First Federal Bank Blog

When you’re a busy entrepreneur it can be easy to get lost in figures like expenses, sales, and earnings. However, these numbers don’t paint the whole picture of your company’s health. That’s why it’s important to understand your company’s profit margins, which show you the proportion of how much profit you’re actually earning when compared to...

Recent events have made it clear that businesses can live and die on preparedness for disaster. According to the Federal Emergency Management Agency, between 40 and 60 percent of all small businesses succumb to disasters like fire and burst water pipes, not including a far-reaching health crisis or major weather catastrophe. When uncertainty is...

You may have had to cancel or put off a planned trip due to restrictions in place as a result of the Covid-19 pandemic. And the near-term future of travel is very uncertain. But there is no reason you can’t enjoy a much-needed vacation. Have you considered taking a staycation? After weeks of parents working from home, with kids engaged in distance...

Your old computer may still contain sensitive data like financial information, your Social Security number, passwords and personal files. If you’re planning on getting rid of your old computer, you should first take precautions to protect that data.Back up your filesBefore you throw out or sell your old computer, think about what information it...

Deciding what home improvement projects to invest in can be tricky. You don’t want to pour money into a renovation or remodel that won’t pay off when you go to sell. If you’re eager to increase your home’s value, consider starting in a small, but essential part of your home — your bathroom.“On average, homeowners spend just over $20,000 on a...

The retail industry never stops evolving, and as a business owner, it’s important to keep up with consumer habits. From putting your values at the forefront to giving your customers more ways to shop, there are plenty of ways to show your customers that you care. Here are a few strategies for adapting to what modern shoppers want from their retail...

If you’re in the market for a used vehicle, you can choose to purchase a former rental car or a privately-owned car. Buying a rental car has its own set of positives and negatives that are worth thinking about before going car shopping.The latest featuresRental car companies tend to have fleets comprised of newer vehicles to attract customers. As...

When it comes to marketing, there are many ways to reach your audience. Website content, social media and advertisements can all help your business succeed, but you need to make meaningful connections with customers to create a bond of brand loyalty. Consider the moments that matter in your business and what you can do to make them memorable. ...

It’s a sad truth of life that even the most beloved furniture will eventually begin to show its age. This is doubly true for patio furniture, which, even under the best of circumstances, is exposed to the elements far more than a living room couch. Thankfully, there are a few easy ways to give your patio furniture a makeover, saving you money and...

If you’re like many Americans, you probably receive your health insurance through your job. However, when it comes time to retire, you’ll be faced with a difficult — and potentially costly — problem. Here are some tips for navigating the complicated world of health coverage in your golden years.Check with your current providerExplore how your...