3 Things You Should Know About Small Business: May 1

NEW YORK (MainStreet) -- What's happening in small business today?

1. This startup wants to buy your old cell phone. San Diego startup EcoATM has created a business around purchasing used mobile devices. The company operates a network of kiosks that will allow customers to trade in their used devices for cash, in-store credit or gift cards. EcoATM then resells the devices to the refurbishing market or recycles them, according to Fortune.

EcoATM's business has attracted investors, including the business it has modeled itself after -- Coinstar (CSTR) . Fortune says Coinstar participated in EcoATM's $14.4 million Series A round early last year. It is also participating in a second round that is being announced today, according to the article.

So which products have been the most popular to resell to EcoATM? Apple (APPL) , of course, which has the highest resale value, followed by RIMM(RIMM) and Android devices.

2. Grow your business on Facebook. Attend Constant Contact's (CTCT) webinar on how to grow your business via Facebook and get a $25 credit to advertise on the social media site. The webinar takes place on Wednesday, May 2 at 1pm EST. It will feature Facebook's head of Global SMB Marketing Chris Luo and Constant Contact's general manager of social media Mark Schmulen.

The webinar will showcase examples of small businesses and nonprofits that have been able to drive revenue through their Facebook marketing efforts.

3. Creative marketing ideas for Mother's Day. The first of May means Mother's Day is right around the corner -- a big consumer spending holiday. Outright offers a few marketing suggestions for businesses via the company's blog.