A while back, Facebook allowed personal users to set up timelines and now businesses have that option as well. Facebook timeline is simply a new profile that showcases all posts and activities on a page or personal account. On March 30, 2012, every business page will automatically switch to have a timeline.

Many businesses already embraced the timeline set up. Here are a few examples:

https://www.facebook.com/ZellersCanada
https://www.facebook.com/cocacola
https://www.facebook.com/nike

Although these are big businesses, anyone can set up their timeline to attract and connect with users, visitors and clients.

Here is a great overview of the Facebook timeline. This image was developed by Mari Smith and the original, including great tips and pointers, can be accessed on her blog post

To learn more, you might want to explore:

Overview of Facebook timeline – https://www.facebook.com/about/timeline
Most wanted tips to write Facebook wall posts for business pages – http://mashable.com/2012/02/29/facebook-timeline-brand-pages/
Most wanted tips to write Facebook wall posts for business pages – http://news.submitinme.com/newsdetails-163.aspx
Facebook’s new guidelines –  http://www.facebook.com/page_guidelines.php