Hello,
Yes setting a static front page is quite simple.
First create two pages (if you have not )one for your home page
and another for your posts (blog ) page
and name them accordingly from Dashboard -> Pages -> Add new
Now, go to Dashboard -> Settings -> Reading and change the Front page displays from Your latest posts to A static page (select below) and select the page (that your created earlier )for your Front page: and Posts page: from the dropdown.
The widgets will show up on your front page.
Regards.