1) The document discusses how to build an optimized blog for a business to increase traffic, share expertise, and build an online community in an affordable way.
2) It recommends choosing a domain, hosting, permalinks, and platform like Wordpress to build the blog and then using themes, plugins, and content strategy to attract visitors through search, RSS, and social media.
3) The content strategy involves researching keywords, filling pages with relevant content, and promoting the blog through current customers, RSS syndication, and social media while optimizing posts to be found on search engines.