PALO ALTO, Calif. (MainStreet) -- Small businesses that have yet to build a social media presence may like hearing Facebook is teaming with the National Federation of Independent Business and U.S. Chamber of Commerce to offer a way to get them more customers.
The group is rolling out a nationwide program to "invest, educate and connect with small businesses" by teaching them how to reach customers via the social media giant's 800 million users, Facebook says. Beginning in January, Facebook will also launch Facebook Small Business Boost, where the site will award $10 million worth of free advertising to some 200,000 local businesses through $50 worth of ad credits each.
As the economic recovery stalls, poor sales are the main reason small businesses cannot expand or hire, according to NFIB research. Offering help to attract customers "will be most welcome for America's job creators," CEO Dan Danner says.
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