial to write their business plan using online software.

Why not create your Nepalese restaurant's business plan using Word or Excel?

Using Microsoft Excel and Word (or their Google, Apple, or open-source equivalents) to write a Nepalese restaurant business plan is a terrible idea.

For starters, creating an accurate and error-free financial forecast on Excel (or any spreadsheet) is very technical and requires both a strong grasp of accounting principles and solid skills in financial modelling.

As a result, it is unlikely anyone will trust your numbers unless - like us at The Business Plan Shop - you hold a degree in finance and accounting and have significant financial modelling experience in your past.

The second reason is that it is inefficient. Building forecasts on spreadsheets was the only option in the 1990s and early 2000s, nowadays technology has advanced and software can do it much faster and much more accurately.

And with the rise of AI, software is also becoming smarter at helping us detect mistakes in our forecasts and helping us analyse the numbers to make better decisions.

Also, using software makes it easy to compare actuals vs. forecasts and maintain our forecasts up to date to maintain visibility on future cash flows - as we discussed earlier in this guide - whereas this is a pain to do with a spreadsheet.

That's for the forecast, but what about the written part of my Nepalese restaurant business plan?

This part is less error-prone, but here also software brings tremendous gains in productivity:

  • Word processors don't include instructions and examples for each part of your business plan
  • Word processors don't update your numbers automatically when they change in your forecast
  • Word processors don't handle the formatting for you

Overall, while Word or Excel may be viable options for creating a Nepalese restaurant business plan for some entrepreneurs, it is by far not the best or most efficient solution.

  • Having an up-to-date business plan is key to maintaining visibility on your future cash flows.
  • A business plan has 2 parts: a financial forecast highlighting the expected growth, profitability and cash generation of the business; and a written part which provides the context needed to interpret and assess the quality of the forecast.
  • Using business plan software is the modern way of writing and maintaining business plans.

We hope that this guide helped you to better understand how to write the business plan for a Nepalese restaurant. If you still have questions, do not hesitate to contact us.

Also on The Business Plan Shop

  • How to write a 5 years business plan
  • Market analysis example in a business plan
  • How investors and lenders analyze business plans
  • How to write the executive summary of your business plan
  • Business plan myths

Know someone who owns or wants to start a Nepalese restaurant? Share this article with them!

Guillaume Le Brouster

Founder & CEO at The Business Plan Shop Ltd

Guillaume Le Brouster is a seasoned entrepreneur and financier.

Guillaume has been an entrepreneur for more than a decade and has first-hand experience of starting, running, and growing a successful business.

Prior to being a business owner, Guillaume worked in investment banking and private equity, where he spent most of his time creating complex financial forecasts, writing business plans, and analysing financial statements to make financing and investment decisions.

Guillaume holds a Master's Degree in Finance from ESCP Business School and a Bachelor of Science in Business & Management from Paris Dauphine University.

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  • January 3, 2022
  • Posted by: admin
  • Category: Restaurant

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Find out the golden tips to run a successful restaurant business in Nepal

Restaurant business has become common today with people randomly investing and starting on it. Though an increasing number of people opt for operating restaurants, only a few become successful.

The majority of investors in the restaurant business fail to succeed and incur huge losses. In the context of Nepal, people dive into this business without having basic knowledge and experience. They just see the progress made by others and try to imitate.

Restaurants with low investment have higher chances of failure however, we can see some high capacity restaurants degrading their overall financial and operational health due to various factors. 

Is running a restaurant business really tough or what could be the reasons behind the majority of investors failing?

Basically, opening a restaurant is not that difficult. If you have the required budget, your desired restaurant setup and the facility can be built with assistance from hospitality consultants or you yourself.

The only difficult task is to operate your restaurant efficiently, satisfy your valued customers, generate ample revenue and enhance the overall health of your business.

Let’s discover some important tips to run a successful restaurant business in Nepal.

Here are the top 10 golden strategies that could be fruitful to run your successful restaurant business.

Tips to run successful restaurant business in Nepal

Know your target market

The first important thing you need to consider while entering a restaurant business is knowing your target market. If you are unaware of your probable customers, the chances of failure are maximum.

As you discover your target market, you can specialize in targeted food items, services and ambience to attract more customers. Knowing your customers means understanding their food desires which can help you in enhancing your food business.

custom-solutions-team-hospitality-nepal

You must be wondering how can we discover our target market. Well, you can execute various strategies for that like visiting other restaurants, doing properly targeted research, surveying people, researching food items with varying locations, knowing the type of customers, finding out food prices, reading online reviews of customers and much more.

Finding information is easy these days due to the influence of social media and other digital technologies.

Decide the type of your restaurant business

After knowing your target market, you need to identify your concept and finalize the type of service to be provided. 

The food industry is vast and you have lots of choices, to begin with. For instance, you can choose fast-food restaurants, specialized cuisine restaurants, fine dining restaurants, food trucks, pop up restaurants, family-style dining restaurants and much more. 

These choices depend upon your requirement, allocated budget and target customers. If your investment is huge, you can run fine dining and specialized cuisine restaurants whereas you can go for fast-food and typical restaurants with a limited budget.

Another important factor while deciding your business is the location. You need to focus on the type of business by choosing your location wisely.

Be aware of your budget

Budget plays a pivotal role in deciding the future of your restaurant business. Your beautiful and ambitious ideas can turn into reality only if the requirements can be fulfilled by your allocated budget.

Why budget is important for running a successful restaurant business?

Without a proper budget, your restaurant project remains vague and can’t operate with optimum efficiency. You will be compelled to compromise on quality service, professional staff, marketing campaign and so on with a limited budget available. This, in turn, degrades the performance of your restaurant business.

A wise budget allocation can boost the overall health of your restaurant business. You can utilize the budget wisely for marketing purposes, hiring professional staff, seeking assistance from hospitality consultants, decorating interiors and much more.

Choose your location wisely

Location plays an important role in deciding the successful nature of your restaurant business . You need to research a lot before finalizing the location.

For example, you might need to focus on your restaurant location that is easily accessible and features a calm ambience. The location should also be easily visible and equipped with adequate parking space. 

When choosing a location, you also need to analyze your type of business and potential customers. Sometimes, you choose a local area but focus on serving expensive foods due to which your business fails. 

The competition is also tough these days with various restaurants offering services next to you. You need to track their performance and try to boost your business.

Hire Professional Staff

You have built an amazing restaurant, the ambience is appealing and the location is perfect. However, if you compromise on hiring professional staff including chefs, managers, service staff, waiter/waitress, receptionists and so on, it is sure your restaurant will disappoint customers which will then generate a loss for your business.

That’s why you must deploy professional staff who can work efficiently and smartly to run your business smoothly. The overall operation of your restaurant business gets affected if employees fail to perform well.

staff-management-service-team-hospitality-nepal

The main impression of your restaurant is the food items you serve. For that, you must hire a great chef who has good knowledge, experience in the hospitality industry and can prepare unique dishes as per customers’ requirements.

You must have heard people going to a particular restaurant due to the alluring dishes prepared by the expert chefs. Always make sure the chefs your company hires can satisfy the taste buds of your customers.

Besides chefs, you must also focus on hiring experienced service staff including waiters/waitresses, front desk officers, and helpers who can deliver services quickly and robustly. 

Develop a great Menu

A menu is the most important aspect of your restaurant business. Basically, the menu represents the list of food items your restaurant serves, their prices, description and other related information.

You need to make sure the food names and pricing are clearly illustrated on the menu card. Also try to make it simple and elegant so that, your valued customers can easily locate their favourite dishes and make appropriate decisions.

write-and-design-a-restaurant-menu-team-hospitality-nepal

If you have some budget to spend on menu design, you can hire professional food photographers and graphic designers to produce a visually appealing menu card.

An attractive menu can be one of the important factors for customers to come back to your restaurant.

Seek assistance from Hospitality Consultants  

You may have heard about hospitality consultant service but do you know why such service could be beneficial for running your successful restaurant business.

about-team-hospitality-nepal

Hospitality consultants are experienced and well-educated teams of chefs, hotel managers, financial advisors, information technology officers, trainers and much more who can assist to boost the overall performance of your business and enhance profitability.

Consultants provide various services including operational management, financial & revenue management, staff recruiting & training and various others as per your requirement.

You need to plan carefully before getting into the restaurant business. The tips we discussed above are the important ones to consider and you can also add your idea and optimize it.

One of the key things you can do before starting is review case studies of successful as well as failed restaurant businesses and discover the key reasons. In that way, you can visualize how you can run a successful restaurant.

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  • How to Register and Start a Restaurant in Nepal

Last updated January 26, 2024 by Dipendra Shah

How to Register and Start a Restaurant in Nepal

4 Steps to Start a Restaurant in Nepal

  • Register your business with the Office of The Company Registrar.
  • Register at the local ward office.
  • Register with the tax office (Inland Revenue Department).
  • Open a business bank account.

Additional Resource:

If you are looking for a step-by-step guide to starting a restaurant business in Nepal with low investment, check out this informative video by Bipin Kandel on YouTube:

Watch the video here

Bipin Kandel’s video covers essential aspects such as market research, creating a business plan, finding the right location, hiring staff, and effective marketing strategies. The guide also provides valuable tips on cost-cutting and profit maximization to help kickstart your restaurant business.

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Restaurants : High Hopes, Big Challenges

Restaurants : High Hopes, Big Challenges

For a long time, dining out was seen as a luxury. But not anymore.  And hospitality companies are drawing in customers like  ever before.

--BY KRISHANA PRASAIN

Restaurants have become an integral part of the daily life of the average Nepali salaried class. Rather than staying at home and cooking, people are spending that extra time (and money) to try new things in a city which has been getting high standard new restaurants opened with so high frequency in recent times. Pankaj Raj Shrestha, Managing Director of management firm Mahizen Consulting Pvt Ltd is one such professional who often visits restaurants, exemplifying the constantly changing food habits of a city’s population. “Restaurants in Nepal have changed a lot over the years. They are focusing more on the ambience side to attract guests,” says Shrestha who is also the former CEO of Himalayan Distillery. “Restaurants nowadays spend more on interior décor.”  

The business of food has gained noticeable momentum over the past few decades and the number of people joining the business has grown significantly. The increasing spending capacity of Nepalis has been one of the major factors for this. Aided by the rising inflow of remittances, Nepalis now have more disposable money to spend than what they had 20-30 years ago. As per Nepal’s macroeconomic update published by the Asian Development Bank in August 2016, the gross national disposable income (GNDI) in Nepal reached USD 1,027 which was USD 926 in 2012. Similarly, Nepalis spend around 11 percent of their income at restaurants. 

The staggering number of restaurants across the country clearly indicates the lucrative opportunities that exist in the eatery sector. According to Pramod Jaisawal, President of Restaurants and Bar Association of Nepal (REBAN), there are around 2,000 standard restaurants, bars, fast food outlets and cafes operating across the country.  According to the Department of Industry, there are 716 registered restaurants with an investment of Rs 30 million and above. 

“The investment needed to open restaurants ranges from as low as Rs 2.5 million to as high as Rs 40 million,” shares Jaisawal.

Anup Lal Kakshyapati, Vice-President of REBAN and Director of The Bakery Café relates the rise in investments in restaurants to various aspects of the business. “Many people now consider restaurants as their second kitchen. The changing food habits and the busy lifestyle have led many Nepalis to go and eat outside,” he says. 

Despite the various challenges, many young people today opt to open restaurants when starting a business for the first time. Officials at the Department of Cottage and Small Industries (DoCSI) say that six to seven restaurants are registered at the office daily.  

“It is very difficult to open even a basic restaurant for less than Rs one million as various aspects including the interior, food selection along with the kitchen and the overall hygiene levels need to be properly maintained,” adds Kakshyapati.  

New Trends Restaurants are not just places for people go and try out different food items. They are also social gathering places where the atmosphere is just as important for guests. Nepali restaurateurs, in that regard, have been introducing new trends in terms of interior design and services. Many are designed in a modern style, giving the restaurant a 3D look. Some are also making the old new again. “If we observe the interior designs of restaurants some are harking back to the old days with their classic attractive look in furniture, dishes and other services,” says Jaiswal. 

