This document provides an overview of Facebook ads, including: 1. Definitions of ads and their purpose of promoting businesses and including social context. 2. Guidelines that ads cannot promote adult products or services. 3. An outline of a Facebook ads strategy including building a fan base and increasing engagement. 4. Descriptions of different types of Facebook ad formats and ways to target ads through locations, interests, connections and more. 5. Tips for creating effective ads including compelling images, text and targeting the right audience.