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When building the ad you can set criteria like area and who sees the ads, they are a great way to get your message out. The most important part is building your number of likes, but and its a big but quality is much more important than quantity in building a local business....
Be careful with pay per click you have no way of controlling who clicks the link, I believe the cost is approx 30 pence per click so you only need some numpty to click on your link for the hell of it to cost you a packet.
If done correctly yes, no need for capitals....