Here is everything you need to know as a Professional about Facebook’s Vanity URLs, Profiles, Groups, and Pages.
First a little info on Facebook. What started as a way for College Kids to stay connected has evolved into one of the fastest growing sites on the internet. It’s not for Kids either.

Did you know…
(source: Inside Facebook)
This is why Facebook has become very important. If your past, present and future clients are all there - shouldn’t you be too? It’s the "HOW" of your being there that’s important to understand. Let’s start with the fundamentals.
Join Facebook and the first thing you do is create a Profile. This is you (personally).
People who connect to you become "FRIENDS" of you. A Friend of yours can also see who your other friends are. This also means that when your friends upload and tag pictures, videos, etc of you that picture is usually also shown to all your other Friends as well. That’s great if it’s the Church BBQ and all your friends are part of the same church. That’s not so great if one of your friends from 20 years ago posts embarassing pictures of you. (Yes you can try to control who posts what and who sees what in the privacy settings but it’s aa losing battle). When a potential client becomes your "friend" they are subjected to all your pictures, your friends pictures, and so on. We know professionally to stay away from Politics, Sex and Religion in our daily business but when we accept a potential client as a "friend" we’ve opened that door wide open!
June 12th, 9 PM Pacific time, Facebook opened up the ability to create a Vanity Username for your profile. During that landrush Facebook reported 500,000 usernames in the first 15 minutes! Most people claimed their name. I went from

to

You can see why. MikeMueller is a whole lot easier to remember than a string of numbers. If you did not get a Vanity URL for your profile yet you still can - just go to http://www.facebook.com/username . Here’s one word of caution. You cannot change your username later. Think of it as a lower back tattoo. Chose wisely - your going to have it for a very long time.
Another thing to remember is that this is a Vanity URL for your PROFILE. (I’ll explain more later)
This is going to be easy. You can setup a group in Facebook for anything you want but even Facebook is pondering the viability of groups. They are walled off from the rest of the community. What happens in a group, stays in the group. Google does not see groups. They are not indexed by search engines and have NO SEO value. Updates in groups stay in the group, they do not show on your members walls. Simply put, Groups are a dead end. Let’s move on.
Facebook allows for custom creation of fabulous pages. They (Facebook) call them Fan Pages but really they are Business Pages . Instead of "Friends" your Page collects "Fans". Hey, I’m not a big Fan of the term either.
What can a Facebook Business Page do? Almost anything. The best analogy is that a Facebook Business Page is a website/blog within Facebook. One of the most important things about a Page is that it separates your Personal (family, friends, church, and old girlfriends from 20 years ago) from your Professional Persona of today. Fans of your page do not see the Church BBQ pictures. The only Politics, Sex and Religion they’ll see is what you chose to share with them. You still can have personality (and should).
Yes you can get a Custom Vanity URL for your Page if you have 100 Fans. You do not need to have 100 fans to create a page.
Here’s 7 reasons why your business needs a FB page.
It’s easy to tell. Pull up your URL. If under your picture (top left) it says "Edit Page" - then it’s a PAGE!
Here’s http://facebook.com/MikeMuellerConsulting
If under your picture you see "View Photos of Me" - that’s a Profile!
That’s almost everything you need to know about Pages.
It’s easy to create a Page on Facebook. It’s easy to draw people to the page. What isn’t easy is to keep them there. You need to have compelling content.
If your page has just the "Wall", "Info" and other stock tabs - your new found Fans will be out of there before the page loads! It’s easy to automate new inflow of content. You can bring in blog posts, Tweets, Flickr, most anything and do so automatically.
The idea is to be where your clients are and engage them in meaningful ways.