Start up and possibilities of educational consultancy business in Nepal
GC, Manoj (2024)
2024
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https://urn.fi/URN:NBN:fi:amk-202405039014
https://urn.fi/URN:NBN:fi:amk-202405039014
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The aim of this thesis was to provide a comprehensive overview of establishing a start-up business in Nepal. This thesis explained the current state of educational consultancy business in Nepal. Other goal of this thesis is to offer entrepreneurs valuable insights into the process of establishing a consultancy business while ensuring compliance with legal norms and regulations in Nepal.
The purpose of this thesis was to provide comprehensive information, instructions, and suggestions for entrepreneurs navigating the complexities of business formation and operations in the Nepalese business landscape. Furthermore, the thesis seeks to examine the current state of the educational system in Nepal, exploring the reasons behind students opting for higher education abroad and identifying the factors driving the demand for educational consultancy services in the Nepalese context.
In the theoretical part, the research draws from a diverse range of sources, including books, articles, academic journals, online resources, reports, and statistics. These sources cover various aspects such as entrepreneurship, business planning and processes specific to Nepal, the educational system, overseas studies, educational consultancies, and the business model canvas. The empirical segment of this thesis is centered around interviews. The research methodology employed in this thesis is qualitative, focusing on data collection from primary sources through interviews. A total of six interviews were conducted, involving educational consultants.
The results of this research proved that starting an educational consultancy business in Nepal has a lot of potential. The existing status of education, unemployment, and other various factors, such as of students leaving Nepal each year to study abroad are increasing every year. As a result, the need and demand of educational consultancy business has grown significantly. Thesis results suggest that if the business is operated rightfully, it can be successful. Also, entrepreneurial prospect in Nepal is enormous, making Nepal an ideal place for entrepreneurs to establish any business.
The purpose of this thesis was to provide comprehensive information, instructions, and suggestions for entrepreneurs navigating the complexities of business formation and operations in the Nepalese business landscape. Furthermore, the thesis seeks to examine the current state of the educational system in Nepal, exploring the reasons behind students opting for higher education abroad and identifying the factors driving the demand for educational consultancy services in the Nepalese context.
In the theoretical part, the research draws from a diverse range of sources, including books, articles, academic journals, online resources, reports, and statistics. These sources cover various aspects such as entrepreneurship, business planning and processes specific to Nepal, the educational system, overseas studies, educational consultancies, and the business model canvas. The empirical segment of this thesis is centered around interviews. The research methodology employed in this thesis is qualitative, focusing on data collection from primary sources through interviews. A total of six interviews were conducted, involving educational consultants.
The results of this research proved that starting an educational consultancy business in Nepal has a lot of potential. The existing status of education, unemployment, and other various factors, such as of students leaving Nepal each year to study abroad are increasing every year. As a result, the need and demand of educational consultancy business has grown significantly. Thesis results suggest that if the business is operated rightfully, it can be successful. Also, entrepreneurial prospect in Nepal is enormous, making Nepal an ideal place for entrepreneurs to establish any business.