Optimism amongst small businesses rose from July to August according to the results of the US Small Business Health Index (SBHI). The SBHI score is generated monthly. A higher score indicates a healthier small business environment in the U.S. A score of 90 is really where we want to be. We’re heading in the right direction after several months of regressing.
The SBHI follows a sampling of all active small businesses with fewer than 100 employees and there are seven components which are:
- Proprietor’s Income
- Revenue
- Employment
- Lending To Small Business
- New Business Creation
- Bankruptcies
- Future Confidence
Dun & Bradstreet (D&B) offers some really great data visualizations (built in Tableau) that are useful to small business owners. Definitely worth your time to bookmark the D&B site and check the results out each month.