Exporting Nepali handicrafts to European markets : To identify the challenges that companies have encountered when exporting handicrafts

Abstract

Export operations are important for the markets in any nation and the global economy in general. Larger economies of scale and better export margins can result from increased production. This thesis explains the export of locally produced Nepali handicrafts from Nepal (Nepali retailers) to European nations.

This thesis was organized into six sections: introduction, theoretical framework, objectives, methods, and data, finding, discussion and conclusions. This research attempts to present the fundamental concepts of a business plan to assist companies in developing an effective operating strategy. Even though developing a business strategy is more important for start-ups, all organizations should develop one.

In general, every business should have developed one, especially if they want to regularly evaluate projects to see if their goals have been met or have changed and evolved. A strong business plan should detail all the costs and risks of a company's decision. The primary objective of the research was to identify Nepali SMEs' difficulties when exporting valves to the European Union and potential solutions to those difficulties. Qualitative research will be used in this thesis research methodology. However, the interview questions created a theoretical framework based on the appropriate research topic.