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Important points to consider when starting a business
Starting a business is a great way to create additional sources of income. There are many different businesses that you can start, this can range from monetising a hobby or skill, buying and selling products or providing a service to solve a problem that is in demand. It is important to start your business with…
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How to kickstart your goals and stay motivated
Once the excitement of a new year fades away, it is easy to also shelve your goals until later in the year. When you realise that the year is coming to an end and you haven’t accomplished what you wanted, this can be demoralising. I have experienced this many times. In this blog, I will…
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How I started my business without borrowing money
One area that stops a lot of people from taking that step of faith and starting a business is not having enough capital to start. Depending on the type of business that can be a huge barrier to starting however, I managed to start my business with no upfront capital and did not have to…
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5 Strategies to implement if you want to start a business but have no time
Many people would like to start a business, but always find it daunting because they are busy managing their current jobs, family and other commitments. It is always a very difficult balance to create however, it is possible. When I started Deep Pockets Finance (DPF), I was on maternity leave so I had additional time…
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Effective ways to find small business ideas if you are feeling stuck
Early on in my adult life, I knew that I needed ways of creating other sources of income, and starting a small business was one of the ways to do so. I used to get excited about the prospect of actually organising something and being able to earn from it. The main problem I had…
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Ways to manage your Christmas budget and expectations
Christmas can be a very expensive season but if planned properly you can stay within budget and actually enjoy the season. I used to find that the build-up to Christmas became very stressful due to high expectations which were difficult to meet. In this blog, I will be writing about how to manage your Christmas…
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Would you consider using Cryptocurrency for your business?
Cryptocurrency or cryptoassets have been around for a while and it has mainly been seen as an investment vehicle. In recent weeks, there has been a lot of publicity around cryptocurrencies volatility, regulation, and wider usage. Governments are looking to develop their own digital currency and this led me to not only think about it…
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5 Habits that will help you to save consistently
One important factor of being able to manage your finances is being able to save consistently. This will help with meeting your goals and avoid falling into debt. In this blog, I will be writing about 5 habits that will help you to save consistently. Set clear measurable savings goals. Setting specific goals will help…
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What are Key Performance Indicators and why are they important for your business?
When starting or running a business, it can be easy to focus on the area you are passionate about and not really pay attention to how the business is performing. Setting effective Key Performance Indicators (KPIs) will help you to measure progress towards your goals whilst you focus on what you are passionate about. In…
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How to set effective and achievable goals
How to set effective goals and achieve them For many years I felt that it was a must to have a new year’s goals list. I would think about everything I wanted to accomplish, write it down and feel better about my life in general at that time. The only problem was that I probably…
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