Personal Banking

Erwin Oropesa

For accounts receivable, companies can use software program to automatically ship reminders to prospects about outstanding bills and monthly statements to reduce days gross sales excellent. In the start, your hires should be bookkeepers and accountants—but as you develop your revenue base and choices start to revolve around financing and forecasting, the way you develop your finance staff shifts in the direction of finance. This entails maintaining track of all payments and expenditures, together with buy orders and invoices.

However, there is quite so much of similarity between the roles open to graduates with a business diploma and ones open to finance majors. The BLS lists each business and finance as acceptable levels for a number of monetary specialist roles, together with budget analyst, insurance underwriter, loan officer, personal financial advisor and tax collector. Study of the monetary functions of economic entities including financial analysis, monetary planning, present assets administration, … Read More

Onalaska teen receives $10,000 Altra Foundation scholarship

Erwin Oropesa

ONALASKA, Wis. (WKBT) — Onalaska High School senior Katherine Dahlke received a $10,000 scholarship this week from the Altra Foundation.

Dahlke is the first-ever winner of the Financial Education scholarship from the foundation.

“I am beyond grateful for this opportunity to put this money towards my education at the University of La Crosse in my field of Business Finance and using the money to further my education,” said Dahlke.

To be eligible, applicants needed to complete various modules through their partnered Banzai program, which is offered on Altra’s website or through teacher’s classrooms. Applicants did not need to be members of Altra Federal Credit Union to participate or win.

“This is the first time we’ve offered a scholarship like this and we are so excited to be able to do it,”

Read More

Business Finance Vs Private Finance

Erwin Oropesa

Keeping the rate of interest on a business loan as little as attainable means much less you need to pay back. Plus, you’re not caught with long-term debt when borrowing through the SBA microloan program. Microloans are an excellent financing option to think about if you don’t need as a lot money to get the ball rolling and you don’t wish to take longer than six years to pay back what you borrow. Another advantage of utilizing an SBA microloan is that you’re more prone to get competitive rates compared to what you would possibly discover when borrowing through traditional monetary institutions. Asking friends and family to back your business financially is something you might think about should you don’t have personal financial savings you’ll be able to faucet into or you’re on the fence about using credit cards for financing. While it’s tempting to hunt as much money as … Read More