Do You Need a Dress Code?

May 25, 2020 by First Federal Bank

When building a company, there are a myriad of factors to consider — including how your employees appear to customers. To give your business a more professional appearance, consider instituting a dress code to provide a set of guidelines to help your employees decide on appropriate workplace attire. Here are a few factors to help you decide if a...

Topics: Small Business

We are #LocalStrong

May 15, 2020 by First Federal Bank

In early April, First Federal was challenged by another financial institution to help stimulate our local economies. Each FF employee was given $25 by the bank and challenged to spend with a local small business or non-profit, or pay it forward to an essential worker. We were so inspired by our generous and creative employees! 

Topics: First Federal News, Small Business

Tips to Keep Your Financial Records Well-Organized

May 08, 2020 by First Federal Bank

Keeping your financial records well-organized is important for more than fulfilling regulations or legal requirements. It also helps you better understand your business, now and in the future. Without a proper record-keeping system, it can be easy to lose track of important business details. Give your small business a better chance to survive in...

Topics: Small Business

What is Business Valuation?

April 30, 2020 by First Federal Bank

A business valuation appraises the monetary value of your company. While a business valuation is an essential part of selling a company, it can be useful even if you aren’t looking to sell your small business. An accurate, up-to-date business valuation can enable you to quickly respond to an unexpected opportunity or setback. For instance, if you...

Topics: Business Banking, Small Business

Serving Our Small Businesses, One PPP Loan at a Time

April 22, 2020 by First Federal Bank

Honored. Dedicated. Proud.

Topics: Business Banking, Small Business

How to Share Good Customer Reviews

March 30, 2020 by First Federal Bank

Without a doubt, your loyal customers have good things to say about your company — so why not use those glowing reviews to showcase your business?If you’re a proud small business owner, you work hard to provide top-quality products and professional service. Here’s why you should capitalize on customer reviews, as well as a quick and easy guide to...

Topics: Small Business

How to Fund Business Growth

March 25, 2020 by First Federal Bank

Whether your startup is already ready to expand, or will sometime in the future, it’s best to be prepared. Read this to learn the best options for funding business growth.

Topics: Business Banking, Small Business

Celebrating National Ag Day

March 24, 2020 by First Federal Bank

At First Federal Bank, we value the essential role of agriculture in maintaining a strong economy. March 24 is National Ag Day, a day to celebrate and recognize the contribution of agriculture in our everyday lives.

Topics: Small Business

Funding Your Small Business with Bad Credit

March 23, 2020 by First Federal Bank

A low credit score is a detriment to any individual or business seeking loans, but it doesn’t entirely eliminate your financing options. FICO defines bad credit as a score between 300 and 629. If you fall within that margin, you can still fund your business in a way that gets your score back on track and opens more doors in the future.

Topics: Business Banking, Small Business

Paying for Digital Advertising

March 16, 2020 by First Federal Bank

In 2020, digital advertising is a multi-billion-dollar industry where you have to spend money to get the exposure you need.

Topics: Small Business

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