3 Things You Should Know About Small Business: September 28

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

1. Small business owners prefer the Romney/Ryan ticket, the latest survey says. Wave Accounting, a free accounting and payroll software provider for small business, think it's figured out who small business owners want to see elected president of the U.S.

Its survey found 44% of respondents indicated they will 'definitely' vote for the Romney/Ryan ticket. Another 7% said they will "probably" vote Republican. On the other hand, 32% of small businesses indicated they will "definitely" vote Democrat, with 6% "probably" doing the same, the survey found. (Undecided voters and those polled who will be voting for other candidates made up the remaining 11%.)

The findings of the Wave survey seem to contradict that of a recent George Washington University School of Political Management and Thumbtack poll in which 39% of business owners view President Obama as "most supportive" of small business, compared to 32% who named Romney as most supportive of their needs. The rest were undecided, the survey said.

Reducing government red tape is the No. 1 issue for Republican voting respondents, with an overwhelming 90% citing this issue as "crucial." Among voters intending to vote Democrat, 77% said the most important issue is improving health care options for small businesses, the Wave survey found.

The survey polled its 1,331 U.S.-based Wave customers that were employed at or owned a small businesses with 10 employees or less, including solo entrepreneurs, consultants and freelancers to get their opinions on each candidate's potential impact on small business.

2. Jump on the viral video bandwagon at just the right time. Viral marketing via YouTube is not easy and it's hard to tell if your funny new video will reach viewer levels similar to the Old Spice guy or the Carly Rae Jepsen's "Call Me Maybe" video.

One suggestion is to try piggybacking onto something that has already had success and create your own awesome spin to it. Think it doesn't work? HubSpot highlighted companies that were able to do so including startup LevelUp, uShip, NASA (yep, that's right), Hunter PR and HubSpot itself.

3. FedEx launches small business competition. FedEx ( FDX) has launched its first small business grant competition which will award a total of $50,000 to six U.S. businesses. The top winner will receive a $25,000 grant and the remaining five winners will receive grants of $5,000 each.

Small businesses that have fewer than 100 employees are eligible for the contest. Contestants have until November 17 to register a business and upload a profile to be voted on by Facebook users. Voting via Facebook begins this Monday and continues through November 24.

FedEx will choose 100 finalists in December. The top six small businesses -- including the grand prize winner -- will be announced in January.

"FedEx has long recognized that small businesses are incredibly vital to the health of both the global economy and local communities," said T. Michael Glenn, executive vice president of market development at FedEx. "Providing these grants is yet another way for FedEx to show our support for small businesses as we continue to create programs to help give them a head start and access to new opportunities."

Separately, FedEx is also kicking off its second year of support for Small Business Saturday.

Earlier this week, American Express ( AXP) launched a toolkit to help small retailers prepare for customers to "Shop Small" on November 24. Now in its third year, Small Business Saturday takes place on the Saturday after Thanksgiving. Included in AmEx's kit are posters that local FedEx Office stores will be printing for free for small retailers to post in their stores. Retailers can access the toolkit, which includes the posters on the Small Business Saturday Facebook page.

-- Written by Laurie Kulikowski in New York.

To contact Laurie Kulikowski, send an email to: Laurie.Kulikowski@thestreet.com.

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