An offshoot of the business has been the rise of coffee culture along with a bistro feel, highly visible in the number of hightech coffee making machines in restaurants and bartenders. In terms of adopting new technology, Jaiswal mentions that restaurants pretty much adopt the changes as soon as they arrive. 

Restaurants have also adopted digital technology helping them to get and stay connected to their customers. Many websites and apps dedicated to the restaurant service have been launched in recent times. Such portals and apps allow customers to find restaurants in nearby areas, order food from them, with some even providing complete menus.  

restaurant business plan in nepal

Growing Hubs There was a time when Durbarmarg, New Road and Thamel were the only places in Kathmandu with quality restaurants. Nonetheless, things started to change in the last 15 years as other places such as Jhamsikhel, Naxal, Bhatbhateni, Baluwatar, Lazimpat, Maharajgunj, New Baneshwor and Jawalakhel-Kumaripati grew as restaurants hubs.  “The new areas have become centres of attraction for food lovers who search for new tastes and ambiences,” Kakshyapati says. The last few years have also seen areas such as Sankhamul, mid-Baneshwor and Battisputali develop into restaurant hubs with the opening of quality eateries of various types. 

Outside the capital valley, established tourist areas in Pokhara and Chitwan have a number of high standard restaurants while other cities are also witnessing a boom in the opening of eateries. The eastern cities of Dharan and Damak and other cities like Birgunj, Hetauda and the far-west city of Mahendranagar also host a growing number of restaurants.  

The new shopping malls have also contributed to the rising number of restaurants. Once a mall is opened, new eateries come into operation in and around such shopping and cinema places. 

Better trained chefs with a wide knowledge about food are also adding to the culinary experience. They are quick to introduce new foods that are considered trendy. Foreign dishes across the staple continental, Chinese, Thai, Japanese, Korean, Italian, Vietnamese, Indian and Mughlai categories are in high demand. Similarly, traditional Nepali dishes such as Thakali and Newari also occupy a significant place in the menu. Meanwhile, many cafes and restaurants also serve different varieties of espresso to quench the caffeine thirst of Nepali coffee lovers. 

Says Raunak SJB Rana, Managing Director of Lazimpat based Trisara, “Our restaurant has been offering special menus to its guests with new tastes in a timely manner.” 

Problems However, there are still marks of discontent in this flourishing sector, namely related to labour issues. Though the militant labour unionism of the past in the service industry has lessened in recent years, various related issues still exist. Restaurateurs and labour unions are in dispute over the issue of the 10 percent service charge distribution which has flared up again.  As per the current provision, 68 percent of the service charge collected from customers is distributed among the employees, while the management keeps the remaining 32 percent. Restaurant workers want the entire service charge to be distributed to the employees. 

The lack of trained employees is another problem for the restaurant sector.  According to REBAN President Jaisawal, the sector provides direct employment to a total of 250,000 people. He says that restaurant owners are having a hard time retaining their workforce who enter the sector, learn skills and then leave for another country or something similar.

According to Kakshyapati, restaurants have become something akin to training centres as people come for work, learn a skill and then go abroad. “After learning some skills, the employees mostly go aboard,” he says, adding, “All the available human resources working in the industry are filtered and we are providing training to this filtered manpower.”  

Maintaining the quality of service has also been a challenge for the restaurants. Unlike big hotels, the restaurants do not get facilities from the government, and this causes the service quality to be compromised. “Big hotels get customs duty waiver facilities while importing necessary equipment and have the ability to maintain standards,” mentions Jaisawal.

Entrepreneurs also seek support at the policy level in terms of taxes to ease the impending problems. “We have long been requesting the government to implement multiple VATs which will expand the tax net.  However, the government always acts very late with issues related to the private sector,” complains Jaiswal.

Entrepreneurs argue that all restaurants should come under the tax system. Currently, the government levies a 13 percent VAT on the services the restaurants provide to their guests. Nonetheless, only a few restaurants have been paying VAT on a regular basis and a large number of eateries do not follow the provision.  “When the nature of business is the same, everyone should be under the tax net and the facilities need to be provided equally,” believes Jaisawal. Similarly, he wants the government to reduce the current 13 percent VAT rate to three or four percent for all kinds of eateries which will ultimately make the services more affordable to customers as well create grounds for the overall restaurant businesses to enter the tax net. According to REBAN Vice-president Kakshapati, the restaurant entrepreneurs have long been demanding concessions in VAT as they also prioritise locally produced agro products.  “We mostly rely on domestically produced seasonal vegetables besides the sea food that is imported from India or third countries,” says Raunak SJB Rana of Trisara. 

Restaurateurs also seek a one-window policy so that the government can provide all services from a single place. At present, the restaurants are required to register and pay taxes at multiple government offices. “We are demanding the government introduce a one window policy so that there will be proper management of data and to make quality control easier,” says Jaiswal. He also suggests the government establish a separate government department to monitor the level of hygiene in the restaurants.

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restaurant business plan in nepal

No Laughing Matter

The sweet rewards of power.

The Sweet Rewards of Power

Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)

Update : 2020-03-25

Source: Federation of Nepal Gold and Silver Dealers' Association

Prateek's Blog

A perfect place to be...

What is it like owning a restaurant in Nepal?

Restaurant looks lucrative business in Nepal. Most people see crowded restaurants people enjoying coffee or food or drinks in some restaurants. They visualize themselves to be the owner of such restaurants and think well I know as such dish that I have tried at home town or somewhere overseas that can be a hit here in Nepal, in saying so all look into Nepal as Kathmandu and they open a restaurant. Their friends are young and are in media industry and get amazing coverage in media, wow now they are entrepreneurs, wow they are covered by media, wow everyone in their family and their friends teat them as a celebrity. Wow yes that is what we are aiming for a social recognition that has gained so fast because of this restaurant. And those who are reading the story are fascinated about opening their own restaurant and getting known to the public as a emerging entrepreneur and thus who to reach out, the same person who is in the media currently right? to they reach out to the guy/girl who is in the media currently and invest in a restaurant paying him a hefty fee so called franchisee fee or setup fee …. well do the restaurants in Nepal actually know what a franchisee is? Lets take an fair example of owing a “Himalayan Java Coffee Shop” or a “Chicken Station” or a “Synko Katti Roll” or “Bajeko Sekuwa”. I don’t want to go to detail but have anyone checked their financial plan or ROI . Do they actually present you with ROI? well and are the franchisees making any money compared to the investment they make on these businesses? … Straight forward answer is NO… So who are making the money then? the owners of the names by charging hefty franchisee fees with no obligations and responsibilities.

Ok lets not go with the big ones we want to settle with the small ones. People invest their money and more than that their whole enthusiasm and dream into a restaurant. They become creative and design their restaurant to their best. This will be their dream project, they will think people will appreciate their work of art in the design of the restaurant and will be attracted to it. Media someday will come to their place and ask “Well who designed this? we want to talk to the person?” and he/she will come out gracefully and say to the media “I am the guy/gal”. Well simple fact… I have not ever seen anywhere in the world that are being interviewed for the way restaurant or cafe looks? Well no…

Then comes the part of opening ceremony, now your restaurant is already setup with all your sweat and blood, lots of sleepless nights during construction period. Feeling good about spending money on something you dream of coming to reality. Good! well done!, now you are not in the position to listening to anyone, you feel like you are No 1. But you don’t realize yourself that restaurant is not only about ambiance or money you spend on it but its about the “PEOPLE” restaurant is not at all a business. It is a link between you and more people that come to your restaurant to enjoy more people together. It is a social enterprise that happen to be a business because it is visible to public so easily. Why? lets look at corner clothing store that is mostly empty and you see people only few times a day and you wonder how could they survive the rent they are paying. Whereas in a restaurant you see someone every-time you look into it and dream about owning such place where you count each person as thousands and be millionaire quick. Well well, this is not the case how you approach a restaurant, as I said earlier restaurant is not a business at all it is a social place where people come to hang out and enjoy their life, just like a park. If it is not enjoyable enough you see no one around. No one realizes this, for this you need to have a big vision of what you are going to achieve out of this. If you are looking after money then forget owning a restaurant, dream big. Dream about becoming a social organisation that serves your society and fulfills every needs they want after someone gets back from their work. Everyone is a soldier during the day, following rules, regulations, following work ethics and doing whatever possible to please the people around them. At the end of the day ever human being needs a place to setback and let go of their control and sit relaxed for a while, may be listening to music, or sipping a cup of coffee, or a couple of beers may be. Do you actually know the place like this where they will go? well this could be the answer, this is where people wanna be, this is where crowd goes. We must realize the psychology behind a restaurant, we must own a peace of art where people feel comfortable to sit around. Food, really? the ambiance is good enough isn’t it? restaurant by the name is the place to hang out with good food. Food and good food is a must. In doing so we must work on menu and the food presented. In having a good food consistently is a big challenge in a restaurant, some cooks are well in cooking and can produce exceptional food but others are not perfect enough to cook the same quality. It is not due to the ability of the cook but it is because they actually don’t know the recipe. A descent cook with well written recipe in hand can cook exceptional food, so before owing the restaurant, it is essential to have a menu in place and know exactly how much is the food cost and at what price are you willing to serve customers. This is the major issue of owing a restaurant, in Nepal 98% of restaurant owners are unable to determine the menu or food cost of their own restaurant they own. They rely on the so called “Chef” they hired for certain amount of money to decide on the faith of their own restaurant that had cost them 1000X more than the salary they paid to the guy responsible currently. Doesn’t this seem a daunting business? I might not be a good writer or a blogger. I might have used so many repeating words that could have avoided but I just want to express my feeling about this topic. Lets look at a employee that works in your cafe or restaurant. Where is his career path? what have you planned for his future? Are you willing to give up 50% ownership of your business after he works for you for 10 Yrs? Well NO!!!! then why would someone work for you in minimum wage and be your faithful cooking best dishes for your cafe/restaurants. Have any individual restaurants planned enough for their employees? no not at all. That is why restaurants collapse, that is why good cooks are not available in market because they don’t see future in your organisation. Are you really an organisation? are you planning to expand to be multi-branch brand or just a restaurant that serves you some money to feed your family. This is a major question to ask before owning a restaurant, unless you prove a point why this restaurant exist in this society there is no point in using another space in town and spending your hard earned money into creating rubbish that is for sure going to go down in no time. For further discussion on this topic I welcome you to join in comments .. with me .. i would like to extend this blog into something that can help people to save their hard earned money to get into drain…

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How To Create A Business Plan?

How To Create A Business Plan?

A business plan is a guide which outlines the business’s goals and provides details on the plan to achieve those goals. When writing a business plan, it is common practice to include certain key sections.

Executive Summary

This is the first section of the business plan and provides a high-level summary or snapshot of the business. The executive summary is like the introduction of the business plan and as some people may not read beyond this section, you need to ensure it is high quality so that it captures the readers’ attention. The executive summary should outline the mission statement and objectives and ideally should include a sentence or two on every other section in the plan.

Company Description

This section describes what the business does and begins by including some basic information about the company such as the official name, location and size of the business. A key part of this section is a description of the problem that the business solves and the customers that it serves. The company description can also include an overview of the products/services you plan to sell and the target market, but specific details should be left for later sections.

Products or Services

This part of the business plan focuses on the product or service that your business sells and the value it provides to customers or clients. It should be clear what the purpose of your product/service is and how it fits into the marketplace. This involves researching competitors to find similarities and differences with a focus on how your product/service stands out in the market.

Organization and Management

This section focuses on the structure,  management  and key members of the organization. The structure of the business depends on the type and size of the organization while the description of the management team should outline who will be running the company along with some details on their skills and experience. This information can also be included for other members of the business and displayed in an organizational chart so it is clear on everybody’s roles and responsibilities.

Market Analysis

This section provides an in-depth analysis of the industry you wish to operate in starting with an industry description and outlook which reviews both the current and expected future state of the market. The market should be segmented into groups and then the target market identified and analyzed. If market research is used then results should be included in this section. Finally, competitive analysis should be included which evaluates competitors’ strengths and weaknesses and considers barriers to entry. 

Marketing Strategy

This builds on the market analysis section by explaining how to attract new customers and promote your products or services to increase sales volume. Marketing strategy utilizes the marketing mix – product, price, place and promotion. These are the key concepts which need to be considered when constructing a marketing strategy and should be closely related to the product’s USP. When creating a marketing strategy for a service then people, physical evidence and process is added to the original marketing mix.

