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Facebook offers businesses new Pages, messaging

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Facebook's revenue plan for small businesses

Facebook's rolling out its biggest overhaul to its Pages for businesses yet—giving small and medium businesses more free tools than ever to reach consumers. It's all part of Facebook's plan to connect not just people with each other, but people with businesses.

The social network wants to become such a ubiquitous, useful tool for businesses that it naturally drives those businesses to buy Facebook ads.

At an event at its Menlo Park, California, headquarters Tuesday afternoon, Facebook announced custom page formats—so retailers, restaurants or services, like a spa, can easily feature the information people are most likely to look for.