Almost 90% of blogs use the list of most recent posts as a homepage. However, if you prefer to use a static page as a homepage, the choice is yours. This technique allows you to use WordPress and create different kinds of web sites—not only blogs.
The possibility of using a static page as a homepage is built-in in the WordPress—however, a lot of bloggers aren’t aware of it.
How to do it
Step 1: Log in to your WordPress Dashboard and create a page named Homepage and publish it.
Step 2: On your WordPress Dashboard, go to Settings | Reading. You’ll see a title saying Front page displays.
Step 3: Select the A static page radio button and choose your new front page from the drop-down list. If you please, you can also choose a new template for the posts to be displayed.
For more information check the WordPress Codex: http://codex.wordpress.org/Creating_a_Static_Front_Page