Strategy and Implementation

This section focuses on the organization’s strategy and how it will go about implementing it. A commonly used tool is SWOT analysis which helps you develop a  strategy  by forcing you to account for all the internal and external factors which impact the business. Internal factors can be split into strengths and weaknesses while external comprise of the opportunities and threats present in the market environment. 

Financial Projection

Financial  projections are arguably the most important part of any business plan as they can often determine whether or not you receive funding. It is also regarded as the most challenging as it depends on your ability to accurately predict the future. The key financial projections included in this section are the sales forecast, income statement, cash flow projection and balance sheet. 

This section should start by restating the opportunity and reviewing the key points of the business plan. The vision of the organization should be clear and the steps the company will take to achieve its strategic goals should be outlined. To attract investment, it is important to justify why the business will be a success so the focus here should be on the strengths of the organization such as a strong management team or marketing expertise. 

This is the final section of the business plan and should start by listing references of the sources that were used to write the plan such as company websites or databases. Also included should be any additional documents which were not included in the main body of the business plan but would be useful if the reader requires a more detailed understanding. This can include charts, graphs or tables to supplement other parts of the plan such as data from a market study.

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How to Write a Restaurant Business Plan + Free Template

restaurant business plan in nepal

You have cracked the recipe for good food & great ambiance and are planning to start a restaurant, fantastic!

Whether starting a cozy corner cafe, a theme-based fine dining restaurant, or growing an existing one, you will need a restaurant business plan as a roadmap for your business success.

But writing a business plan is complex, isn’t it? That is why we are here with our comprehensive restaurant business plan template to help you in writing yours.

Key Takeaways

  • Highlight the concept of the restaurant along with the ambiance, types of cuisines, customer base, and USPs of the restaurant in the plan.
  • Utilize tools for SWOT analysis to assess your strengths, weaknesses, opportunities, and threats for making informed decisions.
  • Craft an impactful executive summary that outlines your restaurant’s concept, marketing approach, financial outlook, and team expertise to attract potential investors and partners.
  • Conduct thorough market research to understand market trends, consumer preferences, and the needs of your target market.
  • Analyze the competitive landscape, and identify direct & indirect competitors, to develop strategies that maintain your restaurant’s competitive advantage.
  • To ensure efficient daily operations, provide in-depth operational plans that incorporate staffing, additional services, inventory control, and customer service.
  • Create realistic financial projections for sales revenue, expenses, and profit forecasts while considering contingencies & emergencies.

Why is a restaurant business plan important?

Crafting a restaurant business plan is daunting but its significance cannot be underestimated. It is essential to drive your business toward success.

In the competitive atmosphere where there are 700,000+ restaurants in the USA, having a proper plan will help you get funding and better adaptability in a constantly changing business environment.

Even if funding isn’t a primary concern, a plan provides the restaurant owner or manager with clear direction on how to create actionable strategies for reaching business goals.

Your business plan will also help solidify the viability of the restaurant’s idea and concept.

In short, think of it as a guide for running all the aspects of the business smoothly.

How to write a restaurant business plan: Step-by-Step Guide

Since we are talking about a restaurant business plan; let us walk you through this restaurant business plan outline step-by-step without any delay:

1. Executive summary

An executive summary is the first section and the most significant section of any business plan. It captures the essence of your whole plan summarizing it for a quick understanding of your business.

Think of it as a sneak peek for the readers that draws their attention to the entire restaurant business plan.

You should start your summary with a compelling introduction with the name of your restaurant. It should also focus on the essence of your restaurant concept.

Give a brief overview of your unique selling points, emphasizing what makes your restaurant special. It might be the signature dishes, innovative ambiance, prime location, or some new cuisine experience.

Apart from the above essential points, your executive summary should include:

  • Mission statement
  • Vision statement
  • Execution structure
  • Potential costs
  • Expected return on investment

Many readers will read the executive summary before making a judgment, so if this is all they read, make every word count.

Also, SBA advises to include financial projections in your executive summary if you’re using your business plan to request funding.

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2. Company Overview

Company overview is a part where you fully introduce your restaurant business including legal business structure, location, and your restaurant’s proposed concept.

Here you have the liberty to be a little more creative in describing your restaurant in the whole business plan.

Here are some points to incorporate in the company overview:

  • Detailed vision and mission statement
  • Type of restaurant (fine dining, small restaurant, bistro, cafe, etc.)
  • Legal business structure
  • Service style
  • History and background of the restaurant (if existing)
  • Owners’ names and qualifications
  • Cusinies & menu highlights
  • Restaurant size and seating capacity
  • Operating hours & meal plans
  • Related service availability (delivery, catering, etc)

Mainly emphasize the chosen location because easily accessible locations with high foot traffic will attract more walk-in customers. And if you haven’t decided on a specific location yet, then mention the type of place you are looking for to give an idea about it to your readers.

Besides, mention the short-term and long-term goals of your restaurant business in the later part of the company description. Along with that mention regional industry trends and your USPs.

restaurant business plan in nepal

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3. Market analysis

The market analysis section provides you with a clearer picture of your target market, competitors, and industry trends.

Based on the above details, one can make informed decisions while creating strategies. Therefore, make this section precise and concise to understand.

Here are some steps to follow to write an engaging market analysis section of the restaurant business plan:

  • Define your customer base: Identify and describe whom you are going to serve. Make a consumer base after considering the demographics, location, and concept of your restaurant.
  • Competitive analysis: List out the names of other restaurants in your location and do the SWOT analysis. You can get the competitive advantage of your restaurant this way.
  • Market trends: Discuss any shift in consumer behavior like healthy choices, an increase in vegan food consumption, or technological breakthroughs that might affect your restaurant.

Consider conducting market research, TAM-SAM-SOM analysis , and SWOT analysis to get insights for this section.

Remember, this section helps your readers and potential investors understand your target market, restaurant market overview, market size, and growth potential, so make sure you play your cards right.

4. Sample Menu

The most vital step in launching your restaurant business is the menu. A well-curated menu design will sell itself for your restaurant. Even if you are a new restaurant, then present the sample menu with the name and logo of your restaurant on it.

The menu will showcase all the unique offerings your direct competitors might not provide. Not just the list of cuisines but the pricing is also crucial. This way potential investors and readers can understand your restaurant’s target price point.

Plus your menu should be in sync with target customers; for example, a restaurant near the university should contain more beverages and delicious food options for brunch as students prefer those things more.

Consider your menu as a part of branding, choose the same theme for the menu as for the restaurant.

5. Restaurant Design

Restaurant design is the part where you can show your restaurant concept to potential investors and readers practically. Moreover, create a mood board to explain things smoothly.

Utilize this section to show the uniqueness of your restaurant, and how it is different from competitors.

Explain how your design represents your restaurant’s branding and visual identity. Furthermore, mention how your target market will enjoy and appreciate the ambiance you plan to provide.

Note that restaurant design is one of the key elements to running a successful restaurant, so match the theme and cuisines accordingly.

In this section, you also have to provide a detailed description of how many seats are going to be there along with the floor plan of your restaurant.

6. Management Team

As the name suggests, the management team section of your restaurant’s business plan introduces restaurant owners, key executives, and the management team. It also incorporates the experience, qualification, and restaurant industry knowledge of every individual who is on the team.

A strong management team section can be essential to weigh authority and help potential investors be confident about your restaurant’s idea and vision.

You might consider including the following information in the management team section:

  • Business owner or founder’s information
  • Executive chef and culinary team
  • Front-of-house manager
  • Operations and back-of-house team
  • Advisors/consultants
  • The organizational structure of the team

Showcase how each member fits and what roles & responsibilities they will play.  You should include a resume-styled summary for each person in the restaurant’s management section.

7. Operations Plan

The operations plan section outlines the daily business processes and activities centered on achieving the restaurant dream and objectives described in the rest of the plan.

A detailed operations plan helps you and your team define your responsibilities, daily tasks, and short-term goals you need to achieve, keeping track of your long-term objective.

Here are a few key elements to include in your operations plan section:

  • Staffing and training
  • Operating hours
  • Operational process
  • Tools and equipment
  • Inventory control
  • Technology and software
  • Quality control measures
  • Customer service policies

Remember it should incorporate all important daily tasks. Also, an operations plan is a living document, you can change it often according to the change in the dynamics of the work.

Read More: The Ultimate Guide to Restaurant Operations Planning

8. Marketing Plan

Even with great food, prices, and ambiance, you won’t attract enough diners without marketing.

Thus, a well-crafted restaurant marketing plan is necessary to spread awareness and build a strong brand presence.

The marketing plan can help you streamline your marketing efforts and create impactful and effective marketing campaigns while keeping track of the projected budget and maximizing return on investment.

Hence, this is the section in which you give an idea to your potential investors about how you will acquire new customers and retain existing ones. This section should include:

  • Target market and their dining habits
  • Branding and positioning
  • Marketing strategies (website, social media accounts, etc.)
  • Marketing Calendar
  • USPs of your restaurant (unique ambiance, amiable staff, new cuisines in the local area)
  • Your marketing goals
  • Customer retention strategies (loyalty program, giving coupons or discounts on bulk orders or events)

Even if you are going to hire a PR agency for marketing, then mention it and the reason why you chose them.

After taking care of marketing, let us move further to finances.

Read More: Step-by-Step Guide to Restaurant Marketing Plan

9. Financial Plan

The financial plan is the most crucial and demanding section of any business plan. It is one of the deciding factors for potential investors, banks, or any financial institute to invest in your restaurant business.

This section of your plan details your restaurant’s financial information and how it will reach its financial goals or how much revenue potential it has.

Here are key components and statements that you should include in your financial plan section:

  • Pro forma profit and loss statement
  • Break-even analysis
  • Balance sheet
  • Sales forecast
  • Detailed cost analysis
  • Cash flow projections
  • Business ratios
  • Funding request
  • Tax considerations
  • Exit strategy

Before you create financial projections, know how many seats the restaurant will have and what services you plan to provide. This will help you in making realistic financial projections if you are going to start a new business.

Also, if you are asking for funding, then mention where you will utilize your funds.

We hope that this sample restaurant business plan will provide you with an idea for writing a successful plan.

Restaurant Industry Highlights 2024

  • Growth forecast : National Restaurant Association predicted US restaurant sales to reach $898 billion in 2022 which would further grow by 4% yearly to reach $1.2 trillion by 2030.
  • Technology is everywhere : Automation is helping staff maximize their efficiency by handling orders, deliveries, and communication effectively.
  • Sustainability & ethical sourcing : Eco-friendly practices such as minimizing food waste, avoiding single-use plastics, and ethical plus local sourcing are encouraged by customers.
  • Delivery is the new deal : People prefer deliveries over dining out as they are time-saving. So, there is an incline in the number of delivery apps and delivery services providing restaurants.
  • Kiosks are the preference : The number of people who prefer ordering and paying through kiosks is increasing due to the convenience.

How to Refine & Present a Restaurant Business Plan

Once you have written your entire business plan, it is time to read and re-read it and make it error-free. You have to be confident about every aspect of the plan before you present it in front of your audience.

Moreover, alter your plan to suit different audiences to enhance your communication. For instance, keep your plan professional and include all the growth potential, profitability, and ROI data when you present your restaurant business plan for seeking funding.

Also, when you present your restaurant business plan to potential partners or vendors, emphasize collaboration benefits and how it can help in their individual growth.

Apart from the above points, make sure your plan has various engaging visuals, interactive elements, and enhanced storytelling to present all the data interestingly. Thus, make a digital presentation of your plan to incorporate all the above things clutter-free.

Once you are confident, it is time to email your plan to the people already on your mind. And give a pat to yourself for finally taking that step.

Download a sample business plan for a restaurant

Ready to kick-start your business plan writing process? And not sure where to start? Here you go, download our free restaurant business plan pdf , and start writing.

This intuitive, modern, and investment-ready template is designed specifically for restaurants. It includes step-by-step instructions & examples to help in creating your own restaurant business plan.

The Quickest Way to turn a Business Idea into a Business Plan

Fill-in-the-blanks and automatic financials make it easy.

