Shell
Very WIP
Bash basics
RE Concepts
You can get some info from these tools
File
Get the file type, headers, etc. This will tell you what kind of file this is so you can choose your next steps.
Strings
Dump all strings found in the file. In easy CTFs, they sometimes hide a flag in the binary. You can infer things about the file from the strings you find. Sometimes, even get passwords.
Binwalk
Full on dump a firmware image. You can extract it in whole or in parts.