Optimism amongst small business owners is on the rise

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:

1. Proprietor’s Income
2. Revenue
3. Employment
4. Lending To Small Business
5. New Business Creation
6. Bankruptcies
7. 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.