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Related Restaurant Resources

  • Restaurant Marketing Plan
  • Restaurant Financial Plan
  • Restaurant Operations Plan
  • Restaurant Industry Trends

Discover how Upmetrics can help you write a business plan

With Upmetrics, you will receive step-by-step guidance, customizable templates, 400+ sample business plans , and AI assistance to streamline your business planning process.

In fact, if you are not adept with finances, the financial forecasting tool Upmetrics provides will help you create realistic financial forecasts for 3 or more years.

Whether you’re starting a new venture or looking to grow one, Upmetrics offers the resources and insights you need to develop a successful & professional business plan that aligns with your goals.

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Frequently asked questions, why do you need a restaurant business plan.

A solid business plan is an essential tool for anyone looking to start or run a successful restaurant business. It helps to get clarity in your business, raise money, and identify potential challenges while starting and growing your business.

How to get funding for your restaurant business?

There are several ways to get funding for your restaurant business, but self-funding is one of the most efficient and speedy funding options. Other options for funding are:

  • Bank loan – You may apply for a loan in government or private banks.
  • Small Business Administration (SBA) loan – SBA loans and schemes are available at affordable interest rates, so check the eligibility criteria before applying for it.
  • Crowdfunding – The process of supporting a project or business by getting a lot of people to invest in your business, usually online.
  • Angel investors – Getting funds from angel investors is one of the most sought startup options.

What is the easiest way to write your restaurant business plan?

A lot of research is necessary for writing a business plan, but you can write your plan most efficiently with the help of restaurant business plan samples and edit it as per your needs. You can also quickly finish your plan in just a few hours or less with the help of our business plan software .

Can a good restaurant business plan help me secure funding?

Indeed. A well-crafted restaurant business plan will help your investors better understand your business domain, market trends, strategies, business financials, and growth potential—helping them make better financial decisions.

What's the importance of a marketing strategy in a restaurant business plan?

Marketing strategy is a key component of your restaurant business plan. Whether it is about achieving goals or helping your investors understand the return on investment—an impactful marketing strategy is the way to do it!

Here are a few pointers to help you understand the importance of having a marketing strategy:

  • It provides your business an edge over your competitors.
  • It helps investors better understand your business and growth potential.
  • It helps you develop products with the best profit potential.
  • It helps you set accurate pricing for your products or services.

About the Author

restaurant business plan in nepal

Vinay Kevadiya

Vinay Kevadiya is the founder and CEO of Upmetrics, the #1 business planning software. His ultimate goal with Upmetrics is to revolutionize how entrepreneurs create, manage, and execute their business plans. He enjoys sharing his insights on business planning and other relevant topics through his articles and blog posts. Read more

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Business Ideas

Business news, business plan, business strategy, business tools, 33 most profitable and successful business ideas in nepal [after lockdown 2023].

  • By Anup Joshi

restaurant business plan in nepal

Highly profitable business ideas in Nepal To Start with a low investment

Nepal is a landlocked country located in southern Asia. It has an area of 147,181 square kilometers and a population of approximately 29.1 million people. The official language is Nepali, spoken by about 44% of the population. The main religions are Hinduism (81%) and Buddhism (9%).

The business sector in Nepal is gradually growing, with several opportunities for new and innovative business ideas in Nepal. Nepal has many untapped markets, including tourism, agriculture, and manufacturing. In addition, the country has a young population and a growing middle class.

Despite of, great business opportunities here in Nepal, there are many challenges that business owners and startups in Nepal face, including a lack of infrastructure and limited access to capital. However, there are also many opportunities for entrepreneurs in Nepal. If you are interested in starting a business in this fascinating country, here are some business ideas in Nepal to consider:

Incense manufacturing

Incense manufacturing is one of the best manufacturing business ideas in Nepal as incense is used in religious ceremonies or daily worshipping. Hindus and Buddhists require it, but there are differences between incents used by the two groups of people. To start an incense business, you can make a small investment, then gradually produce all forms of different scented sticks so that you may capture your market share.

Candles manufacturing is another growing business ideas in Nepal that can be done at a minimum investment and is also a great manufacturing business idea in Nepal. Candles used to be in demand because of load-shedding. But now, with the end of power shortages, there isn’t much need for them anymore, so Candles business is dying out a little more every day.

Candles’ business was thriving up to a few years ago. Nepal would face load-shedding for hours, more in the winter months. A city like Kathmandu met 22 hours of power outages per day during this time – people had no choice but bought candles to light their rooms.

Nowadays, there is little demand left as residents have access to electricity 24/7 courtesy of recent infrastructure overhauls and efforts from our government; however, one can still make money selling decorative candles on special occasions such as birthdays through fragrant candles. Shops around town.”

Nepali people are obsessed with momo and Chowmin, so there is no shortage of restaurants serving these popular snacks. This is the evergreen and profitable business ideas in Nepal. If you want to start a business in the noodle industry by making Chowmin noodles, it’s good news! There are already many small-scale factories locally producing quality ingredients like flour needed for the recipe; all you need now is some marketing efforts.

Pickles and Jams

The Nepalese are enthusiastic about their pickles. Many of them eat it with every meal, whether that be breakfast, lunch or dinner – as well as snacking in between!

There is a huge demand for different pickled vegetables, and making your factory can put you on the road to success at only a minimal cost. You should focus on what kind of variety you want to make – like chilli peppers, raw mangoes, cucumbers, radishes, and mixed veggies?

Another area that would help strengthen sales could be digital marketing: there are plenty of other factories out there already, so try focusing more around this area when getting started, but don’t forget production either because without producing these tasty treats, then no one else will get a taste test. Yours too!

Fruit jam is another way you can make different products. It will give your customers more options and help increase the amount of money they spend on each visit to your store. These are the evergreen business ideas in Nepal that you can start from your home.

Highly Recommended Business Idea In Nepal

Plastic bag alternatives.

Plastic bag alternatives are one of the most profitable business ideas in Nepal. The government is imposing strict rules to discourage plastic bags, as they have a substantial environmental impact. It takes many years for these items to decompose, and there are alternatives such as paper or cotton that can be used instead.

Plastic bags are a staple in Nepali groceries and can harm the environment. Luckily, there is an alternative: paper or jute bags! There are also cotton ones for those who want a more classic shopping bag feel. You should research as many options for this business venture before deciding on one yourself- some will do better than others depending on where they’re sold (cities vs. rural areas). Good luck with your new sustainable business ideas in Nepal!

Soap and detergent

This is a highly trending manufacturing business idea in Nepal. There are many opportunities to start your soap and detergent business in Nepal. You need to create a plan of action for the most effective way to go about it, but once that is ready, all you have left is execution. Start with small-scale production; gradually expand as needed based on demand/customer satisfaction levels.

Creating product variety like organic soaps or bathing bars opens another avenue for consumers to want more choices.

Online Shopping / E-Commerce

These days, technology has revolutionized many things in our lives. It’s changed how we work and acquire knowledge and affects how business organizations make their sales. Nowadays, they can use an electronic selling method more efficiently than a traditional one because of the rapid growth in Internet usage. This new technological trend allows them to sell directly from websites which helps eliminate the need for physical space while increasing accessibility at the same time.

Online bakery Shop/ Online Cake Delivery

Like a cake and bakery shop owner, you are in the business of providing high-quality desserts. You can do this by serving various flavors and offering top-notch delivery services to your customers. As soon as people realize that they will receive delicious cakes at low prices with free delivery, it is sure that more and more Nepalis will buy from you!

Videography

Videography is one of the trolling business idea in Nepal. The videographers in Nepal make good money starting from 50 thousand and with a one-time investment.

In Nepal, a thriving small business, videography has a huge potential. It is an art where a video creator should know about lighting, sound, and camera operation. Hand-eye coordination knowledge and steady grip are essential for smooth footage creation.

A videographer can create visual presentations for corporations, record special events or celebrations, including weddings and ceremonies, and create functional program videos. They also have the option of editing by using software on their own. Gradually they will be able to grow in this career by developing a workplace such as television or advertising agencies, which is why Videography is a fantastic business opportunity for youths in Nepal.

Much more personally engaging than just stating facts about what one could do with a degree in video production

Photography

Being a professional photographer is an art that requires mastery of the tools and understanding of light, setting, and people. They should capture moments in their camera with hidden meaning for others to understand through just one photo. There are many types of photography, such as sports, nature, or the street; each shows us something different about what we are and where we live.

Photography is one of the popular career choices that people dream of becoming professionalized in. This is one of the best profitable business ideas in Nepal that anyone can start with a month of training.

restaurant business plan in nepal

With the web being such an image-heavy place, it’s no wonder that photography has become so extensive and useful for business purposes. If you want to start your own Photography Business in Nepal as a freelancer, there are many industry segments available to work with; like weddings or graduations, just name it! There may also be opportunities to work exclusively within specific fields where creativity can flourish (i.e., artistic photos). And don’t forget about uploading all those beautiful shots onto related websites and promotional materials!

Online Training

Through online training, people can learn about a wide range of topics efficiently. They are not bound to their physical location or time and distance. It is best for busy schedules because it allows us access to constant updates with new developments within the technology field and other subjects we require learning about constantly due to how fast-paced our world has become today.

The best part of online training is learning at your own pace. You don’t have to go back and forth between work, home, or school, so it’s flexible in time commitment. This will allow you to earn more money from a side gig and enhance your knowledge of the subject matter, which increases marketability when looking for jobs later down the line!

Software Reseller

A software Reseller is a company that typically purchases IT products or services from the manufacturer, distributor, or service provider for reselling to its customers. It acts as an intermediary between companies and their customers by creating and distributing software while fulfilling customer orders by selling said software. It operates within industries such as CDW, Insight Softchoice, SHI, and SOFTWARE-ONE. Software resale may offer additional services, including asset management and product fulfilment. This is the best business in Nepal for startup companies.

Business Directory

A business directory is a great business idea in Nepal to boost profits for any company, and it can be started with low investments in this digital age. There are only a few business directories in Nepal. So, this is one of best profitable business ideas in Nepal that you can start with a minimum investment. You can buy a shared or reseller hosting and create your business directory for less than a thousand rupees.

Generally, a Business Directory is an online business directory where companies provide contact information such as the primary names, phone numbers, and services offered by each store or organization. Profitable Businesses in Nepal must have a significant online presence. Hence, customers can search them easily on local listing websites, giving more people access who would not usually find your website themselves.

Maintenance Shop

There are many other maintenance and repair services needed to run any business. Some common ones include building, plumbing, roofing/roof repairs, paint jobs… the list goes on! With so many types of companies out there now, it can be challenging for people to search online to find all the information they need about each class in one place.

A maintenance shop is an evergreen business idea in Nepal. Every profitable business in Nepal needs maintenance and repair services to maintain its growth; these areas cover property such as buildings including brickwork or drainage problems, among others like painting or decorating that will give an appealing appearance aesthetically pleasing with aesthetic beauty which would

Glass Handicrafts

This is a new business idea in Nepal to start. If you have a hydrogen-powered flame or gasoline, creating glass is simple. You can recycle waste into new products by using innovative designs from other sources.

It is easy, even in remote areas. You can use a hydrogen flame (from PV-powered electrolysis) or a gasoline flame used by goldsmiths to make glass products such as plates and cups. For flat lids for canned goods, you’ll need recycled glass jars with either rubber rings or wax seals on top of them. This can be one of the best startup business ideas to start in Nepal.

Glass brick and glass shingle making

By transforming glass waste into valuable raw materials, it would be used to build greenhouses that are much more sustainable than polytunnel and plastic roof versions.

Water filter factory

A water filter factory is a great manufacturing business idea in Nepal that provides instructions on making ceramic water filters with local materials (clay, rice husk, and water) can be found here 74 and here 12. These allow for making a truck or rainwater clean enough, such as not possible from just chlorine/iodine alone due to algae particles in it.

Erasable notebooks for schools kids

Plastic notebooks could be used to save parents money, as they can erase the notes and use them again. This would only make a difference in one month, though.

Plastic film paper is an innovative way to save parents money on school supplies and pencils. It costs less than traditional notebooks, can be wiped clean with ethanol instead of buying new ones every month, and would pay off in a few weeks!

Plastic particleboard

This is an innovative startup business idea to start in Nepal . It is easy, and many few people are using this business idea. Using a simple method of melting plastic and pressing it together, we can recycle the waste into something new. The final product is not large sheets of material but has many small air pockets that are intentional in design. This makes for an easy-to-handle building material perfect for furniture or boxes with excellent structural integrity.,

Bamboo reinforced plastic

Bamboo fibers can be extracted from plastic film. Plastic films are obtained using trashed bags and interlaying them with bamboo fiber layers, turning the layer 90 degrees to avoid mixing materials. Although this process is complicated, it creates a sturdy material while being light-weighted compared to massive sheets made out of plastics alone. The good thing about these new products is that they don’t rot like natural bamboos do because they’re resistant to harsh weather conditions such as heavy rain or strong winds since there isn’t any rotting going on due to moisture exposure which would normally happen without adding a protective layer over it for example varnish but instead making use of recycled trash items (trash pieces).

Producing bicycle-powered machines for agriculture

Bicycle-powered machines for agriculture is a great and new business idea in Nepal that are used on the field and can be made light enough to transport up hills, unlike motorized ones that won’t have electricity.

Whether used on a field or not, the bicycle-powered machine can transport up and down hills more quickly than motorized machines. It would also operate without electricity- an exception being if there is a generator present.

Combined biogas fired / solar-powered food dehydrator

Combined biogas-fired and solar-powered food dehydrators could save energy by allowing a batch of air to saturate in humidity before exchanging it, heating incoming air with exhaust using an air-to-air heat exchanger. This device would allow you to dry foods during harvest when the sun is scarce, typically right at the beginning of the monsoon season.

This device will dry food during harvest time close to before monsoon when the sun is usually scarcer. It should save energy by letting a batch of air saturate in humidity before exchanging it and heating incoming air with exhaust air using a heat exchanger.

Electricity from pine needles

People could use pine needles to generate electricity without any harm. This process would not be dangerous, and it can cook food simultaneously!

The best electricity source for cooking food would be using pine needles (and other unused biomass) in wood/biomass gasification, then driving generators. This could also cook on the same device. There should be small intermediate storage of unpressurized carbon monoxide, but this has to have enough free space around so that a generator can run several hours after cooking is done (6-8 hours if they are going to cook twice per day). Storing more significant amounts of pressurized carbon monoxide is dangerous because even 0.05% air content will kill you with a 10% chance.

Travel agency

Many people from around the world visit Nepal to view its beauty of Nepal. So, a travel agency is always a profitable business idea in Nepal to start any time.

Register your company and open a dedicated serving point – a travel agency.

There are many benefits to opening up an office instead of having clients come directly to you or by using digital channels such as online chat, email, etc.… You will be able to meet face-to-face with customers, which is excellent for building relationships and trustworthiness in the long run. If they see someone behind their service provider (you), it’ll make them feel more comfortable, thus increasing conversions.

A barbershop is essential for any community. People go to a hair-cutting salon to look neat and clean, achieved through a simple haircut. If you know how to cut hair, you could open your own profitable business in Nepal (with very little startup capital). There are plenty of academies in the area that will teach haircuts too.

restaurant business plan in nepal

Beauty parlor and make-up

In today’s society, beauty parlors and makeup shops have become necessary for women in urban areas. They provide facials, hair styling/updos, make-ups (of different kinds), threading, etc. The high-income time of these salons is during weddings as they get the most profitable business in Nepal .

There are also opportunities to do freelancing work providing home service where you can learn the techniques from professionals at training courses or workshops organized by such companies, which impart knowledge on how to be proficient with your skills through seminars and demonstrations held at various places throughout the country before finally taking an exam whose results qualify candidates for jobs offered by employers looking out specifically for individuals equipped with this kind of specialized talent.

Renewable energy company

Renewable energy is a great option for remote areas where traditional energy sources may be unavailable or too expensive. A renewable energy company could provide a valuable service to these communities, helping to bring power and light to areas that would otherwise be in the dark. This would be a new and innovative business idea and could make a difference in the lives of people living in remote areas.

Fruit and Juice shop

The demand for milk and other dairy products in Nepal is increasing. You can join this community by opening a small shop selling ghee, paneer, ice cream, or plain milk.

In Nepal, most people are Hindu and have a sacred cow. They eat dairy products regularly. Many farmers in rural areas own cows or buffalo for milk production; with the increasing demand for these goods, you can start your own business by creating a small shop that sells different kinds of cheese like paneer and ice cream. Good luck!

Freelancing

Freelancing careers are becoming more formalized and the most demanding startup business in Nepal, and it’s a trend worth following. If you have an IT background or specialize in web design & development, app design & development, and system design/development, there is plenty of room for growth here.

Freelancing is the best business idea for web developers and people who have an IT background.

The future looks bright with prospects to work in the emerging science and technology sector, focusing primarily on Kathmandu. You can start small if needed, but keep scaling up your company when opportunities arise.

Electronics repairing

Repairing electronics, like phones and televisions, is in huge demand. With the growing number of people who use smartphones or have TVs at home, there is an excellent possibility that some might damage their gadgets by mishandling them or dropping them accidentally. Repair shops can be opened, so you will become an electronic technician if you master this skill.

You may start with opening your repair shop because repairing mobile phones has gained popularity compared to television since more and more people spend time playing games on their phones rather than watching TV shows anymore due to advancements in technology for creating better picture quality on bigger screens using flat-screen TVs which make previous versions redundant today..

Food stall or restaurant

Food stalls or restaurants are among the most popular business ventures in Kathmandu. The two top-selling dishes are momo and chowmin, with sausages, fried potatoes (Pakauda), samosas, puri tarkari, chatpatey pani puri etc as other choices to suit your tastes. You can start from low investment and gradually add spaces/items for a growing space – just make sure you keep it fresh! Food must be hygienic, so people will trust what they’re buying.

Grocery shop

You will find a grocery shop in every corner of town or city. The most common small profitable business in Nepal is the grocery shop. A grocery shop primarily sells fresh or preserved food and does not require any previous skills to open one; all you need is good behaviour towards customers.

You can start slowly by only selling instant noodles, biscuits, cigarettes, and confectionery items like sweets and chocolates, but then gradually add water jars as well dairy products like milk & yogurt, for example, vegetables too, into your inventory after finding a good place where it’s convenient to operate from such as having access to electricity, etc., set up accordingly so that everything else runs smoothly with ease – efficiently profitable!

website flipping

There is no doubt that starting and running your own website flipping business can be a great business idea to make some extra money. With hard work and luck, you can quickly create a profitable business by buying and selling websites. Of course, some risks are involved in this type of business, so it’s important to do your research and understand the market before getting started. But if you’re willing to take on the risk, website flipping can be a great way to make some quick cash.

How to start a business in Nepal?

Starting a business requires dedication, hard work, and continuous learning. It’s essential to adapt to market changes, seek feedback from customers, and stay updated on industry trends. Don’t hesitate to reach out to experts and mentors who can provide guidance and support along your entrepreneurial journey. Here are some key steps to start a business in Nepal.

Come up With A Business Idea and Research It:

Before starting a business in Nepal, you need to come up with a business idea. Think about your interests, skills, and the market demand in Nepal. Research various industries and identify opportunities that align with your idea. For example, if you have a passion for fashion, you might consider starting a clothing boutique or an online store. Conduct market research to understand your potential customers, competitors, and industry trends. This will help you make informed decisions and tailor your business to meet the needs of your target market.

Prepare A Business Plan:

A business plan is a roadmap that outlines your business objectives, strategies, and financial projections. Start by describing your business idea, products or services, and your target market. Include details about your marketing and sales strategies, pricing, and distribution channels. Consider the resources and funding you’ll need to start and run your business. Financial projections should include estimated revenues, expenses, and profitability over a specific period. Creating a business plan will help you stay focused and organized as you move forward.

Get Your Business Plan Now!

Choose a business structure

There are three main types of business structures in Nepal: sole proprietorship, partnership, and company.

The sole proprietorship is the simplest type of business structure. In a sole proprietorship, the owner is the business. The owner is personally liable for all debts and obligations of the business. A partnership is a business owned by two or more people. The partners are jointly liable for all debts and obligations of the business. A company is a legal entity that is separate from its owners. The shareholders of a company are not personally liable for the debts and obligations of the company. The best business structure for you will depend on your individual circumstances. If you are the only owner of your business, a sole proprietorship may be the best option for you. If you have partners, a partnership may be the best option for you. If you want to limit your personal liability, a company may be the best option for you.

Obtain The Necessary Permits And Licenses

Depending on the nature of your business, you may require specific licenses and permits from relevant authorities in Nepal. For example, you may need a trade license, tax registration, VAT registration, and industry-specific permits. These requirements vary based on the industry and location of your business. Research and identify the necessary licenses and permits for your business, and ensure you comply with all the legal requirements.

You can find more information about the required permits and licenses on the website of the Ministry of Industry, Commerce, and Supplies.

Some common permits and licenses that you may need include:

  • A business registration certificate
  • A trade license
  • A food safety license
  • A liquor license
  • A building permit

Register Your Business

Registering your business is essential to establish its legality and protect your rights as a business owner. In Nepal, you need to register your business with the Company Registrar’s Office, which falls under the Ministry of Industry, Commerce, and Supplies. Choose a unique name for your business and complete the necessary registration forms. Prepare documents such as identification proof, address verification, and the Memorandum of Association (MOA) and Articles of Association (AOA), which outline the company’s structure and rules. Submit these documents along with the required fees to the Company Registrar’s Office.

The registration process is different for different types of businesses, so you should contact the Office of the Company Registrar for more information.

Open A Bank Account

You will need to open a bank account for your business. This will allow you to deposit and withdraw money, and to pay bills and expenses.

Get A Tax Identification Number

Registering for tax purposes is important for any business in Nepal. You need to obtain a Permanent Account Number (PAN) from the Inland Revenue Department . This PAN will be used for tax filings and other financial matters. Familiarize yourself with Nepal’s tax regulations, including income tax, value-added tax (VAT), and other applicable taxes. It is advisable to consult with an accountant or tax professional to understand and fulfill your tax obligations. Additionally, open a separate business bank account to manage your finances effectively and maintain accurate bookkeeping records.

Get Insurance

It is a good idea to get insurance for your business. This will protect you from financial losses in the event of an accident or other unforeseen event.

Some common types of insurance that you may need include:

  • Property insurance
  • Liability insurance
  • Business interruption insurance
  • Employee benefits insurance
  • Market your business.

Once you have taken care of all the legal and financial requirements, you need to start marketing your business. This will help you to reach potential customers and generate sales.

Some common marketing strategies include:

  • Advertising
  • Public relations
  • Social media marketing
  • Direct mail marketing
  • Events and promotions

Select Perfect Location and Infrastructure:

Finding the right location for your business is crucial. Consider factors such as accessibility, target market proximity, and infrastructure requirements. Determine whether you need a physical storefront, office space, or if your business can operate online. Ensure that your chosen location complies with building codes, zoning regulations, and environmental standards. If necessary, obtain any required permits or approvals related to your chosen location.

Hire Employees:

Depending on the size and nature of your business, you may need to hire employees to support your operations. Before hiring, familiarize yourself with Nepal’s labor laws and regulations. These laws govern aspects such as minimum wages, working hours, and employee benefits. Establish fair employment practices and draft employment contracts that outline the terms and conditions of employment. Adhere to minimum wage requirements and provide a safe and healthy work environment for your employees. If you plan to hire foreign employees, you’ll need to obtain the necessary permits and follow the regulations set by the Department of Labor and Employment.

Build Proper Marketing Strategy:

Developing a marketing strategy is essential to create awareness about your business and attract customers. Identify your target audience and understand their preferences and behaviors. Determine the most effective marketing channels to reach them, such as social media, print media, or local advertising platforms. Establish an online presence by creating a website and utilizing social media platforms to showcase your products or services. Implement a mix of traditional and digital marketing techniques to effectively promote your business. Consider participating in local events, collaborating with influencers, or offering promotional discounts to attract customers.

Seek Professional Advice:

Throughout the process of starting and running your business, it’s advisable to seek guidance from professionals. Consult with lawyers, accountants, and business consultants who have expertise in the local business environment. They can provide valuable advice on legal matters, financial planning, tax compliance, and overall business strategy. Engaging professionals can help you navigate complex regulations and ensure that you are following best practices in your industry.

Nepal is a developing country with a young population. The literacy rate in Nepal is about 64%. The average life expectancy is about 67 years. According to the World Bank Group , The per capita income of Nepal is about US$700. The youths of Nepal are getting into entrepreneurship more often than before. The number of internet users in Nepal is 11.55 million in 2022 as per recent research. These data highly resemble the potentiality of new business. If done with proper research and marketing, anyone can succeed with great business ideas in Nepal.

Nepal is a potential market for many businesses. Business in Nepal has many opportunities in the agriculture, tourism, hydropower, and IT sectors. Nepal has a lot of potential for agro-tourism, combining agriculture and tourism. There are many opportunities for hydropower development in Nepal. So, with great business ideas in Nepal , you can start and succeed in Nepal in a short period of time.

This blog discussed the 33 best business ideas to start in Nepal. Comment below if you have any more business ideas in Nepal that are highly profitable and can be started with minimum investment. Contact Us if you need any support or help.

Anup Joshi

Daraz Group Announces Layoffs to Enhance Efficiency and Growth

Kathmandu, Nepal — February 28, 2024 Daraz Group, a leading e-commerce platform in South Asia and an Alibaba subsidiary, today announced a significant organizational restructuring

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UK Small Business Startups and Funding

  • Business Type
  • Business Plan for Nepalese Restaurant

Nepalese Restaurant Small Business Idea and Business Plan

Starting your own small business in the UK isn’t easy but having a properly developed business plan will help you achieve success.

To start a Nepalese Restaurant business in the UK, take the time and explain the idea via a business plan.

Understanding all of the aspects of the business idea will be the key to getting the Nepalese Restaurant business running like a well-oiled machine. The business plan you develop will help you organize the elements needed into a strategy that you can actually use to startup, by paving a clear road map as to what you need to follow for the lifespan of your business.

Starting a Nepalese Restaurant business isn’t easy, but when done right, it can lead to a lot of success.

To help you get started, you can use the free business plan builder tool to develop your own Nepalese Restaurant business plan.

The business plan template is very easy to use, is interactive and will quickly and easily help you create your business plan just by answering the needed questions about your small business idea.

Create your own Nepalese Restaurant business plan for free using the Business Plan Builder

The free business plan template builder is divided into a few easy to follow steps.

The free business plan builder template is provided by UKStartups.org to help you develop your own business plan. For step by step guidance, see the 5 steps below.

Once completed, the result will be a clean, professional plan that will help you start your own Nepalese Restaurant small business in the UK.

When you have completed your Nepalese Restaurant business plan, the next step will be to find available funding that will help, or to speak with a funding adviser who will assist you each step of the way to securing the needed funds to make your Nepalese Restaurant business startup.

If you are looking to limit your startup costs when starting up a Nepalese Restaurant small business in the UK, this free business plan builder tool will be it.

Starting a Nepalese Restaurant business is only one of the ways others have used this free business plan tool. There are hundreds of different ideas you can start, and if you need guidance, do reach out to a UKStartups expert to get the needed assistance and guidance.

Step 1. Your business information

To develop a proper Nepalese Restaurant business plan with the free business plan builder template, it is important to answer each of the questions about your business to the best of your abilities.

What is your business? What are the products/services you provide? Who are your customers? What are your goals…etc?

Having a clear explanation will help you create a in-depth business plan that you can actually use to start the Nepalese Restaurant business and to apply for needed funding to cover your startup costs.

Step 2. Projecting your revenues/income

The Nepalese Restaurant industry can have great results. Planning and projecting the financial figures to approximate what you will make each year is crucial to building a strong business plan.

What do you think your business will make from each of its products/services? Simply list your products/services, enter the appropriate financial figures (costs and expenses).

If you don’t have the figures, in many cases it is recommended to do a a bit more research on other Nepalese Restaurant businesses locally and within your own region to get an idea of potential revenue. You can do your best to estimate the figures and growth potential.

If you need assistance in projecting, you can always contact UK Startups funding experts for the help.

Step 3. Your business market

As a Nepalese Restaurant business, having a clear explanation of the market and industry that you are in will help you plan for the figure and will ensure you can take the business to the next level.

Explain your location of business, share specifics about your customers, showcase your competition and explain the advantages you have over your competition.

Step 4. The future plan

Starting your own Nepalese Restaurant business and getting it off the ground is important to you.

No matter if you’re planning on applying for government funding for your Nepalese Restaurant business or not, it is important to plan out the future and provide an explanation of how you will grow the business. This means explaining your marketing plan, your sales strategy and clearly outlining a growth plan for the next few years.

Be sure to break this down step by step to show how you intend on making sure your Nepalese Restaurant business can grow each year.

Keep in mind that often business plans are focused on key people. Be sure to discuss yourself, your role and any other key figures in the business as well.

Step 5. The financials

In the end, it all comes down to the financials. If you are seeking funding, or not – the business plan you develop needs to have clearly defined financials or projections. The business plan builder tool makes it easy to develop your financial charts by simply entering your expected revenues per month and year. If you don’t have the figures as it’s a new business be sure to project the figures based on your expectations. If you need help with this, ask the UK Startups experts .

A clear breakdown of your funding needs is also recommended in case you are seeking funding and this free business plan template will help you with exactly that. When developing your Nepalese Restaurant business plan using this free template, the above 5 steps are recommended in order to succeed. While there are other key points that will assist you in starting your business, finding funding...etc, the free template will help put you on the right path

Be sure to request a professional to review your business plan , to answer any questions you may have and to help you with the funding search once you’ve done the initial free template. You can request this directly via UKStartups.org and through the Small Business Startup Platform as a member.

If starting a Nepalese Restaurant business is just one of your ideas, perhaps considering other options, here are some popular small business’s others have chosen to startup

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Business | Bankrupt Etta restaurants bought for $4 million…

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Business | Bankrupt Etta restaurants bought for $4 million by Texas fintech entrepreneur, who plans to grow the brand

Johann Moonesinghe, 41, CEO and co-founder of the Austin, Texas-based restaurant startup inKind, at the Etta Bucktown restaurant on in Chicago on April 29, 2024. He purchased the Etta restaurant group out of bankruptcy. (Terrence Antonio James/Chicago Tribune)

Johann Moonesinghe, 41, CEO and co-founder of Austin-based restaurant fintech startup inKind, completed the acquisition April 16, according to court filings, setting the table for Etta to pay off its secured creditors, emerge from bankruptcy and focus on its acclaimed flame-kissed fare.

“Etta is a phenomenal concept,” said Moonesinghe, who was in Chicago Monday visiting the original Etta Bucktown restaurant. “I think it’s highly scalable, great food, wood-fired cooking. Our intent is actually to grow Etta as a brand.”

Launched in 2018, Etta’s hearth-centric menu of pizza, grilled meats and other offerings was an instant hit, spawning far-flung spinoffs. But more recently, the small restaurant group has been embroiled in an internecine ownership battle and financial struggle.

The restaurant group under former owner David Pisor accumulated millions in debt as it operated two Etta locations in Chicago, standalone outposts in California and Arizona, as well as Aya Pastry in the West Town neighborhood. Etta shuttered the Culver City restaurant near Los Angeles in December and abruptly closed the River North location in January.

Pisor sought Chapter 11 protection Jan. 18 for Etta Scottsdale, adding the Chicago Etta restaurants and Aya Pastry to the filing Feb. 1 in a Delaware bankruptcy court.

The Bucktown and Scottsdale Etta restaurants have remained open during the bankruptcy process, as has Aya Pastry, and all three locations are making money, Moonesinghe said.

But Etta owed about $1.8 million to Wintrust Bank, the senior secured lender, and $1.3 million for a 2017 Small Business Administration loan. Pisor’s restaurant group also owed significant unsecured debt, including about $1.8 million to inKind, Moonesinghe said.

“I actually gave him more money in January, which obviously I wouldn’t have done if I knew he was going to file for bankruptcy,” Moonesinghe said. “But it kind of happened really fast.”

A tech entrepreneur who previously created a restaurant incubator in Washington, D.C., Moonesinghe moved to Austin and launched inKind in 2017. The innovative financing model supplies capital to restaurants in exchange for food and beverage credits that are sold directly to customers.

Restaurants get upfront cash with no debt, diners get 20% back on future meals when they use the app, while inKind gets $9.99 in monthly subscription fees from customers, as well as a markup on the food and beverage credit.

The exterior of the Etta restaurant on W. North Avenue in Chicago on April 29, 2024. Johann Moonesinghe, CEO and co-founder of the Austin, Texas-based restaurant startup called inKind, purchased the Etta restaurant group out of bankruptcy. (Terrence Antonio James/Chicago Tribune)

The platform has raised $180 million in funding for about 1,700 restaurants to date, Moonsinghe said. It has also generated increasing revenue for inKind, which brought in $47 million in 2023 and is projected to hit $200 million this year, he said.

“We’re growing very quickly,” Moonesinghe said.

Moonesinghe co-founded inKind with his younger brother, Rajan Moonesinghe, 33, who was killed in a police shooting outside his Austin home in November 2022. An Austin police officer was indicted by a Texas grand jury on one count of deadly conduct and placed on paid administrative duty pending resolution of the criminal charges.

While inKind does not own and operate restaurants, Moonesinghe has taken the plunge through a side gig, recently opening The Guest House in Austin. As a creditor with $1.8 million on the line, he decided to pursue the Etta group through a bankruptcy auction.

On Feb. 2, Chicago-based restaurateur John Leahy made a $600,000 stalking horse bid for the restaurant assets, setting a ground floor for other investors to step up and buy Etta. Leahy also agreed to make a $140,000 loan, if needed, to cover payroll and other expenses.

The $4,050,000 offer by inKind was determined to be the highest bid April 5, and the sale closed April 16, according to court filings.

“We obviously got the price materially up, which will get a really good result for the creditors,” said Matt McClintock, a Chicago attorney representing Etta in the Chapter 11 bankruptcy filing.

McClintock said Wintrust, the senior secured lender, would likely be paid in full, while unsecured creditors would also receive a share of the sale proceeds.

Etta was formerly part of the nearly 10-year-old Maple & Ash restaurant group. Pisor sued his former partner, James Lasky, during an acrimonious split in 2022. A settlement agreement in January 2023 resulted in Pisor getting the Etta and Aya Pastry restaurants, while Lasky kept the Maple & Ash steakhouses in Chicago and Scottsdale, which are two of the top-grossing restaurants in the country.

Investors are engaged in an ongoing lawsuit against Lasky’s Maple & Ash management company, alleging misappropriation of restaurant funds, including more than $7 million in Paycheck Protection Program loans received during the pandemic.

The Etta restaurants are not party to that lawsuit, but the group struggled financially after spinning off under Pisor, according to the court filings.

In his inaugural 2018 review , then-Tribune food critic Phil Vettel extolled Etta’s wood-fired cooking, pizzas, pastas and salads served in a relaxed, neighborhood setting.

While Moonesinghe has ambitious growth aspirations for Etta restaurants in “lots and lots of markets,” job one is shoring up the existing locations.

Reopening Etta River North, however, may not be in the cards. Moonesinghe said he is attempting to negotiate a lower rent for the location at 700 N. Clark St., which opened in 2020 but saw its lunch business fall off amid the diminished post-pandemic downtown landscape.

Chicago office buildings are still at 55% of pre-pandemic occupancy levels, according to the latest weekly report by Kastle Systems.

“We’re working with the landlord to figure out if we’re going to keep the lease or not,” Moonesinghe said. “And we haven’t made that decision yet.”

Etta has about 150 employees between the three open restaurants. Making sure the employees are paid on time after snafus delayed checks during the bankruptcy is a priority, Moonesinghe said. Beyond that, he intends to immediately “bring people back up to salaries that make sense,” even if it affects short-term profitability.

Moonesinghe said he also wants to reinvest in the brand to make some changes and updates in preparation for rolling out Etta’s “approachable” neighborhood concept nationwide, a potential outcome that seemed off the table when the year began with closures and bankruptcy.

“We’ve obviously got to stabilize the ones that are open and make sure that they’re doing OK, but after that, I think it’s a nationwide expansion,” Moonesinghe said.

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Ginger Restaurant

Photo of Ginger Restaurant - Eureka, CA, US. Bulgolgi

Popular dishes

Ginger Orange Chicken

Ginger Orange Chicken

Pork Belly

Steamed Bao Bun

Crispy Eggplant

Crispy Eggplant

Fried Taro

Korean Fried Pork Tenderloin

Fried Bao Buns

Fried Bao Buns

King Oyster Mushroom Bao Buns

King Oyster Mushroom Bao Buns

Marinated Beef Shank

Marinated Beef Shank

Spaghetti

Budae Jjigae

True Bon Chon

True Bon Chon

Location & Hours

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Map

1835 4th St

Eureka, CA 95501

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Photo of Ashley S.

Clean, nice ambience with good service and quick food. Fun jazzy music playing in a revamped space that used to be China Buffet. Got chicken skewer app, was yummy. We got bulgogi (totally solid choice), Kim chee (very nice) and the fried taro (yum! we thought it would have a sauce, but it's just fried taro bits). Of course it came with rice and the side pickle guys. The broth that came with my husband's meal with delicious. Thanks! We'll be back.

Photo of Sarah C.

Let me start by saying I am half Korean. My husband and I come up for business in Eureka once a month, and struggle finding any good Asian food in the area. When we saw this restaurant was new and featured both Korean and Chinese food, we decided to give it a try, though expectations were low looking at other reviews and pictures of the food. Yet, we are daredevils and decided to give it a go for a lunch outing. Upon entering the place wasn't very Asian looking on the inside. Not sure what to call it, kind of a modern American diner feel, but not in a posh way or anything like that. Pretty basic and neutral. That's fine as a lot of dive looking places can crank out some of the best food you've ever had. We were greeted and seated immediately by the waitress and our drink orders taken. It didn't take long to get our drinks. After waiting a good 15 minutes, she was the only waitress, so understandable we noticed there was a QR code on the table to scan and place your order. Just as I submitted the order the waitress came over and apologized for the wait. Again understandable as there were 4 occupied tables and only the one waitress and she was busy re-filling drinks and bringing food out to people who were there before us. After 5 minutes of ordering she came out with what she called bon chon. I say it like this because in no way was the bon chon, true bon chon. If you want kimchi you have to pay $5.99 to get any. What we did get was some cold chinese steamed cabbage thing. It was actually pretty tasty, but again, not bon chon. Then there was the kungnamul (bean sprouts), obviously they couldn't source actual korean bean sprouts with the yellow heads, and that's understandable but the flavor was very bland. The third item was supposed to be kkakdugi, korean spicy cubed radish. It was so dry, and again lacked any real flavor or spice. If you eat at korean restaurants you know that you can base how good they are going to be by the quality of the bon chon. It was apparent at this moment that it was a good decision not to pay for the kimchi. I also order the pan fried mandu, dumplings, this came out about another 5 minutes after the bon chon. The filling was a weird bordering mushy texture with absolutely no seasoning whatsoever. Even dipping them in the soy sauce couldn't help them. My husband who will literally eat anything even if it's bad couldn't stomach a second one. Major disappointment, as the cooks appear to be Chinese, and dumplings/potstickers is a staple in Asian cuisine. Hard to mess it up, yet they managed to. We then got our bowls of rice, which should come out with the bon chon, and the crispy eggplant we ordered after seeing other reviewers saying it was good. It came out room temperature and wasn't all that crispy. It tasted heavily of fish sauce and ginger. My husband and I downed our drinks while eating it, we didn't want to waste the food and it was edible in a mediocre way. Finally the galbi came out. Galbi is one of those korean dishes that even non korean people can make and it comes out tasty. I thought for sure it would be the safest bet on getting something delicious to eat. It was salty. It was very chewy. Some parts inedible due to hard pieces of cartilage. Galbi is traditionally marinated in soy sauce water brown sugar and an onion and pear puree with garlic as well. It's supposed to be sweet and savory, like a korean teriyaki sauce, but less sweet than teriyaki but you still have sweetness. This had zero sweetness and tasted as if they just dunked them in soy sauce and garlic and called it a day. With tax and tip we paid $65 total for dumplings, crispy eggplant, and galbi, and one drink, as one of us only got water. In summary, I am sure the Chinese dishes likely tasted better, though the eggplant was a miss, but the Korean side not so much. I really didn't understand why the soups all come with American cheese, that is not the best way to try and do fusion food. It's understandable in buddae jjigae but not for kimchi jjigae or soondubu jjigae and certainly not in bibimbap either. Please, if you want to eat here, do not base Korean food by what they serve. Unfortunately if you live in Eureka you have to drive 4 hours south or however long it takes to drive to Sacramento to get any kind of decent Korean food. Or Chinese food for that matter.

restaurant business plan in nepal

Pretty delicious *Cheese corn = absolutely delicious, flavorful. Cheese combo with rich in flavor and just the right amount of stringy *Ginger orange chicken= very good! Some of the best orange chicken I've had in Humboldt, crispy with a nice flavor. Could have been a little more flavorful. *Korean pork belly = tasty! Thinly sliced and great flavor. *Korean fried pork tenderloin = texture was good but the flavor just wasn't there. Super bland. *Thai tea= loved it, sweat and creamy.

Ginger Orange Chicken

Meh. Rather bland. Korean-ish food made for the dullest white American palate. This IS California not Kansas, chef.

Photo of Liz B.

The food was amazing. We had a party of 9 and all of us enjoyed our meals immensely. and most of us took home leftovers. Portion size is good. The lamb Cumin, ramen bowls and chow meins were the favorites. Along with the fried bao buns and scallion pancake for appetizers. SUPER YUMMY!

restaurant business plan in nepal

Very good food and service! I will be back I had the pork belly and it was delicious!

Inside

씨발이런걸 음식이라고 만드냐?? This is not korean food restaurant and nothing like korean food Be aware... in my opinion this restaurant owner never tried korean food. I ordered budae jjigae(korean army stew) I sincerely ask owner to take this off from menu or at least try what budae jjigae is. You are just fucking up reputation of korean food. If you wanna copy please copy it right i have no idea what this food is and why do you call this budae jjigae. Simply search it on google and make your own i guarantee you will make better budae jjigae.

Korean army stew

Korean army stew

Photo of Isabel O.

Kind service but we were served our food without any plates for us to eat off of...no one was bussing tables to plates stacked up while we were eating. I didn't so much like the taste of the food and I love Korean food in general but I am from the Bay Area and had the taste of many great Korean restaurants there. I liked the calm background music that was playing. I didn't like the clear view of the late doorway looking into the dishwasher employee washing the dishes the entire time. For some reason it was distracting me. Maybe a curtain or door there would be nice for the ambiance.

Dishes piling up no one bussing tables.

Dishes piling up no one bussing tables.

This bulgogi dish was tasty but we had no plates to serve ourselves our portions

This bulgogi dish was tasty but we had no plates to serve ourselves our portions

Photo of Charlie F.

The Best Korean style restaurant in Eureka in many years. We were very excited to try it out and we were not disappointed. Used to Korean food in Orange County, The Ginger is a welcome addition to our local food scene. Our favourite dishes this evening were Fried Chicken Skewers The Crispy Eggplant Sizzling Chicken Korean Army Stew Table service was excellent and prompt. The food was delivered fairly quickly after ordering. Saturday night with a moderate crowd. I'm going to try the bim bap bowl next time I go visit It was a Saturday night so moderate crowd

Fast service  Orange Chicken, Sizzling Chicken, Korean Army Stew, Fried Eggplant, Fried Taro and Asahi beer.

Fast service Orange Chicken, Sizzling Chicken, Korean Army Stew, Fried Eggplant, Fried Taro and Asahi beer.

Photo of Ray J.

I am hopeful that my next review for Ginger will be 5 stars. It's only been open 2 weeks, and they're still getting their rhythm down. For starters, our server. Mia, was great! She was pleasant, helpful, and professional. Our appetizer, Korean Corn Cheese, was a delightful start. The 4 of us opted to each order one (vegetarian) dish to share among us. First to arrive was the crispy eggplant, and it was the star of the show. Delicate, not greasy, and crisped to perfection. Next came the Ginger Stir-Fried with Green Beans. The green beans were a bit overcooked to my taste, but the rest of the party loved them. Our third entree was King Oyster Mushroom Bao Buns. I'm used to a lighter steamed bao bun. These were a bit dense and seemed to me to be undercooked. The filling, which you added yourself, was perfect: spicy and complex with just the right amount of sauce. Finally the 'chef's favorite' (according to the menu) Fried Taro and Pumpkin with Salted Egg Yolk Sauce, didn't do it for me. I have no idea how it is supposed to taste, but it was rather bland and didn't stay warm once it got to the table. I'm sure things will be tweaked, and I'll find my favorites. It was a new dining experience for me, which I always appreciate. I'll be back!

restaurant business plan in nepal

See all photos from Ray J. for Ginger Restaurant

3 other reviews that are not currently recommended

Humboldt Smokehouse

Humboldt Smokehouse

0.9 miles away from Ginger Restaurant

Jenny B. said "We drove over 340 miles to Hum-bolt California just to eat the food when we were at the redwood. And it was completely worth it. The only problem was we arrived on Saturday and we got there at after 6 and they didn't have any food…" read more

in Sandwiches, Mexican, Barbeque

Taco Bell

2.4 miles away from Ginger Restaurant

Cantina Chicken Menu

in Tacos, Mexican, Chicken Shop

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Does your business have a disaster recovery plan for a natural disaster?

restaurant business plan in nepal

Nepal Government helping Women Entrepreneurs with Loans

restaurant business plan in nepal

  • hospitality

restaurant business plan in nepal

How are restaurant businesses in Nepal suffering from cost overrun?

Until a decade ago, hospitality industry in Nepal used to significantly rely on foreigners in Kathmandu . However, we are witnessing a shifting trend in eating habits of Nepali people – they are now eating out more often and prefer non-Nepali food when they do. This might be due to the increase in disposable income of people. The food craze among the Nepali people has increased, which can be seen with the popularity of different food blogs, food related Instagram pages and Facebook pages in Nepal.

Currently, there are more than 400 restaurants and cafes serving different cuisines in Kathmandu itself. With this trend shift, we can assume that this food craze and culture will increase in coming days. Considering this, opening a restaurant or a cafe is seen as a good business opportunity for entrepreneurs to explore. But we have to understand that with every opportunity there comes a risk.

One of the risks while operating a business is cost overrun. 3 out of 5 businesses have cost overrun in the first year of operation and this trend continues thereafter. Cost overrun is a general phenomenon in any business, which holds true for restaurant business as well. Therefore, if you are thinking of starting a restaurant, you should consider some of the factors affecting cost overrun in the restaurant business.

Optimism bias

During mentorship session in Biruwa we have realized that most entrepreneurs tend to fall in love with their idea. They have optimism bias that the idea will work, without understanding actual investment needed, feasibility of their business and so on. They love their idea so much that they reflect this bias while preparing the budget as well. Rather than being realistic, they tend to modify the budget as per their fund availability. So, when they actually start the business, the cost tends to get higher than anticipated, which could lead to direct failure of business.

Change in business model

Many times investors are so confident about their business model and tend to think that it will work smoothly, which might not be the case for every business. As there is a gap between planning and execution, entrepreneurs are forced to change their business model, which eventually leads to higher investment requirements. For instance, there is a restaurant that wasn’t serving coffee items initially but had to add a coffee machine due to an extremely high demand from the customers. This lead to a change in their business model, which resulted in cost overrun. Had the restaurant owners assessed the need of their target segment carefully beforehand they could have avoided such cost overrun scenarios.

Lack of experience

The nature of restaurant business is quite different from other businesses in the sense that restaurant projects do not have a completion period. Though it would take some time to build an infrastructure, the estimation of a budget is for the continuous operation of the business rather than just the opening of the business. Therefore, in its long tenure, restaurants could have so many hindrances or barriers that could obstruct smooth operation of the business. Unlike other businesses, consideration of working capital needed for daily operations is crucial for restaurant businesses. Due to lack of experience of investors they tend to calculate the bulk amount and ignore those small but vital components of expenses, which could lead to cost overrun.

Lack of proper planning

In most cases, it is not only due to lack of experience of investors but lack of proper planning that triggers cost overrun. Many experienced individuals in the field tend to ignore the importance of proper planning and budgeting, which increases the amount of labor, resources and other materials needed at the time of execution. Due to lack of proper organizational structure and a vision for growth, the need for investment changes. This leads to increase in expenses and capital expenditure, which can be avoided with proper planning.

Business and regulatory environment

Another major problem faced by restaurant businesses is that a lot of the small players involved are extremely susceptible to  government policies. In case of Nepal, due to lack of stability in the government, policies keep changing unexpectedly and it creates a huge impact on businesses. For example, when the government recently created a provision for businesses to be legally registered in a government agency for sale and distribution of tobacco items. The law, if properly implemented, could seriously hamper a restaurant’s business. Due to such unstable government policies, cost of operating business rises significantly affecting overall operations of business.

Despite the proven importance of cost minimization in internal operations of a restaurant, it is common to see a restaurant failing or struggling to maintain the initial projection cost. Anyone who wants to get involved in restaurant business rather than being overly optimistic about the idea, should be practical enough to know the ground realities. They can also consult with experts who have knowledge in this industry or can have partners who have prior experience. To avoid cost overrun scenarios, a business should be flexible enough to adapt to changing business environment. No matter which business you choose to start, you should consider the importance of proper planning and the effect of business and regulatory environment.

However, despite the preparedness, sometimes cost overrun might also be due to bad luck and natural disasters, where events like earthquake, flood and blockade might occur unexpectedly which are beyond anyone’s control. But for this too, if the business has proper planning, then the possibility of cost overrun can be minimized to a great extent.

Why is financial planning necessary?

Agnesha Dahal

Agnesha Dahal

Comments are closed.

How Nashville restaurants are focusing on employee's mental health: 'Why aren’t we taking care of ourselves?'

restaurant business plan in nepal

  • The owners at Noko, which opened last year, have introduced a comprehensive employee wellness program that includes paid time off and free therapy.
  • Biscuit Love, a popular breakfast restaurant, employs therapists to bring mental health resources to staff members.
  • The restaurant industry as a whole has a long way to go when it comes to overhauling the culture and creating more healthy work environments.

It smells of smoke in the dining room of Noko in East Nashville.

A wood fire burns behind the chef’s counter , ready to sear the Asian-inspired modern restaurant's Tomahawk ribeye. Waiters, bartenders and cooks trickle in for the dinner shift. Sunlight streams in from the windows and pools on the floor. It’s peaceful. The calm before the storm.

At 4:30 p.m., everyone gathers for the pre-shift meeting. A familiar ritual.

They share what they are most grateful for. For Noko founder Jon Murray, it's a few extra hours of sleep — a scarce resource in this industry. Server Keith Josiah is grateful for an upcoming lunch with his niece.

Murray and his co-founder Wilson Brannock prioritize regular conversations with the staff about their challenges and successes to offset the demands of caring for so many diners. It's a necessary perk in an industry beset by a tight labor market and notoriously stressful working environments.

“We’re in the business of taking care of people," Murray said. "Why aren’t we taking care of ourselves?”

The heart-to-heart conversations at staff meetings are one facet of new benefits increasingly offered to Nashville restaurant workers.

Noko now offers comprehensive benefits rarely seen in restaurant work: Full-time employees have one week of paid time off every six months. Employees are also eligible for health, vision and dental insurance, a free gym membership and free telehealth therapy.

Staying focused on the positive aspects of life helps the team manage the swirling stress and dread that too often comes along with working in the hospitality industry.

The conversation during pre-shift is short, but it lightens the mood. There’s a busy shift ahead at Noko.

Just before 5 p.m., when the restaurant opens its doors, Tupac Shakur’s “Keep Ya Head Up” plays over the speakers.

A reminder.

The widespread problem of mental health in the restaurant business

A similar scene plays out every night in restaurants across Nashville, a city with one of the fastest growing hospitality industries in the country. The growth of the restaurant industry has coincided with unprecedented growth in the Middle Tennessee region and increased tourism in the city over the past few decades.

But while demand for restaurant and hospitality services has grown over the past several years, high food costs, inflation and skyrocketing commercial rent have battered an industry already weary from pandemic-related shutdowns.

It's an industry that requires long hours and very little time off. It's not uncommon for employees to work 10-hour shifts or longer. Decompressing after stressful shifts poses a challenge, too, and many turn to alcohol or illicit drugs to cope. When employees suffer from severe anxiety and depression, turnover is high, causing a vicious cycle of stress and burnout. In turn, customer service and reviews plunge.

Workers are also beholden to the demands of customers, who aren't always easy to please.

For business owners in Nashville who want to maintain staff, employee wellness has become one of the top priorities.

But it’s more than that, business owners say. For Sarah Worley, owner of popular breakfast restaurant Biscuit Love, employee wellness is about taking care of the staff in a holistic way, while also creating a positive place to work. She and her husband, Karl, set out to do that from the beginning. Solutions have included hiring therapists, offering employee benefits and building an uplifting culture.

“We had worked in good workplaces and bad workplaces,” Worley said. “Quite frankly, we wanted to create a place where we wanted to come work every day.”

Building a plan for employee wellness

During dinner service at Noko, things go from calm to controlled chaos in moments.

Fifteen minutes after opening, there are already ten groups seated in the dining room, and the phone at the host stand rings almost nonstop. Conversation swells as servers greet the tables, fill water glasses and take drink orders.

Bar manager Angel Lyle feels the pressure first. She has four customers sitting at the bar, which means she needs to greet them while juggling drink orders coming in from the dining room.

She makes four cocktails at once. Smoke from the chef's counter fire combines with the sharp smell of tequila, bubbles from a bottle of champagne. But her demeanor remains calm, especially when addressing the guests seated at the bar who ask about the tuna crispy rice and request to turn up the air conditioning.

It also heats up in Noko's kitchen, where cooks prepare small plates, most of which are either smoked or touched by open flame. Head chef Dung "Junior" Vo tries to gently yet firmly push his kitchen staff to improve every day.

“I just want the staff to come in and know that this job can be okay," Vo said. "It doesn’t have to be bad. It doesn’t have to be chaotic or unhealthy.”

Noko founders Murray, Brannock and Vo are hands-on during dinner service. With decades of hospitality experience between them, the trio knows how stressful the job can be. In 2022, they convened in Nashville to start Noko.

Mental health and employee wellness were among the very first topics of discussion when planning the business. They wanted to build a healthy place to work from the beginning.

“The three of us sat down and asked: 'What needs to change in our industry?'” Murray said. "During COVID, there was a mass exodus of people from hospitality. I don’t think that was by coincidence. How do we get people to keep coming back and create a life in this business?"

One primary challenge, they agreed, was the inability to take time off to recharge away from work. It’s not common to have paid time off in the restaurant business, and taking time away is nearly impossible when a restaurant is short-staffed.

Burnout sets in without breaks, and workers struggle to manage their mental health. That's where Noko's paid time-off policy comes in.

Another widespread problem in the restaurant industry is alcohol and drug abuse. It can be common for staff to self-medicate with drugs and alcohol, especially in attempt to relax after a stressful shift.

According to a 2015 report by the Substance Abuse and Mental Health Services Administration, accommodations and food service employees had the highest rate of illicit drug use and the highest rates of substance use disorder.

Murray himself has been sober for five years. Noko has a zero-tolerance policy for drugs and alcohol use before or during work. The restaurant also doesn't allow employees to have a shift drink after work is over.

"It’s a high-stress environment," he said. "The restaurant fills up, it’s busy for four or five hours, the restaurant empties. You’re taking care of people, so it’s easy at the end of the night of high stress to say: 'Hey let’s go get some drinks.' Before you know it, it’s three or four in the morning. That’s why I don’t drink anymore. It becomes a vicious cycle if you let it."

Fostering mental health at Biscuit Love

It was six months into Biscuit Love's first brick and mortar location when Worley knew she needed help.

She had a high standard for the workplace culture she wanted to build, but she didn't know how to start. As she continued to hire staff, they arrived with negative experiences and traumas accrued from other workplaces. Her staff wasn't equipped with conflict resolution skills, and sometimes didn't know how to decompress in healthy ways outside of work.

She turned to her own mother, who is a licensed therapist.

Worley and her mom didn't know exactly how the therapist job at Biscuit Love would work at first. She envisioned 10 hours in the restaurant per week, answering questions and acting as a professional resource for staff who were curious about improving their own mental health.

"How do we create a gateway drug to therapy?" Worley asked herself. "Everyone thought it was insane."

But slowly, Worley noticed a healthier culture emerging.

“We started seeing, for example, when someone was struggling at home, maybe with a teenager, they had someone with lived experience and professional experience to coach them through it," she said "It gave them a place to get it out, and they started showing up better at work.”

Now the staff care team is managed by Rachel Smith, who joined the team full time in 2023 when Worley's mom retired. Smith speaks fluent Spanish, which allows her to communicate with Biscuit Love staff members whose first language is Spanish. She started working at Biscuit Love as a server while she was studying to become a therapist. Now, she's celebrating nine years with the company.

"The biggest takeaway is that I'm able to connect with people in a different way," Smith said. "I think that's a really sacred thing."

No band-aid solutions to 'change hospitality forever'

While tools like paid time off and therapy have improved the workplace culture and staff mental health at restaurants like Noko and Biscuit Love, there's no one-size-fits-all solution for the widespread issue.

Murray and Worley are the first to say: restaurants have to make money in order to take care of their employees.

"I have investors," Worley said. "They've come to me and asked, 'Why are we doing this?'"

While the "why" is obvious to Worley, it helps quell investor concerns that staff retention rates are close to 87%.

That translates to cost savings in hiring and training new employees. High turnover can cause high stress for the staff who do choose to stay.

"When you’re short-staffed, someone bears the burden," Murray agreed. "And you see that in overtime hours worked. And you can see it in guest reviews."

As Biscuit Love has grown, staff care has grown with it. Now, Worley and Smith are in the midst of hiring a second therapist who can help with the new Biscuit Love locations in Birmingham, Alabama and Cincinnati, Ohio.

Worley has had to invent new solutions alongside the team at Biscuit Love. Solutions that aren't being deployed widely in the restaurant industry. She plans to continue holding a higher standard for her business so that her employees feel taken care of, whether they work in Nashville, Franklin, Birmingham or Cincinnati.

When it comes to making a permanent change in the restaurant industry, there is a long way to go.

Noko has been received warmly by the Nashville community in the first year it's been open. Business has been good enough to sustain the employee benefits program. But the leadership team is committed to changing the culture even outside the doors of the small restaurant.

"We’re moving in the right direction, but we’re nowhere near where we need to be," Murray said. "Our intention with Noko is to change hospitality forever for the better. That's a bold statement. We’re not going to do that by ourselves. We want to help be a catalyst for change for the better."

Reach reporter Molly Davis at [email protected].

  • Elektrostal, Moscow Oblast /

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IMAGES

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  2. Restaurant POS in Nepal।Restaurant Management Software Nepal।Best Restaurant POS in Nepal ।Rigo POS

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  6. How to make Business Plan in Nepali I व्यवसायिक योजना कसरी बनाउने नेपालीमा बिस्तृत I 2020

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    Business Plan in Nepal - Free download as Word Doc (.doc / .docx), PDF File (.pdf), Text File (.txt) or read online for free. A typical business plan for Nepalese context.

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  8. How can restaurant business in Nepal suffer from cost overrun?

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    Here you go, download our free restaurant business plan pdf, and start writing. This intuitive, modern, and investment-ready template is designed specifically for restaurants. It includes step-by-step instructions & examples to help in creating your own restaurant business plan.

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    the business, business principles, financial goals, business culture and spot of the business in the market overall. (Abrams & Barrows 2008, 61-63). 2.1 Mission MHDP (Mo:Mo house Dhaka Topi) will be operating with its completely new and unique menus with products hard to find among the competitors. This could have a positive impact on the

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  25. How restaurant business in Nepal can suffer from cost overrun?

    But we have to understand that with every opportunity there comes a risk. One of the risks while operating a business is cost overrun. 3 out of 5 businesses have cost overrun in the first year of operation and this trend continues thereafter. Cost overrun is a general phenomenon in any business, which holds true for restaurant business as well.

  26. A tall order: Managing mental health in Nashville's restaurant industry

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