Best Tools for Accepting Mobile Credit Card Payments

August 26, 2019 by First Federal Bank

There are a lot of things to consider when you open a small business. One of the essential tools you’ll need is a way to accept payment. If you’re not ready to purchase or lease a whole register system, consider mobile credit card payment processing from one of these vendors.SquareProbably one of the most well-known names in mobile credit card...

Topics: Business Banking, Small Business

What is Passive Income?

August 23, 2019 by First Federal Bank

Warren Buffett, the billionaire businessman and philanthropist, once said: “If you don't find a way to make money while you sleep, you will work until you die.” Though it may sound like a somewhat grim indictment against the retirement prospects of the working person, it’s at its core a recommendation to look into the winning strategy that is...

Topics: Small Business, Financial Education

Should You Become a Landlord?

August 19, 2019 by First Federal Bank

Managing a rental property can be a smart investment. As a landlord, you are the owner of property that generates a monthly income that is set by you. However, as a landlord, you are responsible for everything that breaks, and you have to trust that your tenants will pay their rent without wreaking havoc on your property. It takes a lot of...

Topics: Small Business

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