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Loan Classification in Nepal and Loan Loss Provision : Performing, Pass, Watchlist, Non-performing

In the realm of banking and finance, loans play a vital role in the economy by providing individuals and businesses with the necessary funds to meet their financial needs. However, lending money always carries a certain level of risk, and it is crucial for banks and financial institutions to effectively manage and classify their loan … Read more

All About Starting a Bakery Business in Nepal

Bakeries have become increasingly popular in Nepal in recent years, with more and more people seeking out fresh, high-quality baked goods. From traditional Nepali bread and pastries to Western-style cakes and pastries, bakeries in Nepal cater to a diverse range of tastes and preferences. If you’re considering starting a bakery business in Nepal, there are … Read more

Standard Operating Procedure (SOP) : Overview, Importance and Samples

Standard Operating Procedure (SOP) is a set of instructions and guidelines designed to achieve a uniform approach to a particular task or process. An SOP provides step-by-step instructions on how to carry out a task, ensuring consistency and minimizing errors. In this article, we will discuss the importance of SOPs, their benefits, and how to … Read more

How to Start an IELTS and PTE Institute in Nepal and Make It The BEST One

Are you passionate about teaching and helping students achieve their academic and career goals? Starting a language institute for IELTS and PTE preparation in Nepal can be a rewarding and profitable business opportunity. With Nepal’s growing demand for English language proficiency and the popularity of IELTS and PTE exams among students, establishing a language institute … Read more

Indians can now pay using UPI in Nepal

India and Nepal have recently signed a trade deal that is expected to transform the way cross-border trade is conducted between the two countries. Under this agreement, Indian e-wallets will be used for cross-border transactions, eliminating the need for physical currency exchange. The deal is expected to benefit tourists, pilgrims, and traders, and is likely … Read more

The Ultimate Guide to Business Process Outsourcing (BPO)

BPO and its historical context Business Process Outsourcing (BPO) is a business strategy that involves the delegation of specific business processes or operations to an external service provider. The concept of outsourcing dates back to the Industrial Revolution, where companies would outsource certain tasks to third-party vendors to reduce costs and increase efficiency. However, BPO … Read more

Startup Loan in Nepal : Process, Eligibility, Quota, and Documents

Starting a business can be challenging, especially when it comes to financing. Many aspiring entrepreneurs in Nepal struggle to obtain funding for their business ideas. However, the Nepalese government has recognized the importance of startups and their potential for economic growth, leading them to launch a concessional loan scheme to support new businesses. In this … Read more

Practical guide to manage an office effectively (Includes PDF)

Effective office management is crucial to the success of any organization. Without it, productivity can suffer, communication can break down, and morale can plummet. On the other hand, when an office is managed well, employees are happier, work is completed more efficiently, and the business is more likely to thrive. In this article, we’ll discuss … Read